Utility rates in Banks vs. US average
Typical monthly utility bills in Banks
Figures from U.S. Census ACS 5-year estimates, reflecting households that pay utilities separately from rent. In dense urban areas where heat or hot water is often included in rent, these numbers represent the subset of residents who pay directly.
How Banks heats its homes
80% electricity · 20% other fuels
Electric rates in Banks
Residential rates range from 14.3¢ to 16.3¢ per kWh.
Providers include City of Troy - (AL), Dixie Electric Coop - (AL), South Alabama Elec Coop, Inc.
This is 7% below the national average of 16.5¢/kWh.
Internet providers in Banks
Banks has strong broadband coverage.
Availability varies by address. Based on FCC Broadband Data Collection filings.
Electric 3 providers
Water 5 providers
Internet 5 providers
ZIP codes in Banks, AL
Disclaimer: Provider information is sourced from federal databases including HIFLD, EPA SDWIS, FCC Broadband Data, and EIA-861. Utility cost estimates are from the U.S. Census Bureau American Community Survey 5-Year Estimates. Local electric rates are based on 2023 NREL Utility Rate Database data; state and US averages are from EIA Form 861 (2024). Coverage areas are approximate and may not reflect recent changes. Please verify directly with your provider.
Data sources: U.S. Census Bureau, NREL, EIA-861, HIFLD, EPA, FCC. Last updated: May 2026.