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 33,852 customers (31,534 residential properties, 2,305 commercial accounts and 13 industrial properties) receive electricity from the supplier. Magnolia Electric Power Association has an average residential electricity rate of 14.16 cents per kilowatt hour, resulting in the company ranking 42nd out of 50 providers in the state and 1563rd out of 2885 in the country. There were a total of 673,517 megawatt hours sold through retail sales in 2023 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 2023 from electricity sales was $85,348,000, with $81,937,000 from retail sales to end users.
The Mississippi average monthly residential power bill is $156.14, while the Magnolia Electric Power Association average is 6.01% higher at $164.69 per month. Magnolia Electric Power Association is the 37th 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.
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.
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 2.77% 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 462nd best out of 3530 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 April and the highest average bill is in August.
Historical Electricity Rates:
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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
- Website:www.mepcoop.com
- Customer Service Phone:(601) 684-4011
- Social Media:
Magnolia Electric Power Association Service
- Outage Map:outage.mepcoop.com
- Outage Phone:(601) 684-4011
- States Served:
- Mississippi
- Counties Served:
- Pike County
- Lincoln County
- Walthall County
- Amite County
- Lawrence County
- Major Cities Served:See all cities
Energy Loss
Magnolia Electric Power Association's energy loss due to business operations.
Total Energy Loss
19,275MWh
462 National Rank
Power Outages
Currently, 0 customers are being tracked in Magnolia Electric Power Association.
Customers Out:
0
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Magnolia Electric Power Association Coverage Map
Magnolia Electric Power Association State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Mississippi | 33,893 | 86,652,554.35 | 15 | 100% |
Magnolia Electric Power Association County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Amite County | 12,718 | 3 | 13.86 | $158.24/mo |
| Franklin County | 7,705 | 3 | 14.12 | $151.40/mo |
| Lawrence County | 12,055 | 4 | 14.02 | $164.93/mo |
| Lincoln County | 34,910 | 4 | 13.94 | $156.55/mo |
| Pike County | 40,262 | 2 | 13.94 | $160.18/mo |
| Walthall County | 13,981 | 3 | 14.01 | $160.80/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 14.16 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 $164.69, compared to the Mississippi average of $156.14 and the nationwide of $156.14 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.
