How Kentucky Power compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Kentucky Power, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| Kentucky Utilities Co | 11.85 | 450,673 | -3.22 | -$348 |
| Cumberland Valley Electric, Inc. | 12.87 | 22,478 | -2.20 | -$238 |
| Fleming-Mason Energy Coop Inc | 13.04 | 23,666 | -2.02 | -$219 |
| Clark Energy Coop Inc | 13.25 | 26,203 | -1.82 | -$197 |
| Jackson Energy Coop Corp | 13.66 | 49,423 | -1.41 | -$152 |
| Big Sandy Rural Elec Coop Corp | 13.69 | 11,574 | -1.38 | -$149 |
| Licking Valley Rural E C C | 13.84 | 16,805 | -1.23 | -$133 |
| Kentucky Power Co (this page) | 15.07 | 130,852 | — | — |
| Grayson Rural Electric Coop Corp | 16.07 | 14,429 | +1.01 | +$109 |
8 bundled utilities (≥5,000 customers) share at least one county with Kentucky Power. Positive $/yr = that utility's customers pay more than Kentucky Power customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where Kentucky Power customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Kentucky Power premium, $/yr |
|---|---|---|---|
| Boyd | City of Berea Municipal Utility | 9.04 | +$651 |
| Perry | City of Berea Municipal Utility | 9.04 | +$651 |
| Pike | City of Berea Municipal Utility | 9.04 | +$651 |
| Clay | Kentucky Utilities Co | 11.85 | +$348 |
| Rowan | Kentucky Utilities Co | 11.85 | +$348 |
| Leslie | Cumberland Valley Electric, Inc. | 12.87 | +$238 |
| Letcher | Cumberland Valley Electric, Inc. | 12.87 | +$238 |
| Lewis | Fleming-Mason Energy Coop Inc | 13.04 | +$219 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. Showing the 8 highest-premium counties of 20 served.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 14.19 | 15.07 | +6.2% |
| Residential customers | 131,090 | 130,852 | -0.2% |
Ownership: Investor Owned. Statewide context: Kentucky electricity rates.
Supply vs delivery on a Kentucky Power bill
Kentucky is a regulated retail market — Kentucky Power customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: psc.ky.gov.
Counties served (KY, EIA-861 2024)
Boyd · Breathitt · Carter · Clay · Elliott · Floyd · Greenup · Johnson · Knott · Lawrence · Leslie · Letcher · Lewis · Magoffin · Martin · Morgan · Owsley · Perry · Pike · Rowan
Head-to-head comparisons
Questions people ask
- Is Kentucky Power Co more expensive than other Kentucky utilities?
- Kentucky Power Co customers paid an average 15.07 cents/kWh in 2024 — 18% above the Kentucky volume-weighted average of 12.80 cents (EIA-861, bundled residential service).
- Can I switch away from Kentucky Power Co?
- No — distribution territory is fixed by address and Kentucky has no residential supplier shopping. Rate changes go through the state utility commission (psc.ky.gov).
- How many customers does Kentucky Power Co have?
- 130,852 residential customers in Kentucky in 2024 across 20 counties, per its EIA-861 federal filing. Ownership type: investor-owned.