Electric companies in Tennessee
| Company | Homes served | Avg. bill / month | Avg. rate | Bill covers |
|---|---|---|---|---|
| Nashville Electric Service (NES) | 417,640 | $138 | 13.5¢ | Full bill |
| Memphis Light, Gas and Water (MLGW) | 380,286 | $139 | 12.2¢ | Full bill |
| Middle Tennessee Electric | 307,370 | $148 | 11.8¢ | Full bill |
| Knoxville Utilities Board (KUB) | 193,707 | $137 | 12.5¢ | Full bill |
| EPB (Chattanooga) | 164,417 | $137 | 12.3¢ | Full bill |
| Volunteer Energy Cooperative | 104,387 | $144 | 12.2¢ | Full bill |
| Cumberland EMC | 100,585 | $177 | 13.0¢ | Full bill |
| CDE Lightband | 75,953 | $143 | 12.8¢ | Full bill |
| BrightRidge | 72,205 | $143 | 12.4¢ | Full bill |
| Duck River Electric Membership Corporation | 71,342 | $169 | 12.5¢ | Full bill |
| Lenoir City Utilities Board (LCUB) | 62,455 | $146 | 12.0¢ | Full bill |
One regulated utility serves each area
In Tennessee, your electric company is set by where you live. The state regulator approves its rates, so comparing companies here mostly matters when you move.
How we calculated this
Figures come from the U.S. Energy Information Administration, Form EIA-861 (2024 data), for companies with 50,000 or more residential customers. The average bill is residential revenue divided by customers and 12 months; the rate is revenue divided by kilowatt-hours sold. Your own bill depends on your usage, plan and season. More sections for Tennessee (rent, gas and more) are added as each data set goes live.
Source: U.S. EIA, Form EIA-861. Last verified November 2026.