Mississippi · Investor Owned

Mississippi Power Co Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

14.47¢
Avg residential price / kWh
157.4K
Residential customers
+8.0%
vs Mississippi average
$1,928
Implied avg annual bill

Mississippi Power Co charged an average of 14.47¢ per kWh to residential customers in 2024 - close to the Mississippi average and below the US average.

Mississippi Power Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Mississippi customer-weighted average (+8.0%). Its customers used above the national residential norm at about 13,323 kWh a year each.

How this price compares

Ranked by price against the 40 utilities reporting residential rates in Mississippi, Mississippi Power Co comes 37th of 40. The state's range runs from Prentiss County Elec Pwr Assn at 10.86¢ to Yazoo Valley Elec Power Assn at 16.33¢, so where a household sits inside Mississippi depends far more on which utility serves it than on the statewide average alone.

Against the 1 other investor owned utilities reporting in Mississippi, which averaged 13.21¢, Mississippi Power Co is above its own ownership class within the state (+9.5%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 40 reporting utilities.

Where Mississippi Power Co sits among Mississippi utilities

2024 average residential price across the 40 utilities reporting a rate in Mississippi

14.47¢/kWh 8th affordability percentile More affordable than 8% of 39 other utilities

Mississippi Power Co

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Mississippi Power Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Mississippi Power Co 14.47¢ -
Mississippi (customer-weighted, 40 utilities) 13.40¢ +8.0%
United States average 16.48¢ -12.2%
Investor Owned utilities nationally (183) 17.36¢ -16.6%

Rate against consumption: Mississippi utilities

Each dot is one of the 40 Mississippi utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Mississippi Power Co is highlighted. In Mississippi the cheapest rate belongs to Prentiss County Elec Pwr Assn (10.86¢) while the smallest implied annual bill belongs to City of Holly Springs ($1,136) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 40 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use -50050100150 -50050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 40 Mississippi utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Mississippi Power Co is highlighted. In Mississippi the cheapest rate belongs to Prentiss County Elec Pwr Assn (10.86¢) while the smallest implied annual bill belongs to City of Holly Springs ($1,136) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Scale and consumption

Mississippi Power Co reported 157.4K residential customers, ranking 2nd of 40 utilities in Mississippi by customers served and covering 12.1% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 13,323 kWh per customer per year - above the national residential norm, implying a typical annual bill near $1,928.

Within Mississippi the median reporting utility sells about 13,389 kWh per customer, so Mississippi Power Co customers use -0.5% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in Mississippi

All 40 utilities reporting bundled residential service in Mississippi, largest first, with Mississippi Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Mississippi, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Entergy Mississippi LLC Investor Owned 384.6K 13.21¢
Mississippi Power Co (this page) Investor Owned 157.4K 14.47¢
Coast Electric Power Assn - (MS) Cooperative 82.5K 13.81¢
Singing River Elec Cooperative Cooperative 72.3K 13.46¢
Southern Pine Electric Cooperative Cooperative 65.2K 14.01¢
Pearl River Valley El Pwr Assn Cooperative 52.1K 14.25¢
4-County Electric Power Assn Cooperative 41.1K 12.88¢
Dixie Electric Power Assn - (MS) Cooperative 37.8K 13.44¢
Tombigbee Electric Power Assn Cooperative 37.3K 12.23¢
Magnolia Electric Power Assn Cooperative 31.1K 15.00¢
Central Electric Power Assn - (MS) Cooperative 30.9K 12.22¢
Northcentral Mississippi E P A Cooperative 29.1K 12.52¢
North East Mississippi EPA Cooperative 26.1K 13.39¢
Southwest Mississippi E P A Cooperative 23.2K 15.03¢
Tallahatchie Valley E P A Cooperative 21.5K 12.41¢
Delta Electric Power Assn Cooperative 20.5K 13.75¢
Pontotoc Electric Power Assn Cooperative 16.4K 13.02¢
Alcorn County Elec Power Assn Cooperative 15.0K 12.92¢
City of Starkville Municipal 12.6K 12.08¢
Natchez Trace Elec Power Assn Cooperative 12.6K 12.80¢
Prentiss County Elec Pwr Assn Cooperative 11.0K 10.86¢
Tishomingo County E P A Cooperative 10.9K 12.75¢
City of Tupelo - (MS) Municipal 10.6K 11.01¢
Tippah Electric Power Assn Cooperative 10.5K 13.16¢
Monroe County Elec Power Assn Cooperative 10.2K 12.53¢
East Mississippi Elec Pwr Assn Cooperative 9.9K 14.26¢
Yazoo Valley Elec Power Assn Cooperative 9.5K 16.33¢
City of Holly Springs Municipal 9.4K 12.25¢
City of Columbus - (MS) Municipal 8.8K 12.01¢
City of Oxford - (MS) Municipal 8.5K 11.62¢
City of New Albany - (MS) Municipal 8.2K 12.39¢
Greenwood Utilities Comm Municipal 7.2K 11.27¢
City of Okolona Municipal 4.3K 12.82¢
City of West Point - (MS) Municipal 3.0K 12.23¢
City of Amory Municipal 2.8K 11.68¢
City of Philadelphia - (MS) Municipal 2.7K 11.74¢
City of Aberdeen - (MS) Municipal 2.6K 12.30¢
Louisville Electric System Municipal 2.4K 10.89¢
City of Water Valley - (MS) Municipal 1.5K 12.65¢
City of Macon - (MS) Municipal 892 12.96¢

For generation mix and price history statewide, see electricity rates in Mississippi.

Common questions about Mississippi Power Co rates

How much does Mississippi Power Co charge per kWh?
Mississippi Power Co reported an average residential price of 14.47¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Mississippi Power Co expensive compared with the rest of Mississippi?
Its average residential price is close to the Mississippi customer-weighted average of 13.40¢ per kWh, a difference of +8.0%. The state figure is weighted by customers across the 40 utilities reporting residential service in Mississippi.
What is the average electricity bill for Mississippi Power Co customers?
Dividing reported residential sales by residential customers gives about 13,323 kWh per customer per year. At the reported average price that implies roughly $1,928 a year, or about $161 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Mississippi Power Co?
EIA classifies Mississippi Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.