Mississippi Electricity Prices

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.