Electricity Rates in Tennessee

Electricity Rates, Plans & Statistics

Electricity Companies & Statistics in Tennessee

  • Population
    see rank
    6,910,840
  • Total Production
    see rank
    79,746,296 MWh / 11.54 MWh per capita
  • Total Consumption
    see rank
    102,420,229 MWh / 14.82 MWh per capita
  • Total Production from Renewable
    see rank
    12,243,246 MWh / 1.77 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    33,989,986,516 kg / 4,918.36 kg per capita
  • Total Production from Non-Renewable
    see rank
    67,503,050 MWh / 9.77 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 June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.131/kWh$0.101/kWh$210.56/mo.$98.31/mo.
10th11.72¢Average residential price per kWh in the state of Tennessee
43rd$143.92Average 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 2022 is 11.72 cents per kilowatt hour, which is 18.93% less than the national average rate of 14.46 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 11.54 megawatt hours per citizen, Tennessee ranks as the 32nd highest per capita producer of electricity in the US. There is a deficiency of 22673932.831 megawatt hours in the state due to the fact that citizens are using 28.43% 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 accomplished a 2.52% rise in electricity generation using renewable fuel types rather than traditional fossil fuels such as natural gas. Consumers in the state have an average monthly residential power bill of $143.92 per month. The nationwide average monthly bill is $129.86.

Residential Electricity Providers in Tennessee

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Memphis Light, Gas and WaterBUNDLED11.22132.285,353,491600,685,451
Nashville Electric ServiceBUNDLED12.45136.645,075,129631,962,0003
Middle Tennessee ElectricBUNDLED10.85143.54,485,288486,751,000
Knoxville Utilities BoardBUNDLED11.38129.222,537,794288,880,000
EPBBUNDLED11.62133.042,144,381249,255,000
Cumberland ElectricBUNDLED12.18177.591,641,261199,824,000
Volunteer Electric CooperativeBUNDLED11.47138.711,466,708168,256,000
Duck River ElectricBUNDLED11.77161.751,119,521131,737,000
BrightRidgeBUNDLED12.00143.26999,995119,968,000
Clarksville ElectricBUNDLED11.95143.5996,885119,158,000

Commercial Electricity Providers in Tennessee

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Memphis Light, Gas and WaterBUNDLED11.021,270.166,117,745674,145,604
Nashville Electric ServiceBUNDLED11.391,252.365,965,961679,472,0003
Middle Tennessee ElectricBUNDLED10.74691.933,082,182331,098,000
Knoxville Utilities BoardBUNDLED11.37849.922,227,611253,234,000
EPBBUNDLED11.28772.782,105,927237,485,000
Sevier County ElectricBUNDLED10.39343.17887,46292,170,000
Lenoir City Utilities BoardBUNDLED11.29527.35732,98182,717,000
BrightRidgeBUNDLED11.30585.14715,75080,872,000
Volunteer Electric CooperativeBUNDLED11.97285.95619,04474,073,000
Clarksville ElectricBUNDLED11.71614.81558,33565,397,000

Power Plants in Tennessee

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Hamilton County Nuclear 18,518,801
Rhea County Nuclear 14,744,860
Cumberland City Coal 8,526,789.968,749,362,775.51,026.112/2028
Memphis Natural Gas 5,327,7451,879,336,537.11352.7512/2023
Sumner County Coal 4,684,6694,843,544,468.071,033.9112/2031
Hawkins County Natural Gas 3,973,3761,512,048,273.12380.54
Haywood County Natural Gas 3,856,7441,499,622,356.89388.83
Roane County Coal 3,171,943.023,557,027,317.751,121.412/2027
Hardin County Conventional Hydroelectric 1,573,801
Anderson County Coal 1,158,705.011,159,364,067.781,000.5712/2023

Quick Facts

There was a 1.22% rise in CO2 emissions per capita over the preceding year in the state of Tennessee.

More people call Tennessee home now than a year ago, as the state's population has risen by 1.20% during that time period.

Tennessee produces 0.08 megawatt hours per capita per year from solar energy, giving the state a rank of 32nd in the nation for this category.

Tennessee produces 84.65% of its electricity from non-renewable fuel sources, resulting in a ranking of 18th worst for total electricity production from non-renewable fuels.

Tennessee generates the 24th highest amount of electricity per capita from natural gas, with the fuel accounting for 2.56 megawatt hours a year per capita.

