The current residential energy rate is 9.923 cents per kilowatt hour (Transition). Customers with an additional meter for residential purposes can reduce costs on their monthly service and energy charge with the Supplemental Residential Rate.
How much is electric bill in Nashville TN?
The report found the average electricity price in Tennessee for all sectors is 9.69¢ per kWh, compared to the national average of 10.54¢ per kWh. Residentially, the company says there is an average $132.33 electricity bill monthly, compared to the average monthly bill in the U.S. at $115.49.
Are utilities expensive in Nashville?
The cost of utilities in Nashville is slightly below the U.S. average, with a cost index of 99.3. The utility cost index for all of Tennessee is slightly lower than Nashville, at 96.7%. Nashville residents spend about 6.3% of their monthly income on utilities.
Why is my electric bill so high Nashville?
When it’s colder, customers typically use more energy so their bills are higher. Even if your thermostat remains on a constant temperature, energy bills will fluctuate according to outside temperatures. … Adjust your thermostat to 68 degrees or lower and bundle up in a cozy sweater, warm socks or a blanket.
How much is utilities in Tennessee?
Reports from the U.S. Energy Information Administration show that the average monthly energy bill in Tennessee is around $123.30. For comparison, the U.S. national average for utility payments is $111.76 per month. Unsurprisingly, monthly utility costs are even higher in Tennessee’s major cities.
How much is electricity per month in Nashville?
Numbeo.com data from 2019 shows what the average monthly utility bills for a 915 square-foot apartment cost in Tennessee’s largest cities. In Nashville, residents can expect to pay $159.32, while $145.29. For comparison, the national average is $151.96.
How much is electricity per month in TN?
In Tennessee, the average monthly electricity bill is around $123.30.
Why is Nashville TN so expensive?
With its higher living costs, high cost of housing, and relatively high cost of vacationing in the city, Nashville is expensive to live in by comparison to many other US cities and certainly to the rest of Tennessee.
What is the average water bill in Nashville TN?
The monthly water bill for an average Nashville residential customer is $12.45.
What is a good salary in Nashville TN?
NASHVILLE, Tenn. –A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
Where does Nashville get its electricity?
In 2016, the sources of electricity purchased by the NES from TVA included 39.8% nuclear, 25.8% coal-fired, 21.5% natural gas-fired, 9.7% hydroelectric power, and 3.2% from wind and solar.
Why is my NES bill so high?
The reason why your electricity bills are so high is that the more electricity you use, the more you pay per unit of electricity. … If your typical electricity usage is 900 kWh per month, and your average cents per kWh is $0.15, you would pay something around $135 per month.