Memphis Electricity Rates

Texas · 2,291 residents

12.03¢/kWh
Average residential rate
16.9% vs Texas avg

Memphis Electricity at a Glance

12.03¢
Avg residential rate
1
ZIP codes
3
Utility providers
2,291
Population

Memphis Electricity Rate Analysis

Memphis residential electricity rates average 12.03¢ per kWh — that's lower than the Texas state average of 14.46¢/kWh by 16.9%. Rates are aggregated from 1 Memphis ZIP codes and 3 utility providers serving the city.

The primary electricity providers in Memphis are Southwestern Electric Power Co, Lighthouse Electric Coop, Inc, Greenbelt Electric Coop, Inc.

Memphis ZIP Codes & Electricity Rates

ZIP CodePopulationResidential Rate
792452,29118.00¢/kWh

Memphis Electric Utility Providers

  • Southwestern Electric Power Co
    Investor-Owned Utility · serves 1 ZIP in Memphis
    12.03¢
    avg rate
  • Lighthouse Electric Coop, Inc
    Investor-Owned Utility · serves 1 ZIP in Memphis
    14.59¢
    avg rate
  • Greenbelt Electric Coop, Inc
    Investor-Owned Utility · serves 1 ZIP in Memphis
    18.00¢
    avg rate

Memphis Electricity Rate FAQ

What is the average electricity rate in Memphis?

Memphis residential electricity rates average 12.03¢ per kWh, based on data aggregated across 1 ZIP codes.

Who provides electricity in Memphis?

Memphis is served by 3 electric utility providers, including Southwestern Electric Power Co, Lighthouse Electric Coop, Inc, Greenbelt Electric Coop, Inc.

How does Memphis compare to the Texas state average?

Memphis electricity rates are 16.9% lower than the Texas state average of 14.46¢/kWh.