Electricity rates — City of Memphis, Tennessee (Utility Company)
City of Memphis, Tennessee (Utility Company)'s customers paid 12.2¢ per kWh in 2024, riders included (EIA-861): about $138 a month for 1,139 kWh. RS Time-of-Use Residential Rate, the lowest of 2 open plans at 1,000 kWh a month, comes to $1,826 a year, at the typical hour-by-hour use of homes in Tennessee. Schedule retrieved October 8, 2026.
Every priced City of Memphis, Tennessee (Utility Company) plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| RS Time-of-Use Residential Rate✓ cheapesttime-of-use · in effect since March 2026 | $1,826.45 | — | 15.2¢ |
| RS Standard Residential Ratepriced by season · tiered · in effect since March 2026 | $1,898.46 | +$72.01 | 15.8¢ |
Price City of Memphis, Tennessee (Utility Company)’s plans at your own usage
The cheapest City of Memphis, Tennessee (Utility Company) plan at each level of use
- 500 kWh/mo — cheapest $1,003.83 (RS Time-of-Use Residential Rate), dearest $1,043.37, a $39.54 spread
- 1,000 kWh/mo — cheapest $1,826.45 (RS Time-of-Use Residential Rate), dearest $1,898.46, a $72.01 spread
- 2,000 kWh/mo — cheapest $3,471.70 (RS Time-of-Use Residential Rate), dearest $3,608.66, a $136.96 spread
What City of Memphis, Tennessee (Utility Company)'s customers were billed in 2024
City of Memphis, Tennessee (Utility Company)'s open plans and its customers' bills disagree by more than a quarter: at 1,139 kWh a month, the median plan is 15.3¢ per kWh against 12.2¢ billed in 2024. Before relying on a plan price here, test it against a real City of Memphis, Tennessee (Utility Company) bill in the bill analyzer.
| Ownership, as EIA classes it | Municipal |
|---|---|
| Full-service homes in Tennessee | 380,286 |
| Share of Tennessee's households | 12% |
| Average use per home | 1,139 kWh a month |
| Average bill per home | $138.50 a month |
| Billed per kWh, riders included | 12.2¢ |
| Median open plan here, at that use | 15.3¢ |
City of Memphis - (TN) in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How the RS Standard Residential Rate bill at 1,000 kWh has moved since 2025
City of Memphis, Tennessee (Utility Company)'s RS Standard Residential Rate cost $131.93 a month under its March 2025 version and costs $158.21 under its March 2026 one, 20% more.
In the guides: Why electricity rates change
How it compares
Among the 100 utilities indexed, City of Memphis, Tennessee (Utility Company)'s cheapest open plan is the 47th-lowest, 3% less than their median of $1,877.14. It sits between Progress Energy Florida Inc ($1,823.34) and Nashville Electric Service ($1,850.36).
In Tennessee it is the 2nd-dearest of the 3 utilities indexed; Middle Tennessee E M C starts lowest, at $1,680.72.
RS Standard Residential Rate is tiered: past 500 kWh a month, each kWh costs 0.1¢ less. Of the 47 utilities whose plans step, that is the 3rd-smallest step.
RS Standard Residential Rate changes price with the season: a kWh costs 0.7¢ more in June to September than in April, May, October, and November, and the same 1,000 kWh is billed $160.74 in its dearest month against $155.97 in its cheapest.
In the guides: The price that changes once the meter passes a line · The price that changes with the month
How City of Memphis, Tennessee (Utility Company)'s plans are structured
Of 2 priceable plans: 1 tiered, 1 time-of-use, 1 priced by season.
Every plan carries a $15.10 fixed monthly charge.
City of Memphis, Tennessee (Utility Company)'s published schedules
EIA-861 lists City of Memphis, Tennessee (Utility Company) serving homes in Tennessee and in no other state, which is how its plans are placed there. 2 of its 2 published residential schedules can be priced.
When City of Memphis, Tennessee (Utility Company)'s time-of-use plans charge most
RS Time-of-Use Residential Rate charges 22.5¢ a kWh weekdays 1 pm to 7 pm, June to September, against 12.6¢ in its cheapest hours; those dearest hours are 6% of the year. Homes in Tennessee typically put 8% of their electricity in them (NREL ResStock).
In the guides: Time-of-use plans, hour by hour