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Energy costs in Memphis, TN

Energy prices are published by state, not by city, so the rates and bills below are Tennessee figures and apply to Memphis the same as anywhere else in the state. The solar production is different: that is modelled for Memphis's own coordinates, and it varies a lot within a single state.

Solar at Memphis's coordinates

8,632kWh a year from 6 kW

That is 6% more than the Tennessee average, which is the sort of gap that makes a state figure the wrong one to plan with. At 14.47¢ a kilowatt hour it pays back in about 9.5 years with full net metering.

Electricity · Tennessee

14.47¢

per kWh, statewide

Typical bill · Tennessee

$162

a month, statewide

Air conditioning

$250

a year, statewide

Heating

$927

a season, statewide

Common questions

What is the electricity rate in Memphis?

14.47¢ per kilowatt hour. That is the Tennessee residential average from the EIA — rates are published per state, not per city, so it applies across Memphis and the rest of Tennessee alike.

What is the average electric bill in Memphis?

About $162 a month for a typical Tennessee household. Again this is a state figure: EIA reports revenue and customer counts by state, so a city-level bill would be an invention.

Is solar worth it in Memphis?

A 6 kW system at Memphis's coordinates is modelled at about 8,632 kilowatt hours a year, which pays for itself in roughly 9.5 years at Tennessee electricity prices with full net metering. This one is genuinely local — production is modelled for this point, not the state.

Other cities in Tennessee

Everything for Tennessee

Rates, bills, heating, cooling and solar for the whole state, with the working behind each figure.

Tennessee energy costs

Coordinates from the US Census Bureau place gazetteer. Solar production modelled by NREL PVWatts for those coordinates, south-facing at 20°. Prices from the US Energy Information Administration, residential sector, 2026-05, published per state.