Mississippi · Investor Owned · investor

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

Among 194 utilities with 100,000 or more residential customers, Mississippi Power Co ranks #104 by average cents per kWh and #141 by residential customers. Mississippi Power Co charged an average of 14.47¢ per kWh to residential customers in 2024 - close to the Mississippi average and below the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. 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.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release MS-2024 · Mississippi Power Co ABOVE STATE

Mississippi Power Co · Form 861 2024 · ABOVE STATE

  • RATE 14.47¢/kWh
  • RANK #37/40
  • VS-ST +8.0%
  • VS-US -15.4%
  • CUST 157k
  • BILL $1,928
  • OWN IOU
  • PHOTO CO 0.02¢
  • BOOK 141/194

Nearest Form 861 price peer: City of Colorado Springs - (CO) (CO) (-0.02¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Mississippi rates

Mississippi Power Co in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • CO
    14
  • this util
    14
  • NV
    15
  • SC
    15
  • TX
    15

What this shows Mississippi Power Co reports 14.47¢/kWh, corpus customer-rank 141 of 194.

Source EIA Form 861 residential survey As of 2024
F11/100

RateWatt cost context

How Mississippi Power Co compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Mississippi; the state generation context is shown separately.

Price against state peers
8/100

14.47¢/kWh · median 12.77¢/kWh

Implied annual bill against state peers
21/100

$1,928/yr · median $1,722/yr

State renewable generation context
4/100

4.4% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

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, whose customer-weighted average is 13.21¢, Mississippi Power Co is above its own ownership class within the state (+9.5%).

State price distribution

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%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ -15.4%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ -21.2%

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 050100150 050100150 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.

Territory and usage

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 - -0.5% against the Mississippi median of 13,389 kWh , implying a typical annual bill near $1,928.

State peers

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.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Mississippi, these indexable investor owned utilities report the closest residential averages to Mississippi Power Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside Mississippi nearest in residential price
Utility State Customers Avg ¢/kWh
Sierra Pacific Power Co Nevada 330.9K 14.52¢
Dominion Energy South Carolina, Inc South Carolina 696.4K 14.59¢
Puget Sound Energy Inc Washington 1.1M 14.63¢
Evergy Kansas Central, Inc Kansas 341.8K 14.29¢
Tampa Electric Co Florida 757.3K 14.67¢

FAQ

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, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

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 and comparing utility costs across states .

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, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.