Residential electricity prices in Banks, AL in August 2024 averaged approximately 14.87 cents per kilowatthour (¢/kWh), which was about 11% less than the national average rate of 16.63 ¢/kWh (August 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Banks differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from July 2023 to July 2024 - residential electricity prices in Banks increased approximately 3%, from 14.48 ¢/kWh to 14.94 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Banks in August 2024 averaged 25.86 dollars per thousand cubic feet ($/Mcf), which was approximately 11% more than the national average rate of 23.40 $/Mcf (August 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Banks natural gas prices against U.S. average prices. Compare Banks natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Banks (Alabama) decreased approximately 3%, from 27.03 $/Mcf (July 2023) to 26.25 $/Mcf (July 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The town of Banks (Alabama) has an average annual solar radiation value of 5.48 kilowatt hours per square meter per day (kWh/m2/day). Compare Banks values to both low and high values in the U.S. overall: [3]
→ Solar radiation values listed as zero are not currently available.
See the chart below for a comparison of Banks solar radiation levels against other areas in the U.S. Compare Banks levels against both 1) low average solar radition levels (WA) and also 2) high average solar radiation levels (NV). [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Solar radiation values listed as zero are not currently available.
Households in the United States have benefited from falling energy prices in recent years, which has driven down the cost of living.
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Penn State researchers recently examined microgrids and discovered that they may not always be a wise economic move for communities.
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Through the analysis of publicly available data filed by electricity suppliers, the CT OCC discovered that electricity customers overpaid by $58 million in 2015.
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The town of Banks, AL in Pike County has an approximate population of 179. [4]
To learn more about utility rates & usage in Banks, AL, or for other information related to utilities in Banks, visit the U.S. Energy Information Administration.
Electricity travels at the speed of light, which is more than 186,000 miles per second.
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