Electricity Rates in Murfreesboro, TN
Average electricity cost, utility comparison, and solar savings potential for Murfreesboro homeowners.
Murfreesboro Electricity Cost Overview
The average residential electricity rate in Murfreesboro, TN is $0.11 per kWh, which is 31% below the national average of $0.16/kWh. Homeowners in Murfreesboro pay an average of $108 per month for electricity, based on typical usage of 983 kWh per month.
Electricity rates in Murfreesboro are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use.
Electric Utilities Serving Murfreesboro
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Tennessee Valley Authority (TVA) | $0.11 | $108 |
| Nashville Electric Service | $0.11 | $108 |
| Memphis Light, Gas & Water | $0.10 | $98 |
How Solar Compares to Murfreesboro Electricity Rates
Without Solar
- Monthly bill: $108
- Annual cost: $1,296
- 25-year cost: $32,400
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $80
- Annual savings: $960
- 25-year savings: $26,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Murfreesboro, TN
The average residential electricity rate in Murfreesboro is $0.11 per kilowatt-hour (kWh), which is 31% below the national average of $0.16/kWh. The average monthly electric bill for Murfreesboro homeowners is approximately $108.
With solar panels, Murfreesboro 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 Murfreesboro 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 Murfreesboro 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.
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