Magnolia Electric Power Association: Rates and Coverage Area

Magnolia Electric Power Association

Electricity Rates, Plans & Statistics

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About Magnolia Electric Power Association

Magnolia Electric Power Association is an electric cooperative. The largest city serviced by the supplier is McComb, but the company also provides electricity to 5 cities in Mississippi. A total of 32,798 customers (30,653 residential properties, 2,134 commercial accounts and 11 industrial properties) receive electricity from the supplier. Magnolia Electric Power Association has an average residential electricity rate of 14.12 cents per kilowatt hour, resulting in the company ranking 39th out of 50 providers in the state and 1730th out of 2892 in the country. There were a total of 656,114 megawatt hours sold through retail sales in 2022 by the company. The electricity sourced by the company is made up primarily of megawatt hours they acquired via the wholesale market. Of the electricity sourced whole purchased made up 100.00%. The revenue for Magnolia Electric Power Association for 2022 from electricity sales was $81,503,000, with $77,395,000 from retail sales to end users.

The Mississippi average monthly residential power bill is $160.81, while the Magnolia Electric Power Association average is 3.20% higher at $156.47 per month. Magnolia Electric Power Association is the 26th ranked supplier in the state for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.

Magnolia Electric Power Association Net Metering

Consumers of Magnolia Electric Power Association can take advantage of net metering, which is a positive for both parties. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their unneeded wattage into the grid.

Energy Loss

Companies routinely submit reports for energy lost through heat dissipation and other causes to government agencies who track electricity grid efficiencies. Magnolia Electric Power Association recently reported a loss of 8.03% of the electricity generation total. These averages enable us to compare and contrast the grid efficiencies of the suppliers who operate throughout the United States. Magnolia Electric Power Association has received a rank of 1342nd best out of 3517 suppliers who report energy loss in the United States.

Magnolia Electric Power Association Rate & Electric Bills

Magnolia Electric Power Association residential electric rates are highest in March and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.150/kWh$0.115/kWh$219.51/mo.$106.59/mo.
1730th14.12¢Magnolia Electric Power Association's Average residential price per kWh
2395th$156.47Average monthly electricity bill for Magnolia Electric Power Association's residential customers

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Magnolia Electric Power Association Overview

  • Company Type:Cooperative
  • Headquarters:3027 Highway 98 West
    Summit, Mississippi 39666
    United States of America
  • CEO:Darrell Smith

Magnolia Electric Power Association Contact

Magnolia Electric Power Association Service

Energy Loss

Magnolia Electric Power Association's energy loss due to business operations.

-8.03%

Total Energy Loss

57,481MWh

1342 National Rank

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Magnolia Electric Power Association Coverage Map

Coverage Map Placeholder

Magnolia Electric Power Association State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Mississippi32,79882,515,991.6116100%

Magnolia Electric Power Association County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Amite County12,718313.95$158.27/mo
Franklin County7,705314.38$154.87/mo
Lawrence County12,055413.78$163.75/mo
Lincoln County34,910414.06$157.34/mo
Pike County40,262213.94$157.79/mo
Walthall County13,981313.99$157.40/mo

Cities Magnolia Electric Power Association Has Coverage

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

Magnolia Electric Power Association Reviews

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Magnolia Electric Power Association FAQ:

What is the phone number for Magnolia Electric Power Association?

You can reach Magnolia Electric Power Association by phone via (601) 684-4011.

What is the average bundled electricity rate for Magnolia Electric Power Association customers?

The average bundled price of electricity for customers of Magnolia Electric Power Association is 14.12 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for Magnolia Electric Power Association customers each month?

Magnolia Electric Power Association currently has an average monthly bundled electric bill of $156.47, compared to the Mississippi average of $160.81 and the nationwide of $160.81 for bundled service.

How many counties does Magnolia Electric Power Association sell electricity to?

Magnolia Electric Power Association sells electricity to customers in 6 counties throughout the nation.

Who is the CEO of Magnolia Electric Power Association?

Darrell Smith is the current CEO of Magnolia Electric Power Association.

What cities does Magnolia Electric Power Association provider electricity in?

Magnolia Electric Power Association provides electricity to 5 cities in the nation including Mississippi.

Fernando García
Last Reviewed By: Fernando García
Published: 2024-05-23