City of Memphis - (TN) Rates: Average Bill & Price per kWh
Residential rates for City of Memphis - (TN) and how they compare to the Tennessee average — 2024 EIA-861 annual data.
Residential customers of City of Memphis - (TN) average $138.50/month at 12.16¢/kWh — below the Tennessee average of $168.28.
Where City of Memphis - (TN) rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 10.03¢/kWh | $120.54/mo | 371,771 |
| 2020 | 10.02¢/kWh | $113.58/mo | 375,626 |
| 2021 | 10.6¢/kWh | $122.71/mo | 378,516 |
| 2022 | 11.97¢/kWh | $140.34/mo | 376,067 |
| 2023 | 11.56¢/kWh | $131.55/mo | 372,070 |
| 2024 | 12.16¢/kWh | $138.50/mo | 380,286 |
Rate context in Tennessee
Statewide residential price trend (12 months) — context for City of Memphis - (TN)'s 2024 annual figure.
City of Memphis - (TN) vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | City of Memphis - (TN) | Tennessee (latest month) |
|---|---|---|
| Avg bill | $138.50/mo | $168.28/mo |
| Rate | 12.16¢/kWh | 14.07¢/kWh |
Cities served by City of Memphis - (TN)
Common questions
How much is the average electric bill with City of Memphis - (TN)?
City of Memphis - (TN) residential customers averaged $138.50 per month in 2024 (EIA-861 annual data) — about $1,661.98 per year.
What does City of Memphis - (TN) charge per kWh?
City of Memphis - (TN) averaged 12.16¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does City of Memphis - (TN) compare to the Tennessee average?
City of Memphis - (TN) bills average $138.50 — lower than the Tennessee average of $168.28 (latest EIA month).
How many customers does City of Memphis - (TN) serve?
City of Memphis - (TN) served 380,286 residential customers in 2024, per EIA-861 — one of the largest utilities we track in TN.
Data: Form EIA-861, 2024 annual residential figures for City of Memphis - (TN). Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.