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MLGW News Release
 
MLGW rates remain among the lowest in the country
May 1, 2024

Memphis Light, Gas and Water recently completed its annual Comparative Rates Survey comparing Memphis’ combined electric, gas, and water utility rates with other cities around the United States. MLGW’s combined rates continue to be among the lowest in the country. For several years, Memphis has proven its value to Memphis and Shelby County residents by delivering electricity, natural gas, and water services at rates lower than most other municipalities.

In 2023, MLGW customers paid $0.116 per kWh, compared to the U.S. average of $0.160 per kWh; that means running a dishwasher for an hour (an estimated 1,800 watts) would cost about $0.209 in Memphis compared to $0.288 on average elsewhere in the country.

“We want to earn our customers’ business every day by providing great value,” says MLGW President and CEO Doug McGowen. “Reliability and the best possible rates are what we strive to deliver to our customers.” The Division surveyed 39 cities to complete the 2024 report. All costs covered in the survey are based on rates published and effective as of January 2024. This year’s ranking includes what a homeowner would pay for 1,000 kWh of electricity, 200 cubic feet (ccf) of gas, and 10 ccf of water. The 2024 report is available at mlgw.com/ratessurvey.

 

Memphis Light, Gas and Water is the largest three-service public power utility in the nation, serving the residents of Memphis and Shelby County, Tennessee since 1939. MLGW consistently provides customers with rates that are amongst the lowest in the nation and stewards a water supply from artesian wells that is minimally treated. Actively engaged in promoting the prosperity of Memphis and Shelby County, MLGW supports the seven local chambers in its service area and makes doing business with local, minority- and women-owned business a priority. Deeply rooted in the community, its employees generously donate time and money in support of bettering the Greater Memphis area.

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