Tennessee Electricity Rates & Average Electricity Bills

Electricity Rates in Tennessee

Electricity Rates, Plans & Statistics

Electricity Companies & Statistics in Tennessee

  • Population
    see rank
    7,051,339
  • Total Production
    see rank
    78,728,625 MWh / 11.17 MWh per capita
  • Total Consumption
    see rank
    99,094,188 MWh / 14.05 MWh per capita
  • Total Production from Renewable
    see rank
    10,083,370 MWh / 1.43 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    30,212,723,951 kg / 4,284.68 kg per capita
  • Total Production from Non-Renewable
    see rank
    68,644,337 MWh / 9.73 MWh per capita
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Average Residential Electricity Bills & Rates in Tennessee

Tennessee residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.140/kWh$0.101/kWh$212.21/mo.$98.31/mo.
10th12.28¢Average residential price per kWh in the state of Tennessee
33rd$141.86Average residential monthly electricity bill for Tennessee Residents

Tennessee Electricity Fuel Mix

Tennessee's Electricity Prices and Usage

The average residential electricity rate in Tennessee in 2024 is 12.28 cents per kilowatt hour, which is 23.02% less than the national average rate of 15.95 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 11.17 megawatt hours per citizen, Tennessee ranks as the 30th highest per capita producer of electricity in the US. There is a deficiency of 20365563.127000004 megawatt hours in the state due to the fact that citizens are using 25.87% more electricity than is produced. This leads to the necessity to import extra megawatt hours from outside of the state. Tennessee has had a 1.44% drop in the previous 12 months in the usage of renewable fuels for electricity generation. Customers in the state experience 2.68 power outages on average, with outages lasting about 163.27 minutes. The national averages for these data points are 1.27 outages and 137.24 minutes.

Residential Electricity Providers in Tennessee

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Memphis Light, Gas and WaterBUNDLED11.55132.235,093,136.65588,196,406
Nashville Electric ServiceBUNDLED13.44133.814,783,827642,956,0002,756
Middle Tennessee ElectricBUNDLED11.31137.734,305,758487,035,000
Knoxville Utilities BoardBUNDLED12.29129.672,400,275294,927,000
EPBBUNDLED11.98128.512,055,279246,191,000
Cumberland ElectricBUNDLED12.661691,552,418196,599,000
Volunteer Electric CooperativeBUNDLED11.81133.691,394,011164,693,000
Duck River ElectricBUNDLED12.21159.931,094,424133,606,000
CDE LightbandBUNDLED12.39136.14962,158119,245,000
BrightRidgeBUNDLED12.64140.96948,310119,836,000

Commercial Electricity Providers in Tennessee

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Memphis Light, Gas and WaterBUNDLED11.421,336.455,933,530.52677,884,245
Nashville Electric ServiceBUNDLED12.041,305.035,889,661709,355,0002,756
Middle Tennessee ElectricBUNDLED11.05755.043,061,794338,231,000
Knoxville Utilities BoardBUNDLED11.62874.442,266,617263,308,000
EPBBUNDLED11.62816.772,077,772241,367,000
Sevier County ElectricBUNDLED11.86393.651,024,936121,558,000
Lenoir City Utilities BoardBUNDLED11.56512.04722,29983,510,000
BrightRidgeBUNDLED11.48578.34709,06881,436,000
Volunteer Electric CooperativeBUNDLED12.31272.42598,50373,659,000
CDE LightbandBUNDLED11.95618.19562,19167,173,000

Power Plants in Tennessee

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Hamilton County Nuclear 19,228,494
Rhea County Nuclear 18,705,547
Cumberland City Coal 7,715,201.018,068,648,859.371,045.8112/2028
Memphis Natural Gas 5,222,3781,860,231,367.47356.2
Hawkins County Natural Gas 4,413,0271,659,087,879.82375.95
Sumner County Coal 3,886,0164,159,920,130.341,070.4812/2031
Haywood County Natural Gas 3,505,3551,309,432,666.75373.55
Roane County Coal 2,428,0102,985,592,616.441,229.6512/2027
Hardin County Conventional Hydroelectric 1,099,482.01
Tennessee Eastman OperationsEastman Chemical Company (100.00%)
Kingsport Natural Gas 929,608345,841,541.5372.03

Quick Facts

There was a 5.37% decrease in CO2 emissions per capita over the preceding year in the state of Tennessee.

Tennessee is the 15th most populous state in the country.

