Water Heater (Tank Electric) in Memphis — $646/yr to Run (13.1¢/kWh)
Your water heater (tank electric) in Memphis costs about $54/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
$1.77
13.5 kWh/day
Monthly Cost
$53.79
411 kWh/mo
Annual Cost
$646
4,928 kWh/yr
Lifetime (12yr)
$7,746
energy only
Monthly Cost Breakdown in Memphis
| Period | kWh | Memphis Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.77 | $1.76 | +$0.01 |
| Weekly | 94.5 | $12.38 | $12.29 | +$0.09 |
| Monthly | 410.6 | $53.79 | $53.38 | +$0.41 |
| Quarterly | 1231.9 | $161.38 | $160.14 | +$1.23 |
| Annual | 4927.5 | $645.50 | $640.58 | +$4.93 |
Customize Your Water Heater (Tank Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Memphis.
Daily
$1.77
Monthly
$53.79
Annual
$646
12-Year
$7,746
Energy Saving Tips for Water Heater (Tank Electric) in Memphis
- ✓Memphis electricity rates are 1% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Water Heater (Tank Electric) in Memphis saves ~$NaN/year compared to standard models.
- ✓A smart Water Heater (Tank Electric) with scheduling optimization can save ~$32/year at Memphis rates.
- ✓Lower temperature to 120F
- ✓Insulate tank with blanket
- ✓Drain sediment twice yearly
ENERGY STAR Savings: Upgrading to an ENERGY STAR Water Heater (Tank Electric) in Memphis saves approximately $NaN/year at local rates — $NaN 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
Boiler (Electric)
HVAC · 6,000W
$707/yr
$58.95/mo
Electric Water Heater (Tank)
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
Water Heater (Tank Electric) Cost in Other Tennessee Cities
| City | Rate | Annual Cost | vs Memphis |
|---|---|---|---|
| Memphis (current) | 13.1¢ | $646 | — |
| Nashville | 12.0¢ | $590 | $-56 |
| Knoxville | 12.0¢ | $591 | $-54 |
| Chattanooga | 12.3¢ | $607 | $-38 |
| Clarksville | 11.3¢ | $559 | $-87 |
| Murfreesboro | 12.7¢ | $626 | $-20 |
| Franklin | 12.5¢ | $615 | $-30 |
| Johnson City | 11.9¢ | $586 | $-59 |
| Jackson | 9.4¢ | $466 | $-180 |
Water Heater (Tank Electric) Energy Cost FAQ — Memphis, TN
Understanding Water Heater (Tank 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 Water Heater (Tank Electric) (4,500W) at Memphis's rate of 13.1¢/kWh costs approximately $646 per year — $5 more than the national average of $641.
Memphis rates are 1% above the national average — a modest premium that adds $5 per year to Water Heater (Tank Electric) operating costs. Over the appliance's 12-year lifespan, that's $59 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 Water Heater (Tank Electric) adds $53.79/month to a typical bill of $152. Upgrading to an ENERGY STAR Water Heater (Tank Electric) can cut energy use by up to undefined%, saving approximately $NaN 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 Water Heater (Tank Electric) produces approximately 3.5 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.