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Memphis News & Weather | Memphis, TN | WATN - localmemphis.com

MLGW to lower rates for one year

Individual customers can expect a savings of $2 per month.

Memphis Light, Gas and Water announces new electric rate schedules effective for most customers. 

The new schedules are a result of a temporary, 1-year, 2.5% power cost decrease by TVA, saving MLGW customers approximately $20 million or 1.6% on their cumulative electric bills. 

Individual customers can expect a savings of $2 per month.

The rate schedules can be viewed on MLGW’s website: mlgw.com/residential/residentialrates.

Memphis Light, Gas and Water is the nation's largest three-service municipal utility, serving more than 420,000 customers. Since 1939, MLGW has met the utility needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas and water service. In fact, MLGW's rates are lower than those of many comparable cities.