Electricity in Memphis, Texas at 500 kWh a month
Memphis is served by AEP Texas North, which means 163 competitive plans are available to your address and every one of them carries the same AEP Texas North delivery charges. At 500 kilowatt hours a month, the cheapest of them costs $51.07 a month and the most expensive costs $130 — a difference of $947.22 over a year for identical electricity delivered down identical wires.
- plans available
- 163
- cheapest year
- $612.78
- middle of the market
- $822.79
- with conditions attached
- 47 of 163
The ten cheapest plans in Memphis right now
Ranked by what twelve months actually cost at 500 kWh a month, not by advertised rate. The gap between those two orderings is the whole reason this list exists.
| # | Plan | Advertised | Really | A month | A year |
|---|---|---|---|---|---|
| 1 | Choose 3SPARK ENERGY LLC · 3 months | 10.9¢ | 10.2¢ | $51.07 | $612.78 |
| 2 | Essential Infusion FlexINFUSE ENERGY · 1 monthsThe rate is variable, so this price is only what they charge this month. | 9.8¢ | 10.3¢ | $51.52 | $618.26 |
| 3 | Companion Pro + Perks 3Companion Energy · 3 months | 10.0¢ | 10.3¢ | $51.76 | $621.18 |
| 4 | Gexa Eco Choice 3GEXA ENERGY · 3 months · 100% renewable | 10.0¢ | 10.3¢ | $51.76 | $621.18 |
| 5 | Frontier Power Saver 3FRONTIER UTILITIES · 3 months | 10.0¢ | 10.3¢ | $51.76 | $621.18 |
| 6 | Liberty Bell FlexREVOLUTION ENERGY LLC · 1 monthsThe rate is variable, so this price is only what they charge this month. | 9.8¢ | 10.4¢ | $51.97 | $623.66 |
| 7 | Essential Infusion Green FlexINFUSE ENERGY · 1 months · 100% renewableThe rate is variable, so this price is only what they charge this month. | 9.9¢ | 10.4¢ | $51.98 | $623.71 |
| 8 | Digital Choice 8RHYTHM · 8 months · 100% renewableThe $5 credit depends on staying on autopay and paperless billing; miss it once and the bill jumps. | 10.1¢ | 10.4¢ | $52.04 | $624.47 |
| 9 | No Bull 8Energy Texas · 8 months · 100% renewableThe $5 credit depends on staying on autopay and paperless billing; miss it once and the bill jumps. | 10.1¢ | 10.4¢ | $52.04 | $624.47 |
| 10 | Essential Infusion 3INFUSE ENERGY · 3 months | 9.9¢ | 10.5¢ | $52.33 | $627.92 |
The cheapest plan in Memphis, itemized
Where the money actually goes
| Energy charge · 800 kWh × 3.99¢ | $31.92 |
|---|---|
| AEP North delivery · 800 kWh × 5.5751¢ | $44.60 |
| AEP North delivery · monthly fee | $3.24 |
| What you would actually pay | $79.76 |
fact label read August 26, 2026
advertised10.9¢better for you10.2¢
SPARK ENERGY LLC advertises 10.9¢ per kilowatt hour for Choose 3. In August, when a Memphis house is running its air conditioning hardest, that becomes a $79.76 bill. Across the year it averages 10.2¢, because AEP Texas North charges $44.60 to deliver it and the retailer’s own monthly charge does not care how much you use.
Questions people in Memphis ask
- What is the cheapest electricity plan in Memphis?
- At 500 kilowatt hours a month, the cheapest plan whose fact label we have read in full in Memphis is Choose 3 from SPARK ENERGY LLC, at $612.78 over twelve months — an average of $51.07 a month, or 10.2¢ per kilowatt hour once AEP Texas North delivery charges and everything in the fact label are counted.
- Is the plan with the lowest advertised rate the cheapest?
- The plan with the lowest advertised rate among the labels we have read in full in Memphis is Simple Saver 3 from AP GAS & ELECTRIC (TX) LLC at 6.2¢, but priced properly it ranks 153 of 163 and costs $524.71 a year more than Choose 3.
- How much does the choice actually matter in Memphis?
- $947.22 a year between the cheapest and most expensive plan on the same usage. That is the same electricity, delivered by AEP Texas North down the same wires, metered by the same meter. The only thing that differs is the contract.
- Why is my bill higher than the advertised rate suggests?
- Three reasons, in order of size. AEP Texas North charges a fixed amount every month plus a rate per kilowatt hour to deliver electricity to your house, and that lands on your bill whichever retailer you pick. Many plans add their own monthly base charge on top. And plans that advertise a low rate often do it with a bill credit that only pays out above a usage threshold, so a mild month misses it entirely and the effective rate that month is far higher than advertised.
- Can I switch if I rent in Memphis?
- Yes, as long as the electricity account is in your name, which it usually is for a house or a small building. Your landlord does not choose your retailer. Nothing physical changes when you switch — no engineer visit, no interruption — because AEP Texas North keeps delivering the electricity either way. Only the company billing you changes.
- Should I take a twelve-month contract or stay month to month?
- In Memphis today the cheapest twelve-month plan works out to $55.41 a month and the cheapest month-to-month plan to $51.52. Month to month is cheaper right now, but that rate is variable and can be changed with a month's notice, which is exactly what happens to a lot of households after a hot summer.
Same delivery area
Other cities with the same plans and the same delivery charges
24 of the 163 plans sold in Memphis use a bill credit to make their advertised price look smaller, which is why we price every month separately. How we count.