Tennessee benefits from TVA (Tennessee Valley Authority) power, resulting in some of the lowest electricity rates in the nation. Nashville Electric Service and Memphis Light Gas & Water are the major municipal utilities.
Avg. Rate
11.0¢/kWh
Utilities
2 Providers
Tennessee rates are well below the national average thanks to TVA hydropower and nuclear generation.
TVA power keeps Tennessee electricity rates among the lowest in the nation
Hot, humid summers mean significant cooling costs
Municipal utilities often offer energy efficiency programs
Many older Tennessee homes benefit from weatherization upgrades