Residential electricity prices in Memphis, TN in October 2024 averaged approximately 12.92 cents per kilowatthour (¢/kWh), which was about 24% less than the national average rate of 16.94 ¢/kWh (October 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Memphis differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from September 2023 to September 2024 - residential electricity prices in Memphis increased approximately 7%, from 11.78 ¢/kWh to 12.61 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Memphis in September 2024 averaged 0.00 dollars per thousand cubic feet ($/Mcf), which was approximately 100% less than the national average rate of 22.74 $/Mcf (September 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Memphis natural gas prices against U.S. average prices. Compare Memphis natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Memphis (Tennessee) decreased approximately 100%, from 18.31 $/Mcf (August 2023) to 0.00 $/Mcf (August 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The city of Memphis (Tennessee) has an average annual solar radiation value of 5.26 kilowatt hours per square meter per day (kWh/m2/day). Compare Memphis values to both low and high values in the U.S. overall: [3]
→ Solar radiation values listed as zero are not currently available.
See the chart below for a comparison of Memphis solar radiation levels against other areas in the U.S. Compare Memphis levels against both 1) low average solar radition levels (WA) and also 2) high average solar radiation levels (NV). [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Solar radiation values listed as zero are not currently available.
Households in the United States have benefited from falling energy prices in recent years, which has driven down the cost of living.
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Penn State researchers recently examined microgrids and discovered that they may not always be a wise economic move for communities.
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Through the analysis of publicly available data filed by electricity suppliers, the CT OCC discovered that electricity customers overpaid by $58 million in 2015.
Read More
The city of Memphis, TN in Shelby County has an approximate population of 646,889. [4]
To learn more about utility rates & usage in Memphis, TN, or for other information related to utilities in Memphis, visit the U.S. Energy Information Administration.
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