Coast Electric: Rates and Coverage Area

Coast Electric

Electricity Rates, Plans & Statistics

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About Coast Electric

Coast Electric provides electricity to 4 counties and is classified as an electricity cooperative. Coast Electric has an average residential electricity rate of 13.46 cents per kilowatt hour. While this is above the state average rate of 13.44 cents per kilowatt hour, it is less than the US average of 15.64 cents. The company sold 1,826,921 megawatt hours in 2022 via retail sales. During the same timeframe, Coast Electric obtained 1,929,857 megawatt hours by way of wholesale electricity channels. In 2022, the supplier earned a total of $210,116,000 from retail electricity sales.

The average residential power bill for a customer of Coast Electric is $167.15 per month. Consumers of the supplier pay 10.63% more compared to the rest of the state. Electricity generation is not part of the Coast Electric business plan, as they purchase electricity at wholesale rates to then be resold to their customers.

Coast Electric Net Metering

Customers of Coast Electric are able to take advantage of net metering, which is a positive for both parties. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra energy back into the grid.

Energy Loss

Coast Electric reported a yearly loss of about 5.17% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity generation industry and electricity providers must report these losses. Coast Electric's energy loss numbers place them at of 18th best out of the 48 providers that operate in Mississippi and report energy loss and 927th best out of 3517 in the country.

Coast Electric Rate & Electric Bills

Coast Electric residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.147/kWh$0.108/kWh$222.25/mo.$106.33/mo.
1707th13.46¢Coast Electric's Average residential price per kWh
2589th$167.15Average monthly electricity bill for Coast Electric's residential customers

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Coast Electric Overview

  • Company Type:Cooperative
  • Headquarters:18020 Highway 603
    Kiln, Mississippi 39556
    United States of America
  • CEO:Ron Barnes

Coast Electric Contact

Coast Electric Service

Energy Loss

Coast Electric's energy loss due to business operations.

-5.17%

Total Energy Loss

99,684MWh

927 National Rank

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Coast Electric Coverage Map

Coverage Map Placeholder

Coast Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Mississippi89,051232,403,0005100%

Coast Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Hancock County45,911213.32$167.00/mo
Harrison County211,044313.47$165.70/mo
Pearl River County55,972313.41$165.58/mo
Stone County18,356313.43$161.76/mo

Cities Coast Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Coast Electric Reviews

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Coast Electric FAQ:

How much is the average bundled bill for Coast Electric customers each month?

Coast Electric currently has an average monthly bundled electric bill of $167.15, compared to the Mississippi average of $153.04 and the US of $153.04 for bundled service.

What is the average bundled electricity rate for Coast Electric customers?

Coast Electric's current average bundled electricity rate is 13.46 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.44 cents and the average nationwide rate of 15.64 cents.

What is the phone number for Coast Electric?

The Coast Electric phone number is (877) 769-2372.

How many counties does Coast Electric supply electricity in?

Coast Electric supplies electricity to customers in 4 counties throughout the nation.

What cities does Coast Electric sell electricity in?

Coast Electric serves 10 cities throughout the United States.

Who is the CEO of Coast Electric?

Coast Electric's current CEO is Ron Barnes.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2023-12-06