Alcorn County Electric Power Association

About Alcorn County Electric Power Association

Alcorn County Electric Power Association is an electric cooperative headquartered in Corinth, Mississippi and serving customers in Mississippi. The supplier has 6 industrial customers, 14,803 residential accounts and 4,146 commercial customers in their service area. Alcorn County Electric Power Association has an average residential electricity rate of 12.76 cents per kilowatt hour, which is 5.06% less than the average Mississippi price of 13.44 cents and 18.39% less than the nationwide average of 15.64. In 2022 the company sold 585,498 megawatt hours via retail sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 613,647 megawatt hours procured by the company. Their revenue for 2022 from electricity related activities was $65,692,400, with 93.89% coming from retail sales to end users.

The average residential electric bill for a customer of Alcorn County Electric Power Association is $155.26 per month, while the national average is $132.69. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end users.