Typical customer: Not worth it

City of Memphis and solar

City of Memphis is a municipal utility serving about 385,015 homes in Tennessee. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
13.6¢0% above Tennessee average
Typical bill
$1551,142 kWh a month
Exports credited
2.7¢Avoided-cost export credit
Typical payback
24.1 yrs5 kW, cash

Export rules for City of Memphis customers

Avoided-cost export credit — about 2.7¢ per exported kWh, instantaneous netting.

Exports via TVA DPP.

Source

Tennessee net metering details

Solar for a typical City of Memphis home

System5 kW (50% of 1,142 kWh/month)
Cost$19,000
First-year savings$739
Payback24.1 years
25-year net$878

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
385,015

EIA-861, 2025.

Questions about City of Memphis and solar

Does City of Memphis have net metering?

Exports via TVA DPP. Exported power is credited at about 2.7¢ per kWh.

How much does electricity cost with City of Memphis?

Residential customers paid an average of 13.2¢ per kWh in 2025 (EIA), about 13.6¢ adjusted to 2026. The typical home uses 1,142 kWh a month, a bill of about $155.

Is solar worth it with City of Memphis?

For a typical customer, solar is not worth it: a 5 kW system costing about $19,000 pays back in about 24.1 years, with $878 net over 25 years.

How many City of Memphis customers have solar?

City of Memphis did not report residential net-metered solar to EIA for 2025.

Legal name: City of Memphis - (TN) (EIA ID 12293). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.