EIA data through August 2026 · updated 2026-10-29

Magnolia Electric Power Assn electricity rates

Magnolia Electric Power Assn (cooperative) residential customers paid about 15.0¢ per kWh (2024 average) — an average bill of $165 for 1,098 kWh a month.

Avg. home price15.0¢per kWh
Residential customers31,070MS, 2024
Avg. monthly use1,098kWh
Commercial14.9¢per kWh
Industrial8.5¢per kWh

What a month costs with Magnolia Electric Power Assn

500 kWh / month$75
900 kWh / month$135
1,200 kWh / month$180

Monthly cost at the average price of 15.0¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

10¢12¢14¢16¢18¢20¢20222023202420252026Mississippi averageU.S. average 10¢12¢14¢16¢18¢20¢20222023202420252026Mississippi averageU.S. average
Mississippi averageU.S. average
Aug 202614.4¢per kWh
vs. 1 year ago+6%13.6¢
vs. 5 years ago+25.9%11.5¢
Record high16.8¢Apr 2026
Avg. home bill$2391,655 kWh, Aug
EIA forecast, East South Central14.7¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East South Central region, which includes Alabama, Kentucky, Mississippi, Tennessee.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is Magnolia Electric Power Assn’s electricity rate?

About 15.0¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average Magnolia Electric Power Assn electric bill?

$165 a month in 2024, for an average of 1,098 kWh (EIA-861).

Is Magnolia Electric Power Assn cheaper than the Mississippi average?

No: 15.0¢ versus the Mississippi average of 14.4¢ (Aug 2026).