Central Electric Power Association

About Central Electric Power Association

Central Electric Power Association is headquartered in Carthage, Mississippi and provides electricity in 7 counties within Mississippi. Recently filed reports by the company showed a total customer base of 37,884 customers. Exactly 30,342 are residential customers, 7,534 are commercial customers and 8 are industrial accounts. Consumers of Central Electric Power Association pay an average residential electricity rate of 11.19 cents per kilowatt hour, which is 8.79% below Mississippi's average price of 12.27 cents and 24.59% below the national average of 14.84 cents. In 2021 they sold 890,240 megawatt hours by way of retail sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 929,852 megawatt hours procured by the company. In 2021, the provider made a total of $95,238,300 from business activities relating to the sale and transfer of electricity. They had 97.50% of their revenue coming from retail sales to end users.

Consumers of the supplier have an average monthly residential power bill of $141.44. This is 2.53% less than the Mississippi average of $144.77. The provider is not associated with any electricity generation plants and all of the electricity that they sell to their customers must be purchased from other providers.