Electricity Rates in Hickory hill, TN

Residents of Hickory hill, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with City of Memphis - (TN) being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. Tennessee Avg. -7.7%
vs. National Avg. -32.5%
Providers 3

Electricity Providers in Hickory hill

Utility Residential Rate Commercial Rate Type
City of Memphis - (TN) 12.0¢/kWh 12.0¢/kWh Municipal
Entergy Arkansas LLC 12.0¢/kWh 18.0¢/kWh Investor Owned
Tennessee Valley Authority N/A 7.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Hickory hill monthly bill $106.32
Hickory hill annual cost $1275.84
Tennessee avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Hickory hill

At 12.0¢/kWh, a typical Hickory hill household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Hickory hill

Charging an electric vehicle at home in Hickory hill costs approximately $108.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Hickory hill, TN?

The average residential electricity rate in Hickory hill, TN is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.

Who provides electricity in Hickory hill?

Hickory hill is served by 3 electricity providers. City of Memphis - (TN) is the largest provider in the area, though rates and availability vary by specific address.

How do Hickory hill electricity rates compare to the rest of Tennessee?

Hickory hill's average rate of 12.0¢/kWh is 7.7% below the Tennessee state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.