Tennessee is ranked as the 11th highest consumer of electricity with consumption totaling 99,094,187.88 megawatt hours.

pith a nationwide average residential electric bill of $137.99, Tennessee residents, on average, pay about 2.81% more than the rest of the country per month for electricity.

Tennessee is 23rd in the US for megawatt hours per capita produced from coal, averaging 2.13 megawatt hours per person a year.

Wind turbines produce 0 megawatt hours per year per person for Tennessee citizens, which is 41st highest in the country.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Anderson County78,9132512.69$140.95/mo
Bedford County49,7542112.18$158.89/mo
Benton County15,8721113.56$153.59/mo
Bledsoe County14,863312.57$146.15/mo
Blount County139,9584112.04$151.41/mo
Bradley County110,616311.95$133.69/mo
Campbell County39,388413.17$143.38/mo
Cannon County14,309211.39$138.51/mo
Carroll County28,370211.89$145.80/mo
Carter County56,3143212.03$129.39/mo
Cheatham County40,8783112.67$154.76/mo
Chester County17,278312.62$158.41/mo
Claiborne County31,958212.13$129.08/mo
Clay County7,5682112.31$156.28/mo
Cocke County35,896213.50$145.87/mo
Coffee County57,227412.20$158.25/mo
Crockett County14,012212.95$165.40/mo
Cumberland County60,568311.91$135.37/mo
Davidson County708,1442413.43$134.32/mo
DeKalb County19,8754112.52$147.19/mo
Decatur County11,460112.28$133.60/mo
Dickson County54,000211.63$147.34/mo
Dyer County36,975613.39$181.88/mo
Fayette County41,5843211.55$159.68/mo
Fentress County18,385111.81$133.69/mo
Franklin County42,5283112.21$159.34/mo
Gibson County50,278512.58$158.81/mo
Giles County30,197412.92$158.58/mo
Grainger County23,3773112.42$139.49/mo
Greene County71,4051111.95$139.61/mo
Grundy County13,471312.77$150.19/mo
Hamblen County65,168312.77$149.00/mo
Hamilton County374,6823411.99$130.49/mo
Hancock County6,6951111.47$120.02/mo
Hardeman County25,6123213.35$162.12/mo
Hardin County26,7223212.68$146.62/mo
Hawkins County56,8035113.33$157.47/mo
Haywood County17,9125412.43$160.29/mo
Henderson County27,800312.27$140.21/mo
Henry County32,298212.65$144.48/mo
Hickman County24,848213.02$157.15/mo
Houston County8,238313.03$158.00/mo
Humphreys County18,9561113.20$158.54/mo
Jackson County11,626212.33$140.47/mo
Jefferson County54,358412.80$148.85/mo
Johnson County17,912111.95$120.01/mo
Knox County494,5743112.21$131.94/mo
Lake County7,187413.01$167.58/mo
Lauderdale County25,406313.32$179.82/mo
Lawrence County43,967111.99$148.20/mo
Lewis County12,485213.14$158.63/mo
Lincoln County35,0422112.15$155.48/mo
Loudon County54,3494311.85$147.77/mo
Macon County24,954112.30$158.62/mo
Madison County99,2454312.53$154.51/mo
Marion County28,6793212.70$148.46/mo
Marshall County33,909312.18$158.72/mo
Maury County108,159412.19$154.54/mo
McMinn County53,0653111.78$135.58/mo
McNairy County25,9161412.58$157.51/mo
Meigs County12,622111.81$133.69/mo
Monroe County46,0414112.17$161.51/mo
Montgomery County235,2013112.62$164.53/mo
Moore County6,481112.21$159.93/mo
Morgan County21,158513.11$134.20/mo
Obion County30,7223112.82$161.56/mo
Overton County22,364312.26$139.62/mo
Perry County8,313113.20$158.54/mo
Pickett County5,021211.90$134.80/mo
Polk County17,5022312.92$138.02/mo
Putnam County82,382412.25$138.43/mo
Rhea County32,7233211.90$132.45/mo
Roane County53,3136112.77$145.83/mo
Robertson County75,470312.67$166.02/mo
Rutherford County360,6193111.44$138.17/mo
Scott County21,855113.10$128.20/mo
Sequatchie County15,727212.69$147.75/mo
Sevier County98,7894111.60$133.15/mo
Shelby County916,3711411.55$132.23/mo
Smith County19,8203112.30$140.39/mo
Stewart County13,5692112.70$168.37/mo
Sullivan County160,8206412.97$154.94/mo
Sumner County203,8585212.66$160.41/mo
Tipton County60,868412.45$166.98/mo
Trousdale County11,463212.18$156.02/mo
Unicoi County17,891413.01$116.64/mo
Union County19,597412.09$128.76/mo
Van Buren County6,083212.79$151.06/mo
Warren County40,8013212.74$151.24/mo
Washington County136,1725313.31$154.10/mo
Wayne County16,350112.78$142.76/mo
Weakley County32,9481111.35$150.01/mo
White County27,134412.66$148.92/mo
Williamson County260,815211.58$137.24/mo
Wilson County158,555311.51$137.80/mo

