Nashville Electric Service Electricity Rates and Average Bill (Tennessee)

Data through May 2026 (the latest month EIA has published) · Updated August 14, 2026

As of May 2026, Nashville Electric Service's residential customers in Tennessee paid an average effective rate of 15.10¢/kWh with an average monthly bill of $115.25, per EIA Form 861-M data. That rate is 0.6¢ above the Tennessee average of 14.47¢/kWh; the U.S. average is 18.44¢/kWh.

Average rate
15.10¢/kWh
+2.9% year over year
Average bill
$115.25
+0.3% year over year
Average usage
763 kWh/mo
vs 896 TN average
Residential customers
432,232
Municipal

Rate trend vs the Tennessee average

View this chart as a table (last 12 months)
MonthRate (¢/kWh)Avg bill ($/mo)Avg usage (kWh/mo)
June 202514.87138.28930
July 202514.00182.161301
August 202513.85185.561339
September 202514.11148.441052
October 202513.80118.33857
November 202514.34106.06740
December 202513.50146.431084
January 202613.38168.211257
February 202613.37180.211347
March 202616.16132.93823
April 202615.66126.51808
May 202615.10115.25763

Nashville Electric Service vs Tennessee vs the U.S.

Nashville Electric ServiceTennesseeU.S. average
Rate (May 2026)15.10¢/kWh14.47¢/kWh18.44¢/kWh
Average monthly bill$115.25$129.59$135.70
Average monthly usage763 kWh896 kWh736 kWh
Rate change, 1 year+2.9%+5.4%+6.2%

Estimate a bill at Nashville Electric Service rates

1,000 kWh × 15.10¢ ≈ $151.00

Worked example: 1,000 kWh at Nashville Electric Service's average effective rate of 15.10¢/kWh is about $151.00. The utility's actual average usage is 763 kWh/month, which produces the $115.25 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.