State electricity profile · 2024

Mississippi Electricity

Homes in Mississippi pay 13.39¢/kWh for residential electricity, 18.8% below the US average. Further down: commercial and industrial rates and the generation mix, all EIA-sourced.

13.39¢/kWh
Residential rate
-18.8%
vs US average
3%
Renewable
1.3M
Customers

The verdict · 2024

Mississippi's residential electricity runs 13.39¢/kWh - 18.8% below the 16.48¢/kWh national average, cheaper than 71% of states, with 3% of its power from renewables.

Rate is the EIA state average across all 1.3M residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.

What Mississippi's Electricity Data Tells Us

For 2024, EIA data puts Mississippi's residential electricity rate at 13.39¢/kWh, spread across 1.3M metered households, a gap of 18.8% under the national residential average (16.48¢/kWh). Commercial rates sit at 12.32¢/kWh with industrial power priced at 6.81¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. 18.6M MWh of residential power was sold over the year on roughly $2.5B in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

natural gas dominates Mississippi's generation mix, supplying 78.9% of in-state production; the runner-up is nuclear, at 14.0%, plus coal at 4.4%. Across solar, wind, hydro, geothermal, and biomass, renewables account for 2.7% of electricity generated in Mississippi, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Legacy fuels still dominate here, which tends to tie retail rates to commodity cycles.

Looking back across EIA records, residential prices in Mississippi moved from 10.47¢/kWh in 2016 to 13.39¢/kWh in 2024, a 27.9% shift over that window. Looking for peers at a similar rate? Iowa, Missouri, South Dakota are close matches. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.

-18.8%

vs the US residential average

71%

of states have higher residential rates

3%

renewable share, below the US mix

1.3M

residential customers served

How Mississippi compares

Residential
Mississippi 13.39¢
US average 16.48¢
-19% vs benchmark
Commercial
Mississippi 12.32¢
US average 12.75¢
-3% vs benchmark
Industrial
Mississippi 6.81¢
US average 8.13¢
-16% vs benchmark

Cents per kWh, EIA Form 861. Pick a benchmark above to compare Mississippi against the US average or a peer state.

Residential Price History

Year Price Change
2024 13.39¢/kWh +1.2%
2023 13.23¢/kWh +6.6%
2022 12.41¢/kWh +7.4%
2021 11.56¢/kWh +3.5%
2020 11.17¢/kWh -0.9%
2019 11.27¢/kWh +1.3%
2018 11.12¢/kWh +0.4%
2017 11.08¢/kWh +5.8%
2016 10.47¢/kWh -

Energy Generation Mix

How Mississippi generates its electricity. Renewable sources account for 2.7% of generation.

  • Natural Gas78.9%
  • Nuclear14.0%
  • Coal4.4%
  • Solarrenewable2.3%
  • Windrenewable0.5%

Market Overview

Residential Revenue

$2.5B

Commercial Revenue

$1.7B

Residential Sales

18.6M MWh

Residential Customers

1.3M

Frequently Asked Questions

How much does electricity cost in Mississippi?
Residential electricity in Mississippi costs 13.39¢/kWh (2024), which is 18.8% below the national average. Commercial rate: 12.32¢/kWh. Industrial rate: 6.81¢/kWh.
How much of Mississippi's electricity is renewable?
Renewable sources account for 2.7% of Mississippi's electricity generation (2024). The top source is natural gas at 78.9%.
Are electricity prices going up in Mississippi?
From 2016 to 2024, residential electricity in Mississippi changed from 10.47¢/kWh to 13.39¢/kWh (+27.9%).
What are commercial and industrial electricity rates in Mississippi?
Commercial electricity in Mississippi costs 12.32¢/kWh and industrial costs 6.81¢/kWh (2024).
What is the cheapest energy source in Mississippi?
Mississippi's electricity generation is led by natural gas at 78.9% of the mix, followed by nuclear at 14.0% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's Mississippi electricity data come from?
All electricity price and generation data comes from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. Data is updated annually.

Using Mississippi's numbers

This is the state average, use it as a benchmark, not a quote for your address.

  • Mississippi sits 18.8% below the national average, see exactly where it lands among all 50 states. See the rankings
  • Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Mississippi price trend
  • Compare Mississippi side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator

Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult 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. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.