Kentucky · Investor Owned
Kentucky Power Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 15.07¢
- Avg residential price / kWh
- 130.9K
- Residential customers
- +17.8%
- vs Kentucky average
- $2,140
- Implied avg annual bill
Kentucky Power Co charged an average of 15.07¢ per kWh to residential customers in 2024 - above the Kentucky average and below the US average.
Kentucky Power Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is above the Kentucky customer-weighted average (+17.8%). Its customers used well above the national residential norm at about 14,200 kWh a year each.
How this price compares
Ranked by price against the 45 utilities reporting residential rates in Kentucky, Kentucky Power Co comes 41st of 45. The state's range runs from City of Berea Municipal Utility at 9.04¢ to Grayson Rural Electric Coop Corp at 16.07¢, so where a household sits inside Kentucky depends far more on which utility serves it than on the statewide average alone.
Against the 3 other investor owned utilities reporting in Kentucky, which averaged 12.52¢, Kentucky Power Co is above its own ownership class within the state (+20.3%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 45 reporting utilities.
Where Kentucky Power Co sits among Kentucky utilities
2024 average residential price across the 45 utilities reporting a rate in Kentucky
15.07¢/kWh 9th affordability percentile More affordable than 9% of 44 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Kentucky Power Co | 15.07¢ | - |
| Kentucky (customer-weighted, 45 utilities) | 12.79¢ | +17.8% |
| United States average | 16.48¢ | -8.6% |
| Investor Owned utilities nationally (183) | 17.36¢ | -13.2% |
Rate against consumption: Kentucky utilities
Scale and consumption
Kentucky Power Co reported 130.9K residential customers, ranking 4th of 45 utilities in Kentucky by customers served and covering 6.4% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 14,200 kWh per customer per year - well above the national residential norm, implying a typical annual bill near $2,140.
Within Kentucky the median reporting utility sells about 12,192 kWh per customer, so Kentucky Power Co customers use +16.5% against their own state's middle. Consumption this heavy usually tracks electric heating, sustained air-conditioning load or a largely detached-housing territory, which makes the price per kWh bite harder here than the headline rate suggests.
Every utility reporting in Kentucky
All 45 utilities reporting bundled residential service in Kentucky, largest first, with Kentucky Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Kentucky Utilities Co | Investor Owned | 450.7K | 11.85¢ |
| Louisville Gas & Electric Co | Investor Owned | 384.9K | 12.28¢ |
| Duke Energy Kentucky | Investor Owned | 139.4K | 13.44¢ |
| Kentucky Power Co (this page) | Investor Owned | 130.9K | 15.07¢ |
| South Kentucky Rural E C C | Cooperative | 64.9K | 12.92¢ |
| Owen Electric Coop Inc | Cooperative | 64.0K | 12.55¢ |
| Warren Rural Elec Coop Corp | Cooperative | 60.7K | 11.98¢ |
| Blue Grass Energy Coop Corp | Cooperative | 60.6K | 12.32¢ |
| Salt River Electric Coop Corp | Cooperative | 53.5K | 10.88¢ |
| Jackson Energy Coop Corp - (KY) | Cooperative | 49.4K | 13.66¢ |
| Kenergy Corp | Cooperative | 47.3K | 15.15¢ |
| Pennyrile Rural Electric Coop | Cooperative | 40.6K | 13.16¢ |
| Nolin Rural Electric Coop Corp | Cooperative | 35.9K | 13.08¢ |
| West Kentucky Rural E C C | Cooperative | 32.1K | 13.46¢ |
| Meade County Rural E C C | Cooperative | 29.2K | 14.27¢ |
| City of Bowling Green - (KY) | Municipal | 27.2K | 11.48¢ |
| Inter County Energy Coop Corp - (KY) | Cooperative | 26.7K | 13.74¢ |
| Clark Energy Coop Inc - (KY) | Cooperative | 26.2K | 13.25¢ |
| Taylor County Rural E C C | Cooperative | 25.0K | 13.27¢ |
| Farmers Rural Electric Coop Corp - (KY) | Cooperative | 24.9K | 13.08¢ |
| Jackson Purchase Energy Corporation | Cooperative | 24.0K | 15.64¢ |
| Fleming-Mason Energy Coop Inc | Cooperative | 23.7K | 13.05¢ |
| City of Owensboro - (KY) | Municipal | 23.3K | 13.42¢ |
| Cumberland Valley Electric, Inc. | Cooperative | 22.5K | 12.87¢ |
| Tri-County Elec Member Corp (TN) | Cooperative | 20.5K | 12.52¢ |
| City of Paducah - (KY) | Municipal | 18.9K | 15.55¢ |
| Shelby Energy Coop, Inc - (KY) | Cooperative | 17.4K | 13.21¢ |
| City of Frankfort - (KY) | Municipal | 17.2K | 11.23¢ |
| Licking Valley Rural E C C | Cooperative | 16.8K | 13.83¢ |
| Grayson Rural Electric Coop Corp | Cooperative | 14.4K | 16.07¢ |
| Big Sandy Rural Elec Coop Corp | Cooperative | 11.6K | 13.69¢ |
| Henderson City Utility Comm | Municipal | 10.3K | 10.84¢ |
| City of Hopkinsville | Municipal | 9.8K | 12.53¢ |
| Madisonville Municipal Utils | Municipal | 6.9K | 11.68¢ |
| City of Murray - (KY) | Municipal | 6.2K | 13.27¢ |
| City of Glasgow - (KY) | Municipal | 5.6K | 13.45¢ |
| City of Berea Municipal Utility | Municipal | 4.7K | 9.04¢ |
| City of Franklin - (KY) | Municipal | 4.6K | 12.92¢ |
| City of Mayfield Plant Board | Municipal | 4.3K | 13.37¢ |
| City of Russellville - (KY) | Municipal | 3.1K | 11.99¢ |
| Gibson Electric Members Corp | Cooperative | 2.5K | 13.33¢ |
| City of Benton - (KY) | Municipal | 1.9K | 14.07¢ |
| City of Jellico | Municipal | 1.8K | 13.11¢ |
| City of Fulton - (KY) | Municipal | 1.2K | 13.60¢ |
| City of Hickman | Municipal | 821 | 14.49¢ |
For generation mix and price history statewide, see electricity rates in Kentucky.
Common questions about Kentucky Power Co rates
- How much does Kentucky Power Co charge per kWh?
- Kentucky Power Co reported an average residential price of 15.07¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Kentucky Power Co expensive compared with the rest of Kentucky?
- Its average residential price is above the Kentucky customer-weighted average of 12.79¢ per kWh, a difference of +17.8%. The state figure is weighted by customers across the 45 utilities reporting residential service in Kentucky.
- What is the average electricity bill for Kentucky Power Co customers?
- Dividing reported residential sales by residential customers gives about 14,200 kWh per customer per year. At the reported average price that implies roughly $2,140 a year, or about $178 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Kentucky Power Co?
- EIA classifies Kentucky Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.