Power Plant Fuel Types, Emissions & Pollution Factors

Tracking emissions on a per capita basis gives us a glimpse of the emissions efficiency of a state. Tennessee averages 4,284.68 kilograms of CO2 emissions per resident from electricity use, which ranks them 25th worst in the US. At 4,284.68 kilograms per person and 7,051,339 people in the state, the state emits 30,212,723,950.81 kilograms of CO2 emissions per year. Electricity plants in the state most often use Nuclear, which makes up 48.18% of the fuel types used for electricity generation in the state. Natural Gas and Coal make up 19.79% and 19.04% of generation, respectively. There are 84 electricity generation plants in the state of Tennessee, which is the 37th most power plants in a state in the US and translates to the 49th highest amount of plants per resident.

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
48.18%
NATURAL GAS
Natural Gas
Natural Gas
19.79%
COAL
Coal
Coal
19.04%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
Conventional Hydroelectric
11.01%
SOLAR
Solar
1.20%
OTHER
Other
0.77%

Tennessee Net Metering

Out of the 84 companies in Tennessee, only one of them have made it a point to offer net metering to their customers. The state of Tennessee has bad state level net metering legislation.

Energy Loss

The average energy loss for providers in Tennessee is 2.75%. This includes data from 81 companies, including Nashville Electric Service, Memphis Light, Gas and Water, and Middle Tennessee Electric. The United States average for energy loss is 2.87%, which earns a rank of 18th best in the US for Tennessee in this category.

Solar Taxes And Rebates

When it comes to encouraging home installs of solar, one of the best uses of government resources is tax breaks and rebates for solar installs. Tennessee offers a credit that is $1000 or less or there is no state tax. Offering no rebates for solar panel purchases, the state currently is dropping the ball for its citizens who wish to install private solar panels. Unfortunately, homeowners in the state are only offered some optional tax exemptions for what they spend on private solar panel installation. The state offers a 100% sales tax exemption to anyone who purchase private solar. This is great for people in the state.

State Level Initiatives

Whether a customer is able to easily find electricity options with renewable fuel types is at least somewhat determined by legislation at the state level. Renewable Portfolio Standards (RPS) encourage or require electricity suppliers to produce a percentage of their electricity using green energy. The state of Tennessee, unfortunately, has no standards in place. Additionally, there are currently no low income solar programs to encourage low income families to install solar panels.

Learn about going solar in Tennessee, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Tennessee

How much does electricity cost in Tennessee?

Anything below the Tennessee average of 12.28 cents per kilowatt hour is a good electricity rate. The rates in the state range from 10.65 cents to 13.96 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 48.18% of production. Natural Gas and Coal also make up 19.79% and 19.04% respectively.

How many electric companies offer service in Tennessee?

There are 84 electricity companies serving consumers in Tennessee.

What electricity companies are in Tennessee?

What is the average electric bill in Tennessee?

The average electricity bill in the state of Tennessee in 2024 is $142 while the national average is $138.

Which electricity company is the largest provider in Tennessee?

By total revenue, Nashville Electric Service is the largest electricity company in Tennessee.

How many power plants are located within Tennessee?

Tennessee is home to 84 active electricity plants generating electricity for the state.

What is the cheapest electricity company in Tennessee?

Residential Rate RankProviderResidential Rate (¢)State Customers
1Bristol TN Electric10.6534,203
2New Bern Electric10.751,835
3Tullahoma Utilities11.2011,110
4Covington, Tennessee Electric Utility11.244,693
5Chickasaw Electric Cooperative11.2922,205
6Brownsville Utility11.295,374
7Springfield TN Electric11.308,789
8Middle Tennessee Electric11.31332,046
9Weakley County Municipal Electric System11.3520,640
10McMinnville Electric11.368,136

Fernando García
Last Reviewed By: Fernando García
Published: 2024-01-18