Utility Check
Regulated Market

Tennessee Electricity Rates

Compare rates from 3 utilities serving Tennessee. Find the best rates and learn how to save on your electricity bill.

Avg. Rate

11.5¢/kWh

Lowest Rate

11.2¢/kWh

Highest Rate

11.8¢/kWh

Customers

1K

Tennessee Utilities
3 utilities ranked by average electricity rate
1

Memphis Light, Gas & Water

Lowest Rate

430,000 customers

TVA PowerBudget BillingGas & Water Service

11.2¢/kWh

+1.2% YoY
30% below

national avg

Service Areas:

Memphis
2

Knoxville Utilities Board

200,000 customers

TVA PowerBudget BillingGas & Water Service

11.5¢/kWh

+1.8% YoY
28% below

national avg

Service Areas:

Knoxville
3

Nashville Electric Service

400,000 customers

TVA PowerBudget BillingEnergy Efficiency

11.8¢/kWh

+1.5% YoY
26% below

national avg

Service Areas:

Nashville
Market Overview

Tennessee benefits from some of the lowest electricity rates in the nation thanks to the Tennessee Valley Authority (TVA), a federal corporation that provides wholesale power to local utilities. TVA's mix of hydroelectric, nuclear, and natural gas generation keeps costs low.

Money-Saving Tips
  • •Take advantage of TVA's EnergyRight programs for efficiency upgrades
  • •Budget billing helps manage seasonal variations
  • •Green Power Switch lets you support renewable energy
  • •Check for local utility rebates on heat pumps and insulation
Assistance Programs
  • 1TVA EnergyRight
  • 2Low Income Home Energy Assistance

Verify Your Bill

Upload your Tennessee utility bill for a detailed rate analysis and personalized savings recommendations.

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