WattBuy’s Guide toElectricity in
Electricity in
New Hope
Kentucky
Kentucky
Here's the average monthly bill, usage, and carbon footprint of residents in New Hope
January
$167highestFebruary
$78lowestMarch
$99April
$97May
$98June
$100July
$108August
$110September
$95October
$101November
$100December
$89Carbon Emissions
1,411 lbs CO₂
Monthly Usage
819 kWh
New Hope's energy comes from Coal, Natural Gas, Hydroelectric, and Solar. Coal is the largest source of electricity, providing 67% of New Hope's energy. Natural Gas is the second largest source, making up 28%. Hydroelectric provides 4% of the energy in New Hope. Solar provides 1% of the energy in New Hope.
67%
Coal
28%
Natural Gas
4%
Hydroelectric
1%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
0 kWh
Energy generated by average sized system
$13,603
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in New Hope can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Inter County Energy Coop Corp has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential EV Off-Peak Charging Pilot Program | TOU | 9¢ to 11¢ |
| Residential Farm and Home Service | Fixed | 11¢ |
| Residential Farm and Home Service - Prepay | Fixed | 11¢ |
| Farm and Home Marketing Rate(ETS Heating Units) | Fixed | 7¢ |
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