Tennessee electricity rates (August 2026)

Average residential and commercial electricity prices in Tennessee from EIA's monthly utility survey, with the trend, the largest utilities and what power costs a typical homeowner.

Residential rate

13.42¢

▲ 2.5% vs a year agoper kWh, August 2026; ranks 46 of 51 (1 = highest)

Commercial rate

13.13¢

per kWh, August 2026

Average home bill

$162

per month over the last 12 months, about 1,186 kWh

U.S. residential average

18.16¢

Tennessee is 26% below the U.S. average.

Find your utility's rate by ZIP

Tennessee vs U.S. residential rate

Cents per kWh by month, last 36 months.

Last 12 months in Tennessee

Month	Residential	Commercial	U.S. residential	Avg kWh	Avg bill
August 2026	13.42¢	13.13¢	18.16¢	1,532	$206
July 2026	13.71¢	13.43¢	18.31¢	1,494	$205
June 2026	14.07¢	13.94¢	18.34¢	1,196	$168
May 2026	14.47¢	13.52¢	18.44¢	896	$130
April 2026	14.94¢	14.07¢	18.86¢	917	$137
March 2026	15.08¢	14.54¢	18.60¢	987	$149
February 2026	12.82¢	13.21¢	17.65¢	1,602	$205
January 2026	13.10¢	12.97¢	17.45¢	1,370	$179
December 2025	12.89¢	12.57¢	17.11¢	1,225	$158
November 2025	13.49¢	12.66¢	17.77¢	872	$118
October 2025	13.08¢	12.29¢	17.95¢	964	$126
September 2025	13.30¢	12.99¢	18.05¢	1,183	$157

Largest utilities in Tennessee

Residential rates for the biggest utilities in Tennessee that report monthly to EIA, ordered by number of homes served, for August 2026.

Utility	Type	Rate	Avg kWh	Avg bill	Homes
Nashville Electric Service	Municipal	13.88¢	1,298	$180	434,829
City of Memphis - (TN)	Municipal	13.80¢	1,731	$239	382,810
Middle Tennessee E M C	Cooperative	12.24¢	1,679	$206	320,375
Knoxville Utilities Board	Municipal	14.50¢	1,225	$178	202,283
City of Chattanooga - (TN)	Municipal	12.80¢	1,407	$180	168,273
Volunteer Electric Coop	Cooperative	13.49¢	1,383	$187	106,858
Cumberland Elec Member Corp	Cooperative	13.56¢	1,753	$238	103,843
City of Clarksville - (TN)	Municipal	13.84¢	1,333	$184	80,233
Johnson City - (TN)	Municipal	14.10¢	1,202	$169	73,896
Duck River Elec Member Corp	Cooperative	13.56¢	1,611	$218	73,471
City of Lenoir - (TN)	Municipal	13.18¢	1,646	$217	65,346
Upper Cumberland E M C	Cooperative	14.30¢	1,408	$201	46,435

What electricity adds to owning a home in Tennessee

A typical Tennessee home is valued at $330,844 (Zillow). With 10% down at this week's 7.24% 30-year rate, principal and interest come to about $2,029 a month. The average electric bill of $162 adds about 8% on top of that, or $1,938 a year. See Tennessee property tax and closing costs or run the monthly payment.

Bills follow the seasons: in Tennessee the highest-use month of the last year averaged 1,602 kWh per home and the lowest 872 kWh. Budget for the expensive months, not the average.

Common questions

What is the average electricity rate in Tennessee?

Homes in Tennessee paid an average of 13.42 cents per kWh in August 2026, 26% below the U.S. average of 18.16 cents (EIA Form 861M).

How much is the average electric bill in Tennessee?

Over the last 12 months the average Tennessee home used about 1,186 kWh a month and paid about $162 a month.

Have Tennessee electricity rates gone up?

The residential rate is 2.5% higher than in August 2025, when it was 13.09 cents per kWh.

What do businesses pay for electricity in Tennessee?

Commercial customers in Tennessee paid 13.13 cents per kWh in August 2026.

Electricity rates in all statesRanked table and ZIP lookup Tennessee buying costsProperty tax, transfer tax and closing costs Tennessee buyer programsDown payment help where you live

Sources: U.S. Energy Information Administration (EIA), Form EIA-861M monthly sales and revenue (state and utility data, latest month August 2026; EIA marks recent months preliminary and may revise them); ZIP-to-utility map: OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zip Code (2024), CC BY 4.0. Rates are average revenue per kWh (total bill divided by kWh sold), so they include fixed and delivery charges. EIA posts each month about eight weeks after it ends; this page checks for new data every morning.