Electricity Rates in Tennessee
Electricity Rates, Plans & Statistics
- The average electricity bill in Tennessee is $147.36
- The average electricity rate in Tennessee is 12.45¢
Electric Bills and Electric Rates in Tennessee
The average residential electric bill in Tennessee is $147.36 per month. Tennessee is the 36th most expensive state in the country for electricity.
To save on your monthly electricity bill consider switching electricity providers.
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Electricity Companies & Statistics in Tennessee
- Population see rank7,051,339
- Total Production see rank77,470,866 MWh / 10.99 MWh per capita
- Total Consumption see rank102,329,046 MWh / 14.51 MWh per capita
- Total Production from Renewable see rank8,828,889 MWh / 1.25 MWh per capita
- CO2 Emissions from Consumption see rank32,296,300,248 kg / 4,580.17 kg per capita
- Total Production from Non-Renewable see rank68,641,977 MWh / 9.73 MWh per capita
Average Residential Electricity Bills & Rates in Tennessee
Tennessee residential electric rates are highest in August and the highest average bill is in August.
Historical Electricity Rates:
Tennessee Electricity Fuel Mix
Tennessee's Electricity Prices and Usage
The average residential electricity rate in Tennessee in 2024 is 12.45 cents per kilowatt hour, which is 24.10% less than the national average rate of 16.40 cents.. While there are 84 electricity providers who operate in Tennessee, the electricity market is regulated and residents only have one or two supplier choices determined by their home address. Producing 10.99 megawatt hours per citizen, Tennessee ranks as the 35th highest per capita producer of electricity in the US. There is a deficiency of 24858179.914000005 megawatt hours in the state due to the fact that citizens are using 32.09% more electricity than is produced. This leads to the necessity to import extra megawatt hours from outside of the state. Over the last 12 months, Tennessee has seen a 2.97% decline in the use of renewable fuels for electricity production. Customers in Tennessee deal with 1.88 electrical outages a year with outages lasting an average of 156.72 minutes.
Residential Electricity Providers in Tennessee
Provider | Service Type | Residential Rate (¢) | Residential Rate State Rank | Residential Average Bill ($) | Residential Average Bill State Rank | Residential Sales (MWh) | Residential Sales State Rank | Residential Revenues ($) | Residential Revenues State Rank | State Production (MWh) | State Production Rank |
---|---|---|---|---|---|---|---|---|---|---|---|
Memphis Light, Gas and Water | BUNDLED | 11.99 | 25 | 138.21 | 23 | 5,245,926.37 | 1 | 628,848,781 | 2 | 4 | |
Nashville Electric Service | BUNDLED | 13.36 | 68 | 137.27 | 18 | 5,076,088 | 2 | 678,308,000 | 1 | 2,627 | 1 |
Middle Tennessee Electric | BUNDLED | 11.64 | 8 | 148.13 | 43 | 4,607,342 | 3 | 536,484,000 | 3 | 4 | |
Knoxville Utilities Board | BUNDLED | 12.34 | 34 | 135.55 | 15 | 2,529,562 | 4 | 312,193,000 | 4 | 4 | |
EPB Chattanooga | BUNDLED | 12.23 | 29 | 136.72 | 17 | 2,174,721 | 5 | 266,006,000 | 5 | 4 | |
Cumberland Electric | BUNDLED | 12.75 | 53 | 177.16 | 80 | 1,648,547 | 6 | 210,216,000 | 6 | 4 | |
Volunteer Electric Cooperative | BUNDLED | 11.98 | 24 | 141.85 | 27 | 1,472,769 | 7 | 176,417,000 | 7 | 4 | |
