Mississippi Power Co electricity rates
Mississippi Power Co charges an average of 14.47 cents per kilowatt-hour to residential customers, and the average household on its system paid $161 a month using 1,110 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.
Investor-owned utility SOCO Mississippi
Where Mississippi Power Co sits
It serves 157,437 residential customers in Mississippi. Its 14.47¢ per kilowatt-hour sits 10.5% below the Mississippi average of 16.16¢.
Its customers use more electricity than the national norm, 1,110 kilowatt-hours a month against 871, which amplifies whatever the rate does.
A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.
| Rate | Monthly bill | Monthly kWh | |
|---|---|---|---|
| Mississippi Power Co | 14.47¢ | $161 | 1,110 |
| Mississippi average | 16.16¢ | $169 | 1,159 |
| United States average | 18.44¢ | $155 | 871 |
Utility figures: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024. State and national figures: Electric Power Monthly, May 2026. Methodology
Where Mississippi Power Co delivers
Its service territory covers 23 Mississippi counties, either wholly or in part. Utility boundaries follow historic franchise agreements rather than county lines, so a county appearing here does not mean every address in it is served by Mississippi Power Co.
- Clarke
- Covington
- Forrest
- George
- Greene
- Hancock
- Harrison
- Jackson
- Jasper
- Jefferson Davis
- Jones
- Lamar
- Lauderdale
- Leake
- Marion
- Neshoba
- Newton
- Pearl River
- Perry
- Scott
- Smith
- Stone
- Wayne
How often the power goes out
In 2024 the average Mississippi Power Co customer went 124 minutes without electricity across 1.12 interruptions. The median across the 941 utilities that report this is 185 minutes.
That is better than the typical American utility, though the figure includes major storm days and can move sharply from one year to the next.
Rooftop solar on this system
496 residential customers had net-metered solar in 2024, totalling 4.85 megawatts. That works out to 3.2 installations per thousand customers, against a median of 8 across the utilities reporting it.
Adoption is below the national median. A low retail rate reduces what solar displaces, and export compensation set at avoided cost rather than the retail rate reduces it further. What exports are actually worth.
Other Mississippi utilities
| Utility | Rate | Bill | Customers |
|---|---|---|---|
| Entergy Mississippi LLC | 13.21¢ | $157 | 384,611 |
| Coast Electric Power Assn | 13.81¢ | $171 | 82,510 |
| Singing River Elec Cooperative | 13.46¢ | $162 | 72,343 |
| Southern Pine Electric Cooperative | 14.01¢ | $163 | 65,176 |
| Pearl River Valley El Pwr Assn | 14.25¢ | $171 | 52,077 |
Mississippi Power Co rates: common questions
How much does Mississippi Power Co charge per kilowatt-hour?
An average of 14.47 cents per kilowatt-hour across its residential customers in 2024. That is -10.5% against the Mississippi average of 16.16¢ and -21.5% against the national average of 18.44¢. It is an all-in average across every residential rate schedule the utility offers, not a specific tariff.
What is the average Mississippi Power Co bill?
$161 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 1,110 kWh a month. The national average bill is $155 at 871 kWh.
Who owns Mississippi Power Co?
It is classified by the EIA as a investor-owned utility. A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested.
Is Mississippi Power Co expensive compared with other Mississippi utilities?
It ranks #4 of the 39 Mississippi utilities covered here, counting from the most expensive. Nationally it ranks #493 of 1369.