30Y Mortgage7.24% Gold$3,919.8 Silver$49.59 Platinum$1,422 Palladium$955 BRK.B$556.11 ▲2.51%JPM$340.58 ▲1.05%LLY$1,410.99 ▼0.46%V$425.51 ▲2.88%WMT$127.69 ▲3.38%ORCL$119.22 ▼8.76%MA$658.10 ▲3.15%XOM$179.67 ▼4.05%JNJ$270.56 ▼0.97%TSM$398.63 ▼1.85%BTC$77,615 ▲1.04%ETH$2,284.33 ▲1.60%BNB$696.69 ▲0.11%XRP$1.27 ▲2.02%SOL$93.2 ▲1.80%TRX$0.32 ▲2.09%ZEC$1,203.82 ▲4.51%HYPE$85.17 ▲1.88%XMR$629 ▲3.69%DOGE$0.08 ▲1.76%30Y Mortgage7.24% Gold$3,919.8 Silver$49.59 Platinum$1,422 Palladium$955 BRK.B$556.11 ▲2.51%JPM$340.58 ▲1.05%LLY$1,410.99 ▼0.46%V$425.51 ▲2.88%WMT$127.69 ▲3.38%ORCL$119.22 ▼8.76%MA$658.10 ▲3.15%XOM$179.67 ▼4.05%JNJ$270.56 ▼0.97%TSM$398.63 ▼1.85%BTC$77,615 ▲1.04%ETH$2,284.33 ▲1.60%BNB$696.69 ▲0.11%XRP$1.27 ▲2.02%SOL$93.2 ▲1.80%TRX$0.32 ▲2.09%ZEC$1,203.82 ▲4.51%HYPE$85.17 ▲1.88%XMR$629 ▲3.69%DOGE$0.08 ▲1.76%

Mississippi electricity rates (August 2026)

Average residential and commercial electricity prices in Mississippi from EIA's monthly utility survey, with the trend, the largest utilities and what power costs a typical homeowner.

Residential rate
14.43¢
▲ 6.0% vs a year agoper kWh, August 2026; ranks 41 of 51 (1 = highest)
Commercial rate
13.45¢
per kWh, August 2026
Average home bill
$174
per month over the last 12 months, about 1,170 kWh
U.S. residential average
18.16¢
Mississippi is 21% below the U.S. average.

Find your utility's rate by ZIP

Mississippi vs U.S. residential rate

Cents per kWh by month, last 36 months.

Last 12 months in Mississippi

MonthResidentialCommercialU.S. residentialAvg kWhAvg bill
August 202614.43¢13.45¢18.16¢1,655$239
July 202614.54¢13.65¢18.31¢1,569$228
June 202614.88¢13.83¢18.34¢1,284$191
May 202616.16¢13.82¢18.44¢939$152
April 202616.76¢14.12¢18.86¢854$143
March 202616.30¢14.73¢18.60¢874$142
February 202614.72¢14.73¢17.65¢1,242$183
January 202614.24¢14.11¢17.45¢1,268$181
December 202514.14¢13.55¢17.11¢1,100$156
November 202515.30¢13.65¢17.77¢861$132
October 202514.45¢13.13¢17.95¢1,069$154
September 202513.96¢13.02¢18.05¢1,326$185

Largest utilities in Mississippi

Residential rates for the biggest utilities in Mississippi that report monthly to EIA, ordered by number of homes served, for August 2026.

UtilityTypeRateAvg kWhAvg billHomes
Entergy Mississippi LLCInvestor Owned14.78¢1,816$268386,422
Mississippi Power CoInvestor Owned15.07¢1,531$231159,297
Coast Electric Power Assn - (MS)Cooperative13.53¢1,797$24380,790
Singing River Elec CooperativeCooperative13.23¢1,610$21374,684
Southern Pine Electric CooperativeCooperative14.36¢1,499$21565,804
4-County Electric Power AssnCooperative13.20¢1,546$20442,293
City of Tupelo - (MS)Municipal11.76¢1,663$19610,554

What electricity adds to owning a home in Mississippi

A typical Mississippi home is valued at $194,531 (Zillow). With 10% down at this week's 7.24% 30-year rate, principal and interest come to about $1,193 a month. The average electric bill of $174 adds about 15% on top of that, or $2,086 a year. See Mississippi property tax and closing costs or run the monthly payment.

Bills follow the seasons: in Mississippi the highest-use month of the last year averaged 1,655 kWh per home and the lowest 854 kWh. Budget for the expensive months, not the average.

Common questions

What is the average electricity rate in Mississippi?

Homes in Mississippi paid an average of 14.43 cents per kWh in August 2026, 21% below the U.S. average of 18.16 cents (EIA Form 861M).

How much is the average electric bill in Mississippi?

Over the last 12 months the average Mississippi home used about 1,170 kWh a month and paid about $174 a month.

Have Mississippi electricity rates gone up?

The residential rate is 6.0% higher than in August 2025, when it was 13.61 cents per kWh.

What do businesses pay for electricity in Mississippi?

Commercial customers in Mississippi paid 13.45 cents per kWh in August 2026.

Related

Sources: U.S. Energy Information Administration (EIA), Form EIA-861M monthly sales and revenue (state and utility data, latest month August 2026; EIA marks recent months preliminary and may revise them); ZIP-to-utility map: OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zip Code (2024), CC BY 4.0. Rates are average revenue per kWh (total bill divided by kWh sold), so they include fixed and delivery charges. EIA posts each month about eight weeks after it ends; this page checks for new data every morning.

Free weekly email

Mortgage rates, home prices and saving tips, every week.

One short email with this week's rate move, local price trends and a plan to grow your down payment. Unsubscribe anytime.

Free. Sent by Kit. Unsubscribe anytime. Privacy