By megawatt hours sold, the largest electricity company in the state of Tennessee is Memphis Light, Gas and Water.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Anderson County77,1232512.03$142.45/mo
Bedford County50,237211.71$159.84/mo
Benton County15,8641112.78$134.47/mo
Bledsoe County14,913311.34$129.55/mo
Blount County135,2804110.62$130.64/mo
Bradley County108,620311.60$138.65/mo
Campbell County39,272411.71$125.22/mo
Cannon County14,506210.88$142.83/mo
Carroll County28,440210.47$122.78/mo
Carter County56,3563210.68$112.26/mo
Cheatham County41,0723111.87$154.74/mo
Chester County17,341311.92$153.58/mo
Claiborne County32,043210.82$111.43/mo
Clay County7,5812111.09$135.81/mo
Cocke County35,999211.53$123.49/mo
Coffee County57,889411.66$157.82/mo
Crockett County13,911212.14$161.59/mo
Cumberland County61,145311.46$138.21/mo
Davidson County715,8842212.45$137.24/mo
DeKalb County20,0804111.43$134.83/mo
Decatur County11,435110.76$112.55/mo
Dickson County54,315210.21$124.61/mo
Dyer County36,801611.82$151.86/mo
Fayette County41,9903210.08$135.14/mo
Fentress County18,489111.47$138.71/mo
Franklin County42,774311.74$160.45/mo
Gibson County50,429511.67$152.18/mo
Giles County30,346411.75$140.36/mo
Grainger County23,5273111.61$137.92/mo
Greene County70,152111.18$138.64/mo
Grundy County13,529311.37$129.27/mo
Hamblen County64,499311.72$139.04/mo
Hamilton County366,2073411.58$133.73/mo
Hancock County6,6621110.27$103.57/mo
Hardeman County25,4623111.96$139.92/mo
Hardin County26,8313211.26$123.48/mo
Hawkins County56,7215110.63$129.21/mo
Haywood County17,8645311.75$156.48/mo
Henderson County27,842310.99$123.80/mo
Henry County32,199211.59$124.96/mo
Hickman County24,925211.31$130.23/mo
Houston County8,283311.38$132.76/mo
Humphreys County18,9901111.46$131.20/mo
Jackson County11,617211.74$143.98/mo
Jefferson County54,683411.91$146.10/mo
Johnson County17,948110.59$103.29/mo
Knox County478,9713111.42$132.91/mo
Lake County7,005412.11$160.64/mo
Lauderdale County25,143311.84$151.92/mo
Lawrence County44,159110.62$125.95/mo
Lewis County12,582211.48$133.13/mo
Lincoln County35,3192110.92$133.44/mo
Loudon County54,8864210.75$135.27/mo
Macon County25,216111.00$134.60/mo
Madison County98,8234111.96$154.06/mo
Marion County28,8373211.38$129.44/mo
Marshall County34,318311.65$158.05/mo
Maury County100,974411.53$151.14/mo
McMinn County53,276311.13$133.54/mo
McNairy County25,8661411.14$130.86/mo
Meigs County12,758111.47$138.71/mo
Monroe County46,2504110.79$139.27/mo
Montgomery County220,0693112.12$172.56/mo
Moore County6,461111.77$161.75/mo
Morgan County21,035511.83$118.57/mo
Obion County30,787312.10$161.07/mo
Overton County22,511311.70$143.25/mo
Perry County8,366111.46$131.20/mo
Pickett County5,001211.52$139.61/mo
Polk County17,5442311.97$129.76/mo
Putnam County79,854411.55$138.50/mo
Rhea County32,8703211.20$130.21/mo
Roane County53,4046111.52$132.75/mo
Robertson County72,803312.13$173.53/mo
Rutherford County341,4863110.95$143.69/mo
Scott County21,850111.80$111.23/mo
Sequatchie County15,826211.38$128.95/mo
Sevier County98,3804110.28$115.83/mo
Shelby County929,7441411.22$132.28/mo
Smith County19,9043111.71$143.96/mo
Stewart County13,6572112.13$174.78/mo
Sullivan County158,1636410.25$131.58/mo
Sumner County196,2815211.89$160.12/mo
Tipton County60,970412.22$154.21/mo
Trousdale County11,615210.98$135.71/mo
Unicoi County17,928411.73$102.93/mo
Union County19,802411.10$122.42/mo
Van Buren County6,168211.40$129.98/mo
Warren County40,9533211.40$131.05/mo
Washington County133,0015310.99$136.15/mo
Wayne County16,232111.37$121.09/mo
Weakley County32,902119.93$124.30/mo
White County27,351411.43$131.73/mo
Williamson County247,726211.06$142.63/mo
Wilson County147,737311.00$143.35/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 4,918.36 kilograms of CO2 emissions per resident from electricity use, which ranks them 25th worst in the US. At 4,918.36 kilograms per person and 6,910,840 people in the state, the state emits 33,989,986,515.69 kilograms of CO2 emissions per year. Electricity plants in the state most often use Nuclear, which makes up 41.71% of the fuel types used for electricity generation in the state. Coal and Natural Gas make up 22.18% and 20.57% of generation, respectively. There are 67 electricity generation plants in the state of Tennessee, which is the 36th 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
41.71%
COAL
Coal
Coal
Coal
22.18%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
20.57%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
Conventional Hydroelectric
13.80%
SOLAR
Solar
0.67%
OTHER
Other
1.07%

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 2.57%. 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 2.76%, which earns a rank of 15th 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.

FAQ: Common Questions About Electricity in Tennessee

How much does electricity cost in Tennessee?

Anything below the Tennessee average of 11.72 cents per kilowatt hour is a good electricity rate. The rates in the state range from 9.35 cents to 12.78 cents per kilowatt hour, with New Bern 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 41.71% of production. Coal and Natural Gas also make up 22.18% and 20.57% 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 2022 is $144 while the national average is $130.

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 67 active electricity plants generating electricity for the state.

What is the cheapest electricity company in Tennessee?

Residential Rate RankProviderResidential Rate (¢)State Customers
1New Bern Electric9.351,818
2Chickasaw Electric Cooperative9.7621,158
3Tullahoma Utilities9.8010,982
4Brownsville Utility9.855,404
5Springfield TN Electric9.928,544
6Weakley County Municipal Electric System9.9320,576
7Covington, Tennessee Electric Utility9.944,710
8Maryville Electric9.9522,283
9Sevier County Electric10.0158,528
10Lewisburg Electric10.026,389

Last Reviewed By: Fernando García
Published: 2022-10-24