Memphis Electricity Rates

Commercial electricity rates in Memphis

• Commercial Electricity in Memphis
• • The average commercial electricity rate in Memphis is 10.67¢/kWh.^[1]
  • This average (commercial) electricity rate in Memphis is 0.38% greater than the Alabama average rate of 10.63¢/kWh.^[2]
  • The average (commercial) electricity rate in Memphis is 5.75% greater than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Memphis

• Residential Electricity in Memphis
• • The average residential electricity rate in Memphis is 11.57¢/kWh.^[1]
  • This average (residential) electricity rate in Memphis is 1.49% greater than the Alabama average rate of 11.4¢/kWh.^[2]
  • The average (residential) electricity rate in Memphis is 2.61% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Memphis

• Industrial Electricity in Memphis
• • The average industrial electricity rate in Memphis is 5.69¢/kWh.^[1]
  • This average (industrial) electricity rate in Memphis is 8.52% less than the Alabama average rate of 6.22¢/kWh.^[2]
  • The average (industrial) electricity rate in Memphis is 14.69% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in Alabama

• Commercial electricity rates in AL ^[3]
• • The average commercial electricity rate in Alabama is 10.63¢/kWh, which ranks 14th in the nation and is 5.35% greater than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in AL ^[3]
• • Commercial electricity consumption in Alabama averages 5,083 kWh/month, which ranks 37th in the nation and is 18.52% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in AL ^[3]
• • The average monthly commercial electricity bill in Alabama is $541, which ranks 25th in the nation and is 13.99% less than the national average of $629.
• Learn more about commercial electricity in Alabama

Residential electricity in Alabama

• Residential electricity rates in Alabama ^[3]
• • The average residential electricity rate in Alabama is 11.4¢/kWh, which ranks 23rd in the nation and is
• Residential electricity consumption in AL ^[3]
• • Residential electricity consumption in Alabama averages 1,187 kWh/month, which ranks 4th in the nation and is 31.45% greater than the national average of 903 kWh/month.
• Residential electricity bills in AL ^[3]
• • The average monthly residential electricity bill in Alabama is $135, which ranks 2nd in the nation and is 26.17% greater than the national average of $107 per month.
• Learn more about residential electricity in Alabama

Industrial electricity in Alabama

• Industrial electricity rates in Alabama ^[3]
• • The average industrial electricity rate in Alabama is 6.22¢/kWh, which ranks 33rd in the nation and is 6.75% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in AL ^[3]
• • Industrial electricity consumption in Alabama averages 392,382 kWh/month, which ranks 9th in the nation and is 249.85% greater than the national average of 112,158 kWh/month.
• Industrial electricity bills in AL ^[3]
• • The average monthly industrial electricity bill in Alabama is $24,425, which ranks 9th in the nation and is 226.41% greater than the national average of $7,483.
• Learn more about industrial electricity in Alabama

Memphis, AL Income Breakdown ^[4]

Income Summary for Memphis, AL

• • Household income: The city of Memphis has a median household income of $31,921, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Memphis is approximately 49 percent less than the median income for the entire United States.^[4]
  • Poverty level: Approximately 29.5 percent of Memphis households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in Alabama is about $135/month, ranking 2nd in the U.S. and 26.17% greater than the national average of $107.^[5]

Income: Memphis vs. Nation ^[4]