Duck River Electric | BUNDLED | 12.26 | 30 | 167.36 | 70 | 1,157,160 | 8 | 141,839,000 | 8 | 4 | |
CDE Lightband | BUNDLED | 12.50 | 41 | 140.81 | 26 | 1,009,344 | 9 | 126,142,000 | 9 | 4 | |
BrightRidge | BUNDLED | 12.30 | 33 | 142.22 | 29 | 994,655 | 10 | 122,380,000 | 10 | 4 | |
Lenoir City Utilities Board | BUNDLED | 11.81 | 16 | 145.76 | 39 | 906,636 | 11 | 107,110,000 | 11 | 4 | |
Southwest Tennessee Electric Membership Corporation | BUNDLED | 12.74 | 52 | 165.15 | 65 | 678,090 | 12 | 86,412,000 | 12 | 4 | |
Upper Cumberland Electric Membership Corporation | BUNDLED | 12.57 | 46 | 148.76 | 45 | 640,938 | 13 | 80,576,000 | 15 | 4 | |
Appalachian Electric Cooperative | BUNDLED | 12.80 | 55 | 157.29 | 52 | 639,027 | 14 | 81,820,000 | 14 | 4 | |
Kingsport Power | BUNDLED | 12.98 | 60 | 159.2 | 55 | 634,372.06 | 15 | 82,324,302 | 13 | 4 | |
Sevier County Electric | BUNDLED | 11.81 | 15 | 144.87 | 35 | 499,798.81 | 16 | 59,040,124.83 | 19 | 4 | |
Fort Loudoun Electric | BUNDLED | 12.65 | 48 | 179.46 | 83 | 493,315.81 | 17 | 62,427,700.96 | 17 | 4 | |
Greeneville Light and Power | BUNDLED | 11.75 | 12 | 142.37 | 30 | 469,686 | 18 | 55,205,000 | 23 | 4 | |
Sequachee Valley Electric Cooperative | BUNDLED | 13.51 | 71 | 166.18 | 67 | 464,983.12 | 19 | 62,809,030.94 | 16 | 4 | |
Dickson, Tennessee Electric Utility | BUNDLED | 12.12 | 28 | 158.72 | 54 | 461,443.29 | 20 | 55,930,293.51 | 21 | 4 |
Commercial Electricity Providers in Tennessee
Provider | Service Type | Commercial Rate (¢) | Commercial Rate Rank | Commercial Average Bill ($) | Commercial Average Bill State Rank | Commercial Sales (MWh) | Commercial Sales State Rank | Commercial Revenues ($) | Commercial Revenues State Rank | State Production (MWh) | State Production Rank |
---|---|---|---|---|---|---|---|---|---|---|---|
Memphis Light, Gas and Water | BUNDLED | 11.79 | 21 | 1,410.6 | 84 | 6,168,799.93 | 1 | 727,133,548 | 1 | 4 | |
Nashville Electric Service | BUNDLED | 11.93 | 26 | 1,315.93 | 82 | 6,031,586 | 2 | 719,542,000 | 2 | 2,627 | 1 |
Middle Tennessee Electric | BUNDLED | 11.34 | 9 | 819.85 | 77 | 3,145,566 | 3 | 356,592,000 | 3 | 4 | |
Knoxville Utilities Board | BUNDLED | 11.71 | 16 | 889.94 | 79 | 2,315,898 | 4 | 271,138,000 | 4 | 4 | |
EPB Chattanooga | BUNDLED | 11.77 | 19 | 847.77 | 78 | 2,126,025 | 5 | 250,260,000 | 5 | 4 | |
Sevier County Electric | BUNDLED | 11.88 | 24 | 397.19 | 29 | 1,044,939.41 | 6 | 124,137,125.65 | 6 | 4 | |
Lenoir City Utilities Board | BUNDLED | 11.59 | 12 | 495.85 | 47 | 740,843 | 7 | 85,856,000 | 7 | 4 | |
BrightRidge | BUNDLED | 11.27 | 6 | 578.54 | 57 | 728,780 | 8 | 82,100,000 | 8 | 4 | |
Volunteer Electric Cooperative | BUNDLED | 12.48 | 41 | 277.05 | 6 | 621,441 | 9 | 77,559,000 | 9 | 4 | |
CDE Lightband | BUNDLED | 11.94 | 27 | 614.2 | 60 | 572,130 | 10 | 68,327,000 | 12 | 4 | |
Cumberland Electric | BUNDLED | 12.80 | 48 | 509.69 | 49 | 564,297 | 11 | 72,247,000 | 10 | 4 | |
Jackson Energy Authority | BUNDLED | 11.75 | 18 | 797.15 | 74 | 545,491.74 | 12 | 64,104,288.14 | 13 | 4 | |
Duck River Electric | BUNDLED | 13.09 | 56 | 421.23 | 32 | 524,018 | 13 | 68,574,000 | 11 | 4 | |
Kingsport Power | BUNDLED | 13.87 | 68 | 725.31 | 68 | 384,551.9 | 14 | 53,356,098 | 14 | 4 | |
Cleveland Utilities | BUNDLED | 11.72 | 17 | 732.66 | 69 | 373,949 | 15 | 43,837,000 | 15 | 4 | |
