Electricity prices in Collierville, TN
Households in Collierville pay 13.4¢/kWh (Tennessee average), about $159 a month for 1,186 kWh a month, the Tennessee household average.
Monthly electricity bill by consumption
| Consumption | Per month | Per year |
|---|---|---|
| 500 kWh a month | $67 | $805 |
| 1,000 kWh a month | $134 | $1,610 |
| 1,500 kWh a month | $201 | $2,416 |
| 2,000 kWh a month | $268 | $3,221 |
At 13.4¢/kWh, the average household price including taxes and fixed charges (August 2026). Small households usually pay a little more per kWh, large ones a little less.
Business electricity in Collierville
Commercial customers pay 13.1¢/kWh and industrial customers 6.9¢/kWh (Tennessee average).
Home running costs in Collierville
In Collierville, running an 860 sq ft home costs on average $58 a month excluding rent – 30% cheaper than the US average.
Monthly cost breakdown
Default home: 860 sq ft, 2 people, 2,500 kWh electricity a year.
Collierville compared with the average for the United States
Your biggest saving opportunity
Switching from a gas boiler to a heat pump would cut heating costs in Collierville by about $148 a year at today's prices.
Gas boiler vs heat pump calculator · Monthly home running cost calculator
Heating need through the year
Heating with a gas boiler: about 4,847 kWh a year at 7.5¢/kWh.
Solar potential in Collierville
1 kWp of solar panels produces about 1,437 kWh a year here. ($193 per year)
Not yet available for Collierville: Water.
How we calculate this
Electricity: average residential price per kWh in the state (August 2026). Heating: heating degree days for the location × floor area × building factor, priced with the gas boiler cost (state residential natural gas price). Water and rent are added when official data is available. Methodology
Nearby cities
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