City of Memphis Electricity Rates and Average Bill (Tennessee)
Data through July 2026 (the latest month EIA has published) · Updated October 13, 2026
As of July 2026, City of Memphis's residential customers in Tennessee paid an average effective rate of 13.99¢/kWh with an average monthly bill of $241.49, per EIA Form 861-M data. That rate is 0.3¢ above the Tennessee average of 13.71¢/kWh; the U.S. average is 18.31¢/kWh.
Rate trend vs the Tennessee average
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| 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 | 157.30 | 1131 |
| March 2026 | 16.10 | 122.94 | 764 |
| April 2026 | 15.20 | 127.97 | 842 |
| May 2026 | 14.41 | 121.61 | 844 |
| June 2026 | 14.18 | 186.61 | 1316 |
| July 2026 | 13.99 | 241.49 | 1726 |
City of Memphis vs Tennessee vs the U.S.
| City of Memphis | Tennessee | U.S. average | |
|---|---|---|---|
| Rate (July 2026) | 13.99¢/kWh | 13.71¢/kWh | 18.31¢/kWh |
| Average monthly bill | $241.49 | $204.74 | $212.44 |
| Average monthly usage | 1726 kWh | 1494 kWh | 1160 kWh |
| Rate change, 1 year | +5.3% | +3.8% | +4.9% |
Estimate a bill at City of Memphis rates
Worked example: 1,000 kWh at City of Memphis's average effective rate of 13.99¢/kWh is about $139.90. The utility's actual average usage is 1726 kWh/month, which produces the $241.49 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.