See a detailed snapshot of electricity rates and data in ZIP Code 38120, which is associated with Memphis, TN in the U.S. View various electricity statistics about ZIP Code 38120 in Shelby County. View commercial, industrial and residential electricity rates in ZIP Code 38120 to those in Tennessee and also tho those in the U.S. as a whole. In addition, compare both historical and current electricity usage in this Shelby County region.
View the charts and tables below for a snapshot of how electricity rates in ZIP Code 38120 (Memphis, TN) compare to rates in Tennessee and to the U.S. overall.
The average residential electricity rate in ZIP Code 38120 of 9.89¢/kWh is lower than the average residential rate in the state of Tennessee overall.
ZIP Code 38120 vs. Tennessee
Tennessee's average residential electricity rate of 13.1¢/kWh is approximately 32% higher than the 9.89¢/kWh 38120 average rate.
ZIP Code 38120 vs. the U.S.
Additionally, the average residential electricity rate of 17.45¢/kWh in the U.S. overall is an estimated 76% higher than the average residential rate in 38120.
See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 38120, Tennessee, and also in the U.S. as a whole.
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 38120 | 9.89¢/kWh | 10.68¢/kWh | 11.36¢/kWh |
| Tennessee | 13.1¢/kWh | 12.97¢/kWh | 6.5¢/kWh |
| United States | 17.45¢/kWh | 13.64¢/kWh | 9.29¢/kWh |
View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 38120. See how this Shelby County region compares to other regions in Tennessee.
This chart visualized the estimated monthly electricity usage rates in ZIP Code 38120 versus the average electricity usage a ZIP Code in Tennessee.
MkWh: Million Kilowatt-hours| Month | ZIP Code 38120 | Average TN ZIP | Tennessee |
|---|---|---|---|
| Feb 2025 | 17.15 MkWh | 5.69 MkWh | 4470 MkWh |
| Mar 2025 | 13.71 MkWh | 4.55 MkWh | 3574 MkWh |
| Apr 2025 | 10.8 MkWh | 3.59 MkWh | 2814 MkWh |
| May 2025 | 10.94 MkWh | 3.63 MkWh | 2852 MkWh |
| Jun 2025 | 13.54 MkWh | 4.49 MkWh | 3528 MkWh |
| Jul 2025 | 18.7 MkWh | 6.21 MkWh | 4874 MkWh |
| Aug 2025 | 18.67 MkWh | 6.2 MkWh | 4865 MkWh |
| Sep 2025 | 14.54 MkWh | 4.83 MkWh | 3790 MkWh |
| Oct 2025 | 11.86 MkWh | 3.94 MkWh | 3090 MkWh |
| Nov 2025 | 10.72 MkWh | 3.56 MkWh | 2794 MkWh |
| Dec 2025 | 15.08 MkWh | 5.01 MkWh | 3930 MkWh |
| Jan 2026 | 16.4 MkWh | 5.44 MkWh | 4274 MkWh |
The ZIP Code of 38120 is connected to Memphis, TN in Shelby County. This Tennessee region currently has an approximate population of 14,956 residents and an estimated 6,344 total housing units contributing to overall electricity usage statistics in this locality.
* Local 38120 electricity data referenced here (rates and usage) obtained from loquol.
