Electricity rates in 40923 — Cannon, KY
Homes in ZIP 40923 pay about 12.9¢ per kWh (Cumberland Valley Electric, Inc., 2024 average). The Kentucky average is 13.8¢ and the U.S. average 18.2¢ (Aug 2026).
What a month of electricity costs
Monthly cost at the average price of 12.9¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.
Where ZIP 40923 is
Outlined: ZIP code area · scroll or pinch to zoomUtilities serving 40923
| Utility | Home price | Avg. bill | Customers in KY |
|---|---|---|---|
| Cumberland Valley Electric, Inc. Cooperative | 12.9¢ 2024 | $140 | 22,478 |
| Kentucky Utilities Co. Investor Owned · serves Knox County | 13.2¢ Jan–Aug 2026 | $130 | 450,673 |
| Barbourville Utility Comm Municipal · serves Knox County | 10.2¢ 2024 | $169 | 4,237 |
| Corbin City Utilities Comm Municipal · serves Knox County | 11.1¢ 2024 | $149 | 4,224 |
Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Knox County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.
Kentucky price trend
Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East South Central region, which includes Alabama, Kentucky, Mississippi, Tennessee.
Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.
Questions about 40923
How much does electricity cost in 40923?
About 12.9¢ per kWh for homes (Cumberland Valley Electric, Inc., 2024 average, EIA). At 900 kWh a month that is roughly $116.
Who is the electric utility for 40923?
Cumberland Valley Electric, Inc., with about 22,478 residential customers in Kentucky; 3 other utilities also serve parts of the area.
Is electricity in KY getting more expensive?
The Kentucky residential average was 13.8¢ per kWh in August 2026, up 5.3% from a year earlier; the U.S. average was 18.2¢.