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Comprehensive Local Electricity Guide

Memphis Electricity Rates

Commercial Electricity in Memphis

^ The average commercial electricity rate in Memphis, TN is 10.68¢/kWh.[1]

Residential Electricity in Memphis

^ The average residential electricity rate in Memphis, TN is 9.89¢/kWh.[1]

Industrial Electricity in Memphis

^ The average industrial electricity rate in Memphis, TN is 11.36¢/kWh.[1]

TN Electricity

Memphis, TN Electricity Statistics

Commercial electricity rates in Memphis


  • Commercial Electricity in Memphis
    • The average commercial electricity rate in Memphis is 10.68¢/kWh.[1]
    • This average (commercial) electricity rate in Memphis is 3.59% greater than the Tennessee average rate of 10.31¢/kWh.[2]
    • The average (commercial) electricity rate in Memphis is 5.85% greater than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Memphis


  • Residential Electricity in Memphis
    • The average residential electricity rate in Memphis is 9.89¢/kWh.[1]
    • This average (residential) electricity rate in Memphis is 2.08% less than the Tennessee average rate of 10.1¢/kWh.[2]
    • The average (residential) electricity rate in Memphis is 16.75% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Memphis


  • Industrial Electricity in Memphis
    • The average industrial electricity rate in Memphis is 11.36¢/kWh.[1]
    • This average (industrial) electricity rate in Memphis is 60.45% greater than the Tennessee average rate of 7.08¢/kWh.[2]
    • The average (industrial) electricity rate in Memphis is 70.31% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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Tennessee Electricity Rates & Consumption

Commercial electricity in Tennessee


  • Commercial electricity rates in TN [3]
    • The average commercial electricity rate in Tennessee is 10.31¢/kWh, which ranks 17th in the nation and is 2.18% greater than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in TN [3]
    • Commercial electricity consumption in Tennessee averages 5,028 kWh/month, which ranks 38th in the nation and is 19.4% less than the national average of 6,238 kWh/month.
  • Commercial electricity bills in TN [3]
    • The average monthly commercial electricity bill in Tennessee is $518, which ranks 30th in the nation and is 17.65% less than the national average of $629.
  • electricity Learn more about commercial electricity in Tennessee

Residential electricity in Tennessee


  • Residential electricity rates in Tennessee [3]
    • The average residential electricity rate in Tennessee is 10.1¢/kWh, which ranks 37th in the nation and is
  • Residential electricity consumption in TN [3]
    • Residential electricity consumption in Tennessee averages 1,217 kWh/month, which ranks 2nd in the nation and is 34.77% greater than the national average of 903 kWh/month.
  • Residential electricity bills in TN [3]
    • The average monthly residential electricity bill in Tennessee is $123, which ranks 10th in the nation and is 14.95% greater than the national average of $107 per month.
  • electricity Learn more about residential electricity in Tennessee

Industrial electricity in Tennessee


  • Industrial electricity rates in Tennessee [3]
    • The average industrial electricity rate in Tennessee is 7.08¢/kWh, which ranks 18th in the nation and is 6.15% greater than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in TN [3]
    • Industrial electricity consumption in Tennessee averages 1,212,568 kWh/month, which ranks 2nd in the nation and is 981.12% greater than the national average of 112,158 kWh/month.
  • Industrial electricity bills in TN [3]
    • The average monthly industrial electricity bill in Tennessee is $85,815, which ranks 3rd in the nation and is 1046.8% greater than the national average of $7,483.
  • electricity Learn more about industrial electricity in Tennessee

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Household Income in Memphis, TN

Memphis, TN Income Breakdown [4]


Income Summary for Memphis, TN


    • Household income: The city of Memphis has a median household income of $72,850, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Memphis is approximately 16 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 2.2 percent of Memphis households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in Tennessee is about $123/month, ranking 10th in the U.S. and 14.95% greater than the national average of $107.[5]

Income: Memphis vs. Nation [4]


Additional information about Memphis

About Memphis

Memphis is a city located in Shelby County in the state of Tennessee, and has a population of approximately 646,889.[6]

TN Electricity

More about Memphis utilities

For more information about Memphis electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

Seven southern states (AL, FL, GA, SC, TN, TX & VA) are often in the top ten in electricity consumption due to high cooling demand.

Additional Cities in TN

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

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