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
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
| Benchmark | Price / kWh | Difference |
|---|---|---|
| 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
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.
| 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.