Electricity Rates in Chattanooga, TN

The average residential electricity rate in Chattanooga is $0.11 per kilowatt-hour (kWh), which is 31% below the national average of $0.16/kWh. The average monthly electric bill for Chattanooga homeowners is approximately $108.

With solar panels, Chattanooga homeowners can reduce their electricity costs by approximately 74%, saving around $80 per month or $26,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.

The major electric utilities serving the Chattanooga area include Tennessee Valley Authority (TVA), Nashville Electric Service, Memphis Light, Gas & Water. Rates vary between providers, so your exact cost depends on your utility and usage level.

Yes, electricity rates in Chattanooga and across Tennessee have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.