Kentucky Utilities Co electricity rates

It is a smaller system, serving 22,669 residential customers, which means its fixed costs are spread across a narrow base. At 14.28¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Virginia, 18.9% under the statewide average of 17.61¢.

Consumption here is high, 1,196 kilowatt-hours a month against a national average of 871. Long cooling seasons, large detached homes and electric resistance heating are the usual causes, and together they matter more to the bill than the rate does.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Kentucky Utilities Co customer went 2,044 minutes without electricity across 2.68 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is far worse than typical, and figures at this level almost always reflect a major storm season rather than everyday performance. A single hurricane or ice storm can dominate the annual number.

60 residential customers had net-metered solar in 2024, totalling 0.54 megawatts. That works out to 2.6 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is below the national median. A low retail rate reduces what solar displaces, and export compensation set at avoided cost rather than the retail rate reduces it further. What exports are actually worth.