Boiler (Electric) in Memphis — $707/yr to Run (13.1¢/kWh)
Your boiler (electric) in Memphis costs about $59/month at 13.1¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Memphis, TN Electricity Rate
13.1¢/kWh
Utility: Memphis Light, Gas & Water
+1% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$4.72
36.0 kWh/day
Monthly Cost
$58.95
450 kWh/mo
Annual Cost
$707
5,400 kWh/yr
Lifetime (25yr)
$17,685
energy only
Monthly Cost Breakdown in Memphis
| Period | kWh | Memphis Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 36.0 | $4.72 | $4.68 | +$0.04 |
| Weekly | 252.0 | $33.01 | $32.76 | +$0.25 |
| Monthly | 450.0 | $58.95 | $58.50 | +$0.45 |
| Quarterly | 1350.0 | $176.85 | $175.50 | +$1.35 |
| Annual | 5400.0 | $707.40 | $702.00 | +$5.40 |
Customize Your Boiler (Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Memphis.
Daily
$4.72
Monthly
$58.95
Annual
$707
25-Year
$17,685
Energy Saving Tips for Boiler (Electric) in Memphis
- ✓Memphis electricity rates are 1% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Boiler (Electric) in Memphis saves ~$71/year compared to standard models.
- ✓A smart Boiler (Electric) with scheduling optimization can save ~$106/year at Memphis rates.
- ✓Memphis's warm climate (avg 71°F) means higher cooling costs — consider ceiling fans to supplement.
- ✓Bleed radiators annually
- ✓Insulate exposed pipes
ENERGY STAR Savings: Upgrading to an ENERGY STAR Boiler (Electric) in Memphis saves approximately $71/year at local rates — $1,768 over the appliance lifetime.
Highest-Cost Appliances in Memphis, TN
See which appliances cost the most to run at Memphis's 13.1¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,698/yr
$141.48/mo
Electric Furnace
HVAC · 10,000W
$1,179/yr
$98.25/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$861/yr
$71.72/mo
EV Charger (Level 2)
Garage · 7,200W
$849/yr
$70.74/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$646/yr
$53.79/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$646/yr
$53.79/mo
Heat Pump
HVAC · 2,400W
$503/yr
$41.92/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$472/yr
$39.30/mo
Boiler (Electric) Cost in Other Tennessee Cities
| City | Rate | Annual Cost | vs Memphis |
|---|---|---|---|
| Memphis (current) | 13.1¢ | $707 | — |
| Nashville | 12.0¢ | $646 | $-61 |
| Knoxville | 12.0¢ | $648 | $-59 |
| Chattanooga | 12.3¢ | $665 | $-42 |
| Clarksville | 11.3¢ | $612 | $-95 |
| Murfreesboro | 12.7¢ | $686 | $-22 |
| Franklin | 12.5¢ | $674 | $-33 |
| Johnson City | 11.9¢ | $643 | $-65 |
| Jackson | 9.4¢ | $510 | $-197 |
Boiler (Electric) Energy Cost FAQ — Memphis, TN
Understanding Boiler (Electric) Energy Costs in Memphis, TN
In a major metro like Memphis, electricity demand is high and rates reflect the cost of maintaining infrastructure for 0.6 million residents. Running a high-draw appliance like the Boiler (Electric) (6,000W) at Memphis's rate of 13.1¢/kWh costs approximately $707 per year — $5 more than the national average of $702.
Memphis rates are 1% above the national average — a modest premium that adds $5 per year to Boiler (Electric) operating costs. Over the appliance's 25-year lifespan, that's $135 in cumulative extra spending versus the national average.
Memphis's cost of living index of 87 is below the national average, and electricity costs reflect that affordability. The Boiler (Electric) adds $58.95/month to a typical bill of $152. Upgrading to an ENERGY STAR Boiler (Electric) can cut energy use by up to 10%, saving approximately $71 per year at Memphis rates.
In Memphis's warm climate (avg 71°F), HVAC-related appliances tend to run more frequently, compounding energy costs. A Boiler (Electric) produces approximately 3.86 tons of CO2 annually at typical usage. Memphis residents can reduce this footprint by choosing an ENERGY STAR certified unit, optimizing usage patterns, or investing in solar — see our solar savings calculator for Memphis.
Compare All Energy Costs in Memphis
See energy costs for 168+ household appliances at Memphis's local electricity rate.