Electricity rates — City of Memphis, Tennessee (Utility Company)
A household served by City of Memphis, Tennessee (Utility Company) using 1,000 kWh a month pays about $1,793.44 a year on the cheapest of 2 generally available plans — RS Time-of-Use Residential Rate from City of Memphis, Tennessee (Utility Company), in effect since March 2026. Rates checked September 23, 2026.
Every priced 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 | $1,793.44 | — | 14.9¢ |
| RS Standard Residential Ratepriced by season · tiered · in effect since March 2026 | $1,901.24 | +$107.80 | 15.8¢ |
Cost across usage levels
The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.
- 500 kWh/mo — cheapest $987.31 (RS Time-of-Use Residential Rate), dearest $1,043.41, a $56.10 spread
- 1,000 kWh/mo — cheapest $1,793.44 (RS Time-of-Use Residential Rate), dearest $1,901.24, a $107.80 spread
- 2,000 kWh/mo — cheapest $3,405.66 (RS Time-of-Use Residential Rate), dearest $3,613.55, a $207.89 spread
What a typical bill costs
At 1,000 kWh a month the 2 generally available plans here run from $1,793.44 on RS Time-of-Use Residential Rate to $1,901.24 on RS Standard Residential Rate, with a median of $1,847.34.
Effective rates, bill divided by kilowatt-hours, span 14.9¢ to 15.8¢ per kWh at that usage.
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 15.2¢ 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 | 15.2¢ |
City of Memphis - (TN) in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How it compares
Among the 109 utilities indexed, City of Memphis, Tennessee (Utility Company)'s cheapest open plan is the 42nd-highest, 9% more than their median of $1,649.16. It sits between Progress Energy Florida Inc ($1,793.20) and Northern States Power Co - Wisconsin ($1,812.16).
In Tennessee it is the 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 51 utilities whose plans step, that is the 2nd-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 $156.23 in its cheapest.
In the guides: The price that changes once the meter passes a line · The price that changes with the month
How the answer changes with usage
RS Time-of-Use Residential Rate is cheapest at every level tested — $987.31 a year at 500 kWh a month, $3,405.66 at 2,000 kWh.
The penalty for a poor choice grows with usage: $56.10 a year at 500 kWh against $207.89 at 2,000 kWh.
How these 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.
Who provides these plans
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.
The largest saving available here
Moving from RS Standard Residential Rate to RS Time-of-Use Residential Rate saves $107.80 a year at 1,000 kWh a month, with no change in consumption.
What this does not cover
One of these plans prices by the hour, so its figure is marked lower confidence.
New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.
Estimate — your actual bill may differ.
Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 23, 2026.