Residential electricity prices in Richmond, KY in January 2025 averaged approximately 12.60 cents per kilowatthour (¢/kWh), which was about 21% less than the national average rate of 15.95 ¢/kWh (January 2025). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Richmond differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from December 2023 to December 2024 - residential electricity prices in Richmond increased approximately 8%, from 12.34 ¢/kWh to 13.28 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Richmond in January 2025 averaged 9.83 dollars per thousand cubic feet ($/Mcf), which was approximately 20% less than the national average rate of 12.34 $/Mcf (January 2025). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Richmond natural gas prices against U.S. average prices. Compare Richmond natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Richmond (Kentucky) increased approximately 0%, from 11.58 $/Mcf (December 2023) to 11.58 $/Mcf (December 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The city of Richmond (Kentucky) has an average annual solar radiation value of 4.91 kilowatt hours per square meter per day (kWh/m2/day). Compare Richmond 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 Richmond solar radiation levels against other areas in the U.S. Compare Richmond 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.
Read More
The city of Richmond, KY in Madison County has an approximate population of 31,364. [4]
To learn more about utility rates & usage in Richmond, KY, or for other information related to utilities in Richmond, visit the U.S. Energy Information Administration.
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