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Mississippi Electricity Prices

Average retail price by sector.

Residential
14.88¢ /kWh
▲ 5.8%vs. last year
Commercial
13.83¢ /kWh
▲ 6.4%vs. last year
Industrial
8.29¢ /kWh
▲ 9.4%vs. last year

Data current through June 2026 — the latest available from the U.S. EIA, which publishes monthly figures on a roughly two-month delay.

Average monthly bill

Full bill breakdown →
$170per month▲ 6.1% vs. the year before

14.66¢/kWh × 1,159 kWh a month. Residential revenue divided by residential customers, averaged over the 12 months to June 2026 — the 9th highest among the 50 states and DC.

Compared with the U.S. and neighboring states

Average monthly residential electricity bill, in US dollars
Mississippi
$170
U.S. average
$156
Alabama
$185
Tennessee
$163
Louisiana
$156
Arkansas
$139

Mississippi is $14 a month above (+9.1%) the U.S. average of $156. Average monthly bill, July 2025 – June 2026.

How Mississippi makes its electricity

Fuel mix & 10-year trend →Power plants →
Renewable
6.7%
Carbon-free
19.8%
Largest source
Natural gas 76%
Mississippi electricity generation by source, July 2025 – June 2026
SourceShareGeneration
Natural gas75.7%58,662 GWh
Coal4.5%3,471 GWh
Nuclear13.1%10,151 GWh
Wind0.7%527 GWh
Solar4.3%3,294 GWh
Hydro0.0%0 GWh
Other1.7%1,347 GWh

77.5 TWh of net generation over the 12 months to June 2026. Generation, not consumption — power crosses state lines.

Mississippi electricity prices in context

In May 2026, Mississippi's residential electricity rate stood at 16.16¢/kWh, ranking 28th among the 50 states and DC, with 16.16¢/kWh in residential, 13.82¢/kWh in commercial, and 7.50¢/kWh for industrial users. The state's rate ran 12.4% below the national average of 18.44¢/kWh, a difference of 2.28¢/kWh. Of the four bordering states, only Alabama at 16.77¢/kWh came close; Tennessee at 14.47¢/kWh, Arkansas at 14.36¢/kWh, and Louisiana at 14.15¢/kWh all charged less.

The price has climbed substantially over time. Since May 2021, the rate rose 31.9% from 12.25¢/kWh. Over the past twenty years since May 2006, it increased 58.4% from 10.20¢/kWh. Stretching back to records beginning in January 2001, the rate has grown 150.5% from 6.45¢/kWh, which remains the lowest on record. The most recent peak came in April 2026 at 16.76¢/kWh, just above the current May level. In May 2026 alone, the rate climbed 8.9% year over year.

Monthly residential bills in Mississippi averaged $169 on usage of 1,159 kWh, exceeding both the national average bill of $155 and the national average consumption of 871 kWh. The combination of a below-average rate and above-average usage meant the total bill ran higher than the national figure despite cheaper per-unit electricity.

Written from the EIA figures on this page, covering data through May 2026.

12-month trend

ResidentialCommercialIndustrial
6.5¢9.2¢12¢15¢18¢Jul '25Oct '25Jan '26Mar '26Jun '26ResidentialCommercialIndustrial

Price history since 2001

ResidentialCommercialIndustrial
3.0¢6.7¢10¢14¢18¢Jan '01May '07Oct '13Feb '20Jun '26ResidentialCommercialIndustrial

Average retail price in all three sectors, every month since January 2001.

Residential

Jan '01
6.45¢
Now
14.88¢
Change
▲ 130.7%
Range
6.45–16.76¢

Recent months

MonthResidentialCommercialIndustrial
June 202614.8813.838.29
May 202616.1613.827.50
April 202616.7614.127.46
March 202616.3014.737.56
February 202614.7214.737.54
January 202614.2414.117.58
December 202514.1613.417.47
November 202515.3313.527.42
October 202514.4713.007.25
September 202513.9712.897.57
August 202513.5912.757.49
July 202513.5812.737.61

Prices in ¢/kWh.

Frequently asked questions

›How much does electricity cost in Mississippi?
Residential electricity in Mississippi costs 14.88¢ per kilowatt-hour as of June 2026, the 40th highest rate among the 50 states and DC. Commercial customers pay 13.83¢ and industrial customers 8.29¢ per kilowatt-hour.
›Why is electricity relatively cheap in Mississippi?
Mississippi's residential rate of 14.88¢/kWh is -16.9% versus the U.S. average of 17.92¢/kWh. What a household actually pays also depends on how much it uses: the typical Mississippi home consumes 1,159 kWh a month against a national average of 870 kWh, which is why its average bill comes to $170.
›Have electricity prices in Mississippi gone up?
Residential electricity in Mississippi has moved +130.7% since 2001, reaching 14.88¢/kWh in June 2026. Over the last year alone the change was +5.8%.
›Is electricity cheaper in states neighboring Mississippi?
Of the states bordering Mississippi, Arkansas has the lowest average monthly bill at $139 and Alabama the highest at $185. Mississippi averages $170 a month, against a U.S. average of $156.