Memphis Light, Gas and Water’s (MLGW) “Comparative Rates Survey” showed that the company’s combined rates are among the lowest in the country.
“Providing our customers great value through affordable rates, along with immediate improvements to reliability and customer service are important parts of earning our customers’ business.” said MLGW president and CEO Doug McGowen
According to MLGW, this survey compares Memphis’ combined electric, gas, and water utility rates to 39 other cities in the country that were “geographically close to Memphis, as well as utilities that are similar in size to MLGW.” Among those cities were Atlanta, Georgia, Jackson, Mississippi, Nashville, Tennessee, and Houston, Texas.
The survey stated that some of the guidelines used in providing utility figures were calculations based on monthly consumption and seasonal rates when applicable. Factors such as special early payment discounts and time differentiated rates were excluded.
Memphis ranked number-one in “typical residential winter bills,” which measured what a homeowner would pay for 1,000 kWh of electricity, 200 CCF of natural gas, and 10 CCF, which came in at $253.83. The second ranked city, St. Louis, Missouri had a cost of $356.49.
For residential electric bills, MLGW ranked eighth among the other cities surveyed. This was measured in kilowatts per hour, which equals ten 100-watt light bulbs staying on for an hour. The cost of 1,000 kWh for MLGW was totaled at $115.98, with the number-one ranking, St. Louis’ Ameren Missouri costing $95.96.
In terms of natural gas, Memphis and MLGW ranked first in residential gas bills and general service gas bills. The company ranked third for residential water bills.