Columbia Power System | BUNDLED | 11.66 | 15 | 653.55 | 64 | 339,161.3 | 16 | 39,543,509.22 | 16 | 4 | |
Cookeville Electric | BUNDLED | 11.23 | 4 | 797.49 | 75 | 316,532.75 | 17 | 35,556,295.51 | 21 | 4 | |
Oak Ridge Utilities | BUNDLED | 11.92 | 25 | 1,385.91 | 83 | 312,074 | 18 | 37,187,995.64 | 18 | 4 | |
Bristol TN Electric | BUNDLED | 12.05 | 31 | 640.67 | 62 | 308,713 | 19 | 37,205,000 | 17 | 4 | |
Gallatin Electric | BUNDLED | 10.51 | 1 | 785.4 | 72 | 307,129.72 | 20 | 32,281,455.66 | 25 | 4 |
Power Plants in Tennessee
Plant | City/County | Primary Fuel Type | Production (MWh) | Emission (KG) | Emissions/MWh (KG/MWh) | Toxic Chemical Release | Closing Date |
---|---|---|---|---|---|---|---|
Watts Bar Nuclear PlantTennessee Valley Authority (100.00%) | Rhea County | Nuclear | 19,128,103 | ||||
Hamilton County | Nuclear | 16,628,353 | |||||
Cumberland (TN)Tennessee Valley Authority (100.00%) | Cumberland City | Coal | 9,354,326.99 | 8,921,336,887.94 | 953.71 | 12/2028 | |
Memphis | Natural Gas | 6,194,720 | 2,113,686,230.61 | 341.21 | |||
John SevierTennessee Valley Authority (100.00%) | Hawkins County | Natural Gas | 3,965,228 | 1,507,126,215.28 | 380.09 | ||
Gallatin (TN)Tennessee Valley Authority (100.00%) | Sumner County | Coal | 3,735,821.01 | 4,037,327,996.86 | 1,080.71 | 12/2031 | |
Lagoon CreekTennessee Valley Authority (100.00%) | Haywood County | Natural Gas | 3,436,322 | 1,292,748,747.12 | 376.2 | ||
Roane County | Coal | 3,254,662.04 | 3,830,860,634.67 | 1,177.04 | 12/2027 | ||
Pickwick Landing DamTennessee Valley Authority (100.00%) | Hardin County | Conventional Hydroelectric | 1,121,157 | ||||
Tennessee Eastman OperationsEastman Chemical Company (100.00%) | Kingsport | Natural Gas | 1,117,656 | 423,718,998.26 | 379.11 | ||
Watts Bar HydroTennessee Valley Authority (100.00%) | Rhea County | Conventional Hydroelectric | 812,422 | ||||
Anderson County | Coal | 755,288.01 | 791,670,056.02 | 1,048.17 | 9/2023 | ||
JohnsonvilleTennessee Valley Authority (100.00%) | New Johnsonville | Natural Gas | 733,162.01 | 539,582,599.88 | 735.97 | ||
Fort LoudounTennessee Valley Authority (100.00%) | Loudon County | Conventional Hydroelectric | 676,508 | ||||
ChickamaugaTennessee Valley Authority (100.00%) | Chattanooga | Conventional Hydroelectric | 657,325 | ||||
CalderwoodBrookfield Renewable Partners (100.00%) | Blount County | Conventional Hydroelectric | 521,591 | ||||
NickajackTennessee Valley Authority (100.00%) | New Hope | Conventional Hydroelectric | 509,619 | ||||
Conventional Hydroelectric | 447,789 | ||||||
Packaging Corp of AmericaPackaging Corp of America (100.00%) | Hardin County | Black Liquour | 410,759.68 | 180,081,567.09 | 438.41 | ||
Primient Loudon PlantTate and Lyle Ingredients, LLC (100.00%) | Loudon | Natural Gas | 402,441 | 242,079,193.02 | 601.53 |
There are 2 Nuclear Power Plants in Tennessee
Plant | City/County | Primary Fuel Type | Production (MWh) | Emission (KG) | Emissions/MWh (KG/MWh) | Toxic Chemical Release | Closing Date |
---|---|---|---|---|---|---|---|
Watts Bar Nuclear PlantTennessee Valley Authority (100.00%) | Rhea County | Nuclear | 19,128,103 | ||||
Hamilton County | Nuclear | 16,628,353 |
Quick Facts
Residents of Tennessee consume enough electricity to emit 4,580.17 kilograms per person of CO2 gases per year, compared to the nationwide average of 4,111.98.
