13.24¢
per kWh, 2025
[ City of Memphis / TN ]
City of Memphis electricity rates in Tennessee
CITY SETS RATES · DATA 2025
change in average rate, 2024→2025
+8.9%
vs 2024
385,015
residential customers
+32.1%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at City of Memphis's average effective residential rate (13.24¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 9.70¢ | — | 366,720 |
| 2016 | 9.50¢ | −2.1% | 366,265 |
| 2017 | 9.72¢ | +2.3% | 370,693 |
| 2018 | 9.66¢ | −0.6% | 372,520 |
| 2019 | 10.03¢ | +3.8% | 371,771 |
| 2020 | 10.02¢ | −0.1% | 375,626 |
| 2021 | 10.60¢ | +5.8% | 378,516 |
| 2022 | 11.97¢ | +12.9% | 376,067 |
| 2023 | 11.56¢ | −3.4% | 372,070 |
| 2024 | 12.16¢ | +5.2% | 380,286 |
| 2025 | 13.24¢ | +8.9% | 385,015 |
How this compares
13.22¢
Tennessee average, 2025
+0.1%
City of Memphis vs TN 2025 average
−23.2%
vs US 2025 average
#36
priciest in TN
Serves 1 county in Tennessee: Shelby. 83 ZIP codes.
What the numbers show
Since 2015, City of Memphis's average residential rate has gone from 9.70¢ to 13.24¢ per kWh: +36.5% over 10 years, or about +3.2% a year. It rose in 6 of the 10 years we can compare, and the biggest one-year increase was +12.9% in 2022. The largest drop was −3.4% in 2023.
For a home using 1,180 kWh a month, the Tennessee average, City of Memphis's 2025 rate works out to about $1,875 a year, about the same as the same home would pay at Tennessee's average rate of 13.22¢. Of the 87 Tennessee utilities in our data with a 2025 price, it is the 36th most expensive.
City of Memphis served 366,720 homes in 2015 and 385,015 in 2025 (+5.0%), about 12% of Tennessee's residential electricity customers.
Who sets City of Memphis's rates
City of Memphis is a municipal utility owned by the local government. The city council or a local utility board sets its rates, usually after a public meeting, and the Tennessee Public Utility Commission generally does not.
Commission contact: Tennessee Public Utility Commission. How we calculate every figure on this page: methodology.
Questions
Is City of Memphis raising rates in 2026?
City of Memphis's rates are set by the city council or a local utility board, not through a rate case at the Tennessee Public Utility Commission, so check its own notices for a change this year. Its average residential rate moved +8.9% from 2024 to 2025.
What does City of Memphis charge per kWh?
City of Memphis's average effective residential rate was 13.24¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Tennessee's 2025 average was 13.22¢.
How much have City of Memphis rates gone up in five years?
+32.1% between 2020 and 2025, against +22.7% for Tennessee as a whole over the latest five-year window.
How many customers does City of Memphis have in Tennessee?
385,015 residential customers in 2025, across 1 county including Shelby, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)