Smithfield Electricity Rates

Commercial electricity rates in Smithfield

• Commercial Electricity in Smithfield
• • The average commercial electricity rate in Smithfield is 8.09¢/kWh.^[1]
  • This average (commercial) electricity rate in Smithfield is 7.33% less than the Kentucky average rate of 8.73¢/kWh.^[2]
  • The average (commercial) electricity rate in Smithfield is 19.82% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Smithfield

• Residential Electricity in Smithfield
• • The average residential electricity rate in Smithfield is 8.24¢/kWh.^[1]
  • This average (residential) electricity rate in Smithfield is 12.62% less than the Kentucky average rate of 9.43¢/kWh.^[2]
  • The average (residential) electricity rate in Smithfield is 30.64% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Smithfield

• Industrial Electricity in Smithfield
• • The average industrial electricity rate in Smithfield is 5.43¢/kWh.^[1]
  • This average (industrial) electricity rate in Smithfield is 1.5% greater than the Kentucky average rate of 5.35¢/kWh.^[2]
  • The average (industrial) electricity rate in Smithfield is 18.59% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in Kentucky

• Commercial electricity rates in KY ^[3]
• • The average commercial electricity rate in Kentucky is 8.73¢/kWh, which ranks 33rd in the nation and is 13.48% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in KY ^[3]
• • Commercial electricity consumption in Kentucky averages 5,241 kWh/month, which ranks 33rd in the nation and is 15.98% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in KY ^[3]
• • The average monthly commercial electricity bill in Kentucky is $458, which ranks 40th in the nation and is 27.19% less than the national average of $629.
• Learn more about commercial electricity in Kentucky

Residential electricity in Kentucky

• Residential electricity rates in Kentucky ^[3]
• • The average residential electricity rate in Kentucky is 9.43¢/kWh, which ranks 46th in the nation and is 20.62% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in KY ^[3]
• • Residential electricity consumption in Kentucky averages 1,130 kWh/month, which ranks 7th in the nation and is 25.14% greater than the national average of 903 kWh/month.
• Residential electricity bills in KY ^[3]
• • The average monthly residential electricity bill in Kentucky is $107, which ranks 21st in the nation and is exactly equal to the national average of $629 per month.
• Learn more about residential electricity in Kentucky

Industrial electricity in Kentucky

• Industrial electricity rates in Kentucky ^[3]
• • The average industrial electricity rate in Kentucky is 5.35¢/kWh, which ranks 46th in the nation and is 19.79% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in KY ^[3]
• • Industrial electricity consumption in Kentucky averages 516,259 kWh/month, which ranks 6th in the nation and is 360.3% greater than the national average of 112,158 kWh/month.
• Industrial electricity bills in KY ^[3]
• • The average monthly industrial electricity bill in Kentucky is $27,621, which ranks 8th in the nation and is 269.12% greater than the national average of $7,483.
• Learn more about industrial electricity in Kentucky

Smithfield, KY Income Breakdown ^[4]

Income Summary for Smithfield, KY

• • Household income: The city of Smithfield has a median household income of $64,821, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Smithfield is approximately 3 percent greater than the median income for the entire United States.^[4]
  • Poverty level: Approximately 7.5 percent of Smithfield households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in Kentucky is about $107/month, ranking 21st in the U.S. and exactly equal to the national average of $629.^[5]

Income: Smithfield vs. Nation ^[4]