Electricity Rates in Georgetown, KY
Average electricity cost, utility comparison, and solar savings potential for Georgetown homeowners.
Electricity in Georgetown, KY averages $0.11/kWh and about $89/month — here is how that compares and how solar lowers it.
- The average residential electricity rate in Georgetown is $0.11/kWh, 31% below the U.S. average of $0.16/kWh.
- A typical Georgetown home pays about $89 per month for electricity.
- Kentucky has a regulated market — the local utility sets the rate.
- Solar panels cut a typical Georgetown bill by about 72% (around $64/month) and lock in costs for 25+ years.
What is the average electricity rate in Georgetown, KY?
The average residential electricity rate in Georgetown, KY is $0.11 per kWh, which is 31% below the national average of $0.16/kWh. Homeowners in Georgetown pay an average of $89 per month for electricity, based on typical usage of 806 kWh per month.
Electricity rates in Georgetown are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use.
Which electric utilities serve Georgetown, KY?
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Kentucky Utilities (LG&E/KU) | $0.11 | $89 |
| Louisville Gas & Electric | $0.10 | $81 |
| Duke Energy Kentucky | $0.12 | $97 |
Can solar lower your Georgetown electricity bill?
Without Solar
- Monthly bill: $89
- Annual cost: $1,068
- 25-year cost: $26,700
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $64
- Annual savings: $768
- 25-year savings: $24,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Georgetown, KY
The average residential electricity rate in Georgetown is $0.11 per kilowatt-hour (kWh), which is 31% below the national average of $0.16/kWh. The average monthly electric bill for Georgetown homeowners is approximately $89.
With solar panels, Georgetown homeowners can reduce their electricity costs by approximately 72%, saving around $64 per month or $24,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Georgetown area include Kentucky Utilities (LG&E/KU), Louisville Gas & Electric, Duke Energy Kentucky. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Georgetown and across Kentucky have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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