Tennessee Electricity Rates and Average Bill

Data through April 2026 (the latest month EIA has published) · Updated July 05, 2026

As of April 2026, the average residential electricity rate in Tennessee is 14.94¢/kWh (the 15th-lowest in the U.S.) and the average monthly bill is $137.02, per EIA data. That rate is 3.9¢ below the U.S. average of 18.83¢/kWh.

Average rate
14.94¢/kWh
+7.4% year over year
Average bill
$137.02
+8.1% year over year
Average usage
917 kWh/mo
vs 678 U.S. average
Rate rank
#15
of 51 (1 = lowest rate)

Rate trend, last three years

View this chart as a table (last 12 months)
MonthRate (¢/kWh)Avg bill ($/mo)Avg usage (kWh/mo)
May 202513.73126.65923
June 202513.82157.441139
July 202513.21207.251569
August 202513.02204.361569
September 202513.29161.151213
October 202513.06129.12989
November 202513.47120.45894
December 202512.87161.581256
January 202613.1179.441370
February 202612.82205.41602
March 202615.08148.68986
April 202614.94137.02917

Tennessee vs the U.S. average

TennesseeU.S. average
Rate (April 2026)14.94¢/kWh18.83¢/kWh
Average monthly bill$137.02$127.71
Average monthly usage917 kWh678 kWh
Rate change, 1 year+7.4%+7.3%
Rate change, 5 years+29.8%+37.1%

Tennessee's average residential rate of 14.94¢/kWh for April 2026 ranks 15th of 51 (1 = lowest). Over the past year the rate moved +7.4% (Tennessee) versus +7.3% nationally; over five years, +29.8% versus +37.1% nationally. Average usage of 917 kWh/month compares with 678 kWh nationally, which is why the bill and rate ranks can differ.

Largest utilities in Tennessee

Average effective rates and bills for Tennessee's largest utilities, from EIA Form 861-M (April 2026). Or find yours by ZIP code.

UtilityRate (¢/kWh)Avg bill ($/mo)Residential customers
Nashville Electric Service 15.66126.51430,014
City of Memphis - (TN) 15.2127.97386,000
Middle Tennessee E M C 14.12135.24317,623
Knoxville Utilities Board 16.18130.88199,165
City of Chattanooga - (TN) 14.39122.47167,324
Volunteer Electric Coop 15.87143.31106,420
Cumberland Elec Member Corp 15.57165.75103,132
City of Clarksville - (TN) 15.55135.9879,343
Johnson City - (TN) 15.34138.2173,903
Duck River Elec Member Corp 15.92162.9972,875

Estimate a bill at Tennessee rates

1,000 kWh × 14.94¢ ≈ $149.40

Worked example: 1,000 kWh at Tennessee's average rate of 14.94¢/kWh is about $149.40. The state's actual average usage is 917 kWh/month, which is what produces the $137.02 average bill. These are average effective rates including all charges; your utility's tariff will differ.

Wondering what's behind rising rates nationally? See Why is my electric bill so high?, our data-led explainer on demand growth, data centers, and grid costs.

Source: EIA retail sales data (residential sector, monthly), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. We do not project unpublished months. See methodology.