City of Memphis Electricity Rates and Average Bill (Tennessee)
Data through April 2026 (the latest month EIA has published) · Updated July 21, 2026
As of April 2026, City of Memphis's residential customers in Tennessee paid an average effective rate of 15.2¢/kWh with an average monthly bill of $127.97, per EIA Form 861-M data. That rate is 0.3¢ above the Tennessee average of 14.94¢/kWh; the U.S. average is 18.83¢/kWh.
Rate trend vs the Tennessee average
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| May 2025 | 13.43 | 120.51 | 897 |
| June 2025 | 13.68 | 171.3 | 1252 |
| July 2025 | 13.28 | 230.96 | 1740 |
| August 2025 | 13.19 | 230.54 | 1748 |
| September 2025 | 13.14 | 185.88 | 1415 |
| October 2025 | 12.51 | 129.43 | 1035 |
| November 2025 | 13.09 | 96.38 | 736 |
| December 2025 | 12.87 | 127.57 | 991 |
| January 2026 | 13.85 | 145.59 | 1051 |
| February 2026 | 13.91 | 157.3 | 1131 |
| March 2026 | 16.1 | 122.94 | 764 |
| April 2026 | 15.2 | 127.97 | 842 |
City of Memphis vs Tennessee vs the U.S.
| City of Memphis | Tennessee | U.S. average | |
|---|---|---|---|
| Rate (April 2026) | 15.2¢/kWh | 14.94¢/kWh | 18.83¢/kWh |
| Average monthly bill | $127.97 | $137.02 | $127.71 |
| Average monthly usage | 842 kWh | 917 kWh | 678 kWh |
| Rate change, 1 year | +8.4% | +7.4% | +7.3% |
Estimate a bill at City of Memphis rates
Worked example: 1,000 kWh at City of Memphis's average effective rate of 15.2¢/kWh is about $152.00. The utility's actual average usage is 842 kWh/month, which produces the $127.97 average bill. This is an all-in average (energy, delivery, fixed charges, riders); your tariff's marginal price will differ.
See the full Tennessee rate trend, look up another utility by ZIP code, or read why electric bills are rising.
Source: EIA Form 861-M (monthly utility-level sales to ultimate customers, residential), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. Months failing basic sanity screens are excluded. See methodology.