What is the average electricity rate in New Hope, Tennessee?

The average residential electricity rate in New Hope is approximately 13.75¢/kWh per kWh. The average household pays around $124 per month for electricity.

What is the average natural gas bill in New Hope?

Natural gas customers in New Hope pay an average of $69 per month. The rate is approximately $1.04/therm per therm.

Which electric company serves New Hope, Tennessee?

Electricity in New Hope is distributed by Tennessee Valley Authority (TVA) and Nashville Electric Service (NES). Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves New Hope?

New Hope natural gas service is provided by Piedmont Natural Gas (Duke Energy) and Atmos Energy Tennessee. Call them directly for new service connections or to report a gas leak.

How do New Hope electricity rates compare to Tennessee averages?

New Hope's electricity rate of 13.75¢/kWh is below the Tennessee state average of 14.47¢/kWh. This can reflect a municipal utility or favorable regional generation mix.

How do I start or stop utility service in New Hope?

To start electric service in New Hope, contact Tennessee Valley Authority (TVA) and Nashville Electric Service (NES). For gas service, contact Piedmont Natural Gas (Duke Energy) and Atmos Energy Tennessee. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.

New Hope, Tennessee Gas & Electricity Rates — Utility Providers & Savings 2026

Gas & Electricity in New Hope, Tennessee

New Hope residents in Tennessee receive electric service through Tennessee Valley Authority (TVA) and natural gas distribution from Piedmont Natural Gas (Duke Energy). Tennessee's energy assistance programs, including LIHEAP and weatherization, are available to income-qualified New Hope households.

Compared to the Tennessee state average of 14.47¢/kWh/kWh, New Hope's electricity rate of 13.75¢/kWh is 0.72¢ below the Tennessee average. As Tennessee has a regulated market, your utility is determined by your address.

Electric Utility in New Hope

Tennessee Valley Authority (TVA)
Nashville Electric Service (NES)
Memphis Light Gas & Water (MLGW)
Knoxville Utilities Board (KUB)

Natural Gas Utility in New Hope

Piedmont Natural Gas (Duke Energy)
Atmos Energy Tennessee
Memphis Light Gas & Water

New Hope vs Tennessee Energy Rates

Metric	New Hope	Tennessee Average	US Average
Electric Rate (¢/kWh)	13.75¢	14.47¢	16.00¢
Gas Rate ($/therm)	$1.04	$1.03	$1.47
Monthly Electric Bill	$124	$130	$117
Monthly Gas Bill	$69	$68	$73

Energy Assistance Programs for New Hope Residents

As a Tennessee city, New Hope residents can access the following state and local assistance programs:

✅ Tennessee LIHEAP
✅ Low Income Home Energy Assistance
✅ Dollar Energy Fund
✅ TVA EnergyRight Solutions

Energy-Saving Tips for New Hope Residents

✓ Run your AC on a "dry" mode or use a standalone dehumidifier — moisture makes heat feel worse.
✓ Clean or replace AC filters monthly during summer to maintain airflow and efficiency.
✓ Consider a mini-split heat pump — it's highly efficient for both cooling and mild-winter heating.
✓ Install Energy Star certified windows to reduce solar heat gain.
✓ Use exhaust fans in bathrooms and kitchens to remove humidity at the source.

FAQ — Gas & Electricity in New Hope, Tennessee

The average residential electricity rate in New Hope is approximately 13.75¢/kWh per kWh. The average household pays around $124 per month for electricity.
Natural gas customers in New Hope pay an average of $69 per month. The rate is approximately $1.04/therm per therm.
Electricity in New Hope is distributed by Tennessee Valley Authority (TVA) and Nashville Electric Service (NES). Contact your provider at your local service address to confirm which utility serves your home.
New Hope natural gas service is provided by Piedmont Natural Gas (Duke Energy) and Atmos Energy Tennessee. Call them directly for new service connections or to report a gas leak.
New Hope's electricity rate of 13.75¢/kWh is below the Tennessee state average of 14.47¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
To start electric service in New Hope, contact Tennessee Valley Authority (TVA) and Nashville Electric Service (NES). For gas service, contact Piedmont Natural Gas (Duke Energy) and Atmos Energy Tennessee. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.