Kentucky · Investor Owned

Louisville Gas & Electric Co Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

12.28¢
Avg residential price / kWh
384.9K
Residential customers
-4.0%
vs Kentucky average
$1,342
Implied avg annual bill

Louisville Gas & Electric Co charged an average of 12.28¢ per kWh to residential customers in 2024 - close to the Kentucky average and far below the US average.

Louisville Gas & Electric Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Kentucky customer-weighted average (-4.0%). Its customers used near the national residential norm at about 10,930 kWh a year each.

How this price compares

Ranked by price against the 45 utilities reporting residential rates in Kentucky, Louisville Gas & Electric Co comes 10th 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 13.45¢, Louisville Gas & Electric Co is below its own ownership class within the state (-8.7%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 45 reporting utilities.

Where Louisville Gas & Electric Co sits among Kentucky utilities

2024 average residential price across the 45 utilities reporting a rate in Kentucky

12.28¢/kWh Top 23% most affordable More affordable than 80% of 44 other utilities

Louisville Gas & Electric Co

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

Louisville Gas & Electric Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Louisville Gas & Electric Co 12.28¢ -
Kentucky (customer-weighted, 45 utilities) 12.79¢ -4.0%
United States average 16.48¢ -25.5%
Investor Owned utilities nationally (183) 17.36¢ -29.3%

Rate against consumption: Kentucky utilities

Each dot is one of the 45 Kentucky utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Louisville Gas & Electric Co is highlighted. In Kentucky the cheapest rate and the smallest implied annual bill happen to belong to the same utility, City of Berea Municipal Utility; across the country they usually do not. 2×2 strategic matrix plotting 45 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use -50050100150 -50050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 45 Kentucky utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Louisville Gas & Electric Co is highlighted. In Kentucky the cheapest rate and the smallest implied annual bill happen to belong to the same utility, City of Berea Municipal Utility; across the country they usually do not.

Scale and consumption

Louisville Gas & Electric Co reported 384.9K residential customers, ranking 2nd of 45 utilities in Kentucky by customers served and covering 18.8% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 10,930 kWh per customer per year - near the national residential norm, implying a typical annual bill near $1,342.

Within Kentucky the median reporting utility sells about 12,192 kWh per customer, so Louisville Gas & Electric Co customers use -10.4% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in Kentucky

All 45 utilities reporting bundled residential service in Kentucky, largest first, with Louisville Gas & Electric Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Kentucky, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Kentucky Utilities Co Investor Owned 450.7K 11.85¢
Louisville Gas & Electric Co (this page) Investor Owned 384.9K 12.28¢
Duke Energy Kentucky Investor Owned 139.4K 13.44¢
Kentucky Power Co 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 Louisville Gas & Electric Co rates

How much does Louisville Gas & Electric Co charge per kWh?
Louisville Gas & Electric Co reported an average residential price of 12.28¢ 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 Louisville Gas & Electric Co expensive compared with the rest of Kentucky?
Its average residential price is close to the Kentucky customer-weighted average of 12.79¢ per kWh, a difference of -4.0%. The state figure is weighted by customers across the 45 utilities reporting residential service in Kentucky.
What is the average electricity bill for Louisville Gas & Electric Co customers?
Dividing reported residential sales by residential customers gives about 10,930 kWh per customer per year. At the reported average price that implies roughly $1,342 a year, or about $112 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Louisville Gas & Electric Co?
EIA classifies Louisville Gas & Electric 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.