GITNUX MARKETDATA REPORT 2024

Statistics About The Average Electric Bill In Tennessee

The average electric bill in Tennessee is approximately $124 per month.

In this post, we will explore a comprehensive statistical overview of the average electric bill in Tennessee. From the average electricity cost and consumption rates to comparisons with national averages and breakdowns by residential, commercial, and industrial sectors, these statistics shed light on the energy landscape in the volunteer state. So, let’s dive into the numbers and gain a deeper understanding of Tennessee’s electricity usage patterns and pricing dynamics.

Statistic 1

"The average electricity cost in Tennessee is 10.53 cents per kWh"

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Statistic 2

"The average monthly residential electricity bill in Tennessee is $123.30"

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Statistic 3

"Tennessee residents consume an average of 1,167 kWh per month"

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Statistic 4

"Tennessee has the 16th highest electric bills in the nation"

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Statistic 5

"Knoxville, TN average electricity expense is $153.35 monthly"

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Statistic 6

"Tennessee's commercial electricity consumption is 22% lower than the national average"

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Statistic 7

"Tennessee's commercial electricity bill is 24% lower than the US average"

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Statistic 8

"Tennessee's industrial sector uses an average of 3,395 kWh of electricity per month"

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Statistic 9

"Tennessee's industrial sector pays an average of $20,776 per month for electricity"

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Statistic 10

"Approximately 39% of Tennessee's electricity is used for residential purposes"

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Statistic 11

"Chattanooga, TN average electric cost is 10.3 cents per kWh"

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Statistic 12

"Almost 80% of Tennessee households use electricity as their primary energy source for home heating"

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Statistic 13

"The average monthly electricity consumption in Tennessee is 15% higher than the national average"

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Statistic 14

"Tennessee's residential electric power price is the 24th lowest in the nation"

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Statistic 15

"Industrial electricity prices in Tennessee are nearly 23% less than the national average"

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Statistic 16

"Memphis, TN average monthly electric bill is around $87.86"

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Statistic 17

"Approximately 7% of Tennessee residents use electricity for cooking"

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Statistic 18

"Tennessee's average monthly residential power usage is 33% higher than the national average"

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Statistic 19

"Over 30% of all energy consumed in Tennessee is used by residential customers"

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In conclusion, the statistics reveal a comprehensive overview of Tennessee’s electricity landscape. Tennessee residents pay an average of 10.53 cents per kWh for electricity, resulting in a monthly residential bill of $123.30, with an average consumption of 1,167 kWh per month. The state ranks 16th in the nation for electric bills, with Knoxville having the highest average electricity expense at $153.35 per month. Additionally, Tennessee’s commercial and industrial sectors demonstrate lower electricity consumption and costs compared to the national averages. The data also highlights significant disparities in electricity usage and costs between different regions within Tennessee, showcasing room for further analysis and potential optimization efforts in the state’s energy sector.

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