The average residential electricity rate in Mississippi (MS) is $0.1238 per kWh as of April 2026, according to the US Energy Information Administration (EIA). This is far below the national average of $0.1805/kWh, ranking Mississippi #8 out of 51 (all 50 states plus Washington DC), where #1 is the cheapest and #51 is the most expensive. The average Mississippi household consumes 1,204 kWh per month, resulting in a monthly electric bill of approximately $149 and annual electricity costs of about $1,788.
Mississippi has the second-highest per-household electricity consumption due to hot, humid climate.
This comprehensive guide covers Mississippi electricity rates, historical trends, utility providers, bill calculation, solar savings potential, and actionable tips to reduce your electric bill. All rate data is sourced from the US EIA and updated monthly. Use our electricity cost calculator for personalized estimates.
Mississippi residential electricity rates have increased 17% over the past six years. The table below shows the trajectory compared against the national average.
| Year | Mississippi ($/kWh) | National Avg | Difference |
|---|---|---|---|
| 2020 | $0.1057 | $0.1322 | -20% |
| 2022 | $0.1160 | $0.1492 | -22% |
| 2024 | $0.1200 | $0.1680 | -29% |
| Apr 2026 | $0.1238 | $0.1805 | -31% |
Mississippi has a regulated electricity market. The primary providers are: Mississippi Power, Entergy Mississippi, TVA Distributors.
Mississippi generates electricity from: Natural gas 73%, Nuclear 10%, Coal 6%, Solar 6%, Other 5%.
Your monthly electric bill = kWh Used × Rate per kWh. The average Mississippi household uses 1,204 kWh/month.
Mississippi has some of the lowest electricity rates in the Southeast. Both utilities rely heavily on cheap natural gas.
Universal strategies: adjust thermostat 2-3 degrees (saves 5-10% on HVAC), switch to LEDs (see our LED savings calculator), unplug phantom loads (saves $100-200/year), and run major appliances during off-peak hours if your utility offers time-of-use pricing. For larger investments, consider a heat pump, better insulation, or a smart thermostat.
Mississippi receives 4.8 peak sun hours/day. A 6 kW system produces ~8,620 kWh/year, saving ~$1,067/year. With the 30% federal ITC, payback is typically 8-12 years. Use our solar panel calculator and solar ROI calculator for personalized estimates.
| State | Rate ($/kWh) | Avg Bill | Market |
|---|---|---|---|
| Mississippi (MS) | $0.1238 | $149 | Regulated |
| Alabama (AL) | $0.1588 | $178 | Regulated |
| Arkansas (AR) | $0.1148 | $133 | Regulated |
| Louisiana (LA) | $0.1244 | $156 | Regulated |
| Tennessee (TN) | $0.1212 | $149 | Regulated |
Data source: US Energy Information Administration (EIA), Electric Power Monthly, April 2026. Rates shown are average residential rates and may differ from your specific utility tariff. Solar estimates assume a 6 kW system with 82% efficiency factor. Always verify current rates with your utility provider.