At $147.36, the average monthly residential electric bill in Tennessee is 3.90% higher than the US average.
Tennessee averages 0 megawatt hours produced from wind per person, which is 40th highest in the United States.
Tennessee ranks 18th worst in the country for total production of electricity from non-renewable sources, with 68,641,976.97 of the state's 77,470,866.36 megawatt hours coming from those fuels.
As the 26th highest generator of solar energy in the US, Tennessee produces 1,080,984.39 megawatt hours.
Throughout the past 12 months, Tennessee has had a 1.09% growth in total population.
FAQ: Common Questions About Electricity in Tennessee
How much does electricity cost in Tennessee?
Anything below the Tennessee average of 12.45 cents per kilowatt hour is a good electricity rate. The rates in the state range from 10.63 cents to 15.45 cents per kilowatt hour, with Bristol TN Electric currently having the lowest rates.
Does Tennessee have a deregulated electricity market?
Tennessee has a regulated electricity market, rather than a deregulated market. This means that citizens in the state normally have only one or two electricity provider options to choose from due to state legislation.
Where does Tennessee get its electricity?
Nuclear is the primary fuel source used for electricity generation in Tennessee, making up 46.15% of production. Coal and Natural Gas also make up 21.53% and 20.78% respectively.
How many electric companies offer service in Tennessee?
There are 84 electricity companies serving consumers in Tennessee.
What electricity companies are in Tennessee?
State Customers Rank | Provider | State Customers |
---|---|---|
1 | Nashville Electric Service | 457,400 |
2 | Memphis Light, Gas and Water | 422,198 |
3 | Middle Tennessee Electric | 338,089 |
4 | Knoxville Utilities Board | 217,345 |
5 | EPB Chattanooga | 186,796 |
6 | Volunteer Electric Cooperative | 126,985 |
7 | Cumberland Electric | 110,725 |
8 | Duck River Electric | 84,208 |
9 | CDE Lightband | 83,924 |
10 | BrightRidge | 83,543 |
What is the average electric bill in Tennessee?
The average electricity bill in the state of Tennessee in 2024 is $147 while the national average is $142.
Which electricity company is the largest provider in Tennessee?
By total revenue, Memphis Light, Gas and Water is the largest electricity company in Tennessee.
How many power plants are located within Tennessee?
Tennessee is home to 83 active electricity plants generating electricity for the state.
What is the cheapest electricity company in Tennessee?
Residential Rate Rank | Provider | Residential Rate (¢) | State Customers |
---|---|---|---|
1 | Bristol TN Electric | 10.63 | 34,327 |
2 | New Bern Electric | 10.95 | 1,781 |
3 | Chickasaw Electric Cooperative | 11.45 | 21,931 |
4 | Tullahoma Utilities | 11.60 | 10,817 |
5 | Springfield TN Electric | 11.61 | 8,661 |
6 | Maryville Electric | 11.62 | 22,196 |
7 | Covington, Tennessee Electric Utility | 11.62 | 4,482 |
8 | Middle Tennessee Electric | 11.64 | 338,089 |
9 | Weakley County Municipal Electric System | 11.65 | 20,084 |
10 | Brownsville Utility | 11.69 | 5,229 |