Banks Electricity Rates

Alabama · 1,486 residents

15.05¢/kWh
Average residential rate
2.9% vs Alabama avg

Banks Electricity at a Glance

15.05¢
Avg residential rate
1
ZIP codes
4
Utility providers
1,486
Population

Banks Electricity Rate Analysis

Banks residential electricity rates average 15.05¢ per kWh — that's higher than the Alabama state average of 14.62¢/kWh by 2.9%. Rates are aggregated from 1 Banks ZIP codes and 4 utility providers serving the city.

The primary electricity providers in Banks are South Alabama Elec Coop, Inc, Pea River Electric Coop, Dixie Electric Coop - (AL).

Banks ZIP Codes & Electricity Rates

ZIP CodePopulationResidential Rate
360051,48616.77¢/kWh

Banks Electric Utility Providers

  • South Alabama Elec Coop, Inc
    Investor-Owned Utility · serves 1 ZIP in Banks
    15.44¢
    avg rate
  • Pea River Electric Coop
    Investor-Owned Utility · serves 1 ZIP in Banks
    16.77¢
    avg rate
  • Dixie Electric Coop - (AL)
    Investor-Owned Utility · serves 1 ZIP in Banks
    15.05¢
    avg rate
  • Alabama Power Co
    Investor-Owned Utility · serves 1 ZIP in Banks
    16.77¢
    avg rate

Banks Electricity Rate FAQ

What is the average electricity rate in Banks?

Banks residential electricity rates average 15.05¢ per kWh, based on data aggregated across 1 ZIP codes.

Who provides electricity in Banks?

Banks is served by 4 electric utility providers, including South Alabama Elec Coop, Inc, Pea River Electric Coop, Dixie Electric Coop - (AL).

How does Banks compare to the Alabama state average?

Banks electricity rates are 2.9% higher than the Alabama state average of 14.62¢/kWh.