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 38,271 customers. Exactly 30,520 are residential customers, 7,743 are commercial customers and 8 are industrial accounts. Consumers of Central Electric Power Association pay an average residential electricity rate of 12.36 cents per kilowatt hour, which is 8.03% below Mississippi's average price of 13.44 cents and 20.94% below the national average of 15.64 cents. In 2022 they sold 937,433 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 997,144 megawatt hours procured by the company. In 2022, the provider made a total of $109,207,900 from business activities relating to the sale and transfer of electricity. They had 97.64% of their revenue coming from retail sales to end users.

Consumers of the supplier have an average monthly residential power bill of $156.77. This is 2.81% more than the Mississippi average of $153.04. 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. The grid operated by the company experiences an average of 5.37 outages per consumer each year, with outages lasting roughly 333.56 minutes. The nationwide average for other providers is 1.27 outages per customer and about 137.24 minutes an outage.