Magnolia Electric Power Association

Magnolia Electric Power Association supplies electricity to 8 counties and is considered an electricity cooperative. The company recently reported a total of 32,466 customers, 0.04% of which are industrial customers, 6.57% are commercial customers and 93.39% are residential properties. Consumers of Magnolia Electric Power Association are charged an average residential electricity price of 12.84 cents per kilowatt hour, which is 12.20% more than the average Mississippi rate of 11.44 cents. They sold 621,544 megawatt hours in 2020 through traditional retail accounts. Wholesale power purchases made up 100.00% of all electricity sourced by the company and 671,593 megawatt hours were procured on the wholesale electricity market. In 2020, they made a total of $74,738,000 from business activities relating to the sale and transfer of electricity. They had revenue of $72,959,000 from retail sales to end users.

About Magnolia Electric Power Association

The US average monthly residential electric bill is $120.24, while the Magnolia Electric Power Association average is 13.22% higher at $136.14 per month. Magnolia Electric Power Association ranks 2542nd in the nation for average monthly bill amount. The supplier does not have ownership in any power plants and all of the electricity that they sell to their consumers must be purchased from other providers.

Magnolia Electric Power Association Net Metering

Luckily, Magnolia Electric Power Association offers net metering options to their customers. The purchase of solar panels and alternative electricity sources is often too expensive for citizens. Net metering allows purchasers of these electricity sources to sell extra megawatt hours back to the grid, making the installation of these alternative sources economically viable .

Energy Loss

Energy loss is a fact of life when dealing with electricity transmission. Magnolia Electric Power Association currently averages a loss of around 7.16% of the electricity they generate. This percentage of electricity lost earns them a rank of 37th best out of 48 companies who report energy loss in the state.

Magnolia Electric Power Association Rate & Electric Bills

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

Historical Electric Rates:

Price Per kWHAverage Bill$0.128/kWh$0.124/kWh$145.53/mo.$129.77/mo.
2024th12.84¢Magnolia Electric Power Association's Average residential price per kWh
2542nd$136.14Average monthly electric bill for Magnolia Electric Power Association's residential customers

Magnolia Electric Power Association Overview

  • Company Type:Cooperative
  • Headquarters:3027 US-98
    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.

-7.16%Light BulbIcon representing Light Bulb.

Total Energy Loss

48,069MWh

1297 National Rank

Magnolia Electric Power Association Coverage Map

Coverage Map Placeholder

Magnolia Electric Power Association State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Mississippi32,46672,959,00016100%

Magnolia Electric Power Association County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Amite County12,297311.33$123.56/mo
Franklin County7,713311.30$122.11/mo
Jefferson Davis County11,128512.19$139.03/mo
Lawrence County12,586311.25$130.04/mo
Lincoln County34,153411.29$129.04/mo
Marion County24,573412.89$142.28/mo
Pike County39,288211.40$128.64/mo
Walthall County14,286211.51$129.18/mo

Cities Magnolia Electric Power Association Has Coverage

  • Bassfield, MS
  • Brookhaven, MS
  • Columbia, MS
  • Magnolia, MS
  • McComb, MS
  • Monticello, MS
  • Osyka, MS
  • Summit, MS
  • Tylertown, MS

* 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 average bill for Magnolia Electric Power Association customers each month?

Consumers of Magnolia Electric Power Association pay, on average, a monthly bill of $136.14.

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

Magnolia Electric Power Associations current average electricity rate is 12.84 cents per kilowatt hour (¢/kWh), compared to the average Mississippi rate of 11.44 cents and the average national rate of 13.45 cents.

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

There are 8 counties that receive at least some electricity coverage by Magnolia Electric Power Association including, Mississippi.

What is the phone number for Magnolia Electric Power Association?

Magnolia Electric Power Association's customer service phone number is (601) 684-4011

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 in 9 cities.

Last Reviewed By: Fernando García
Published: 2021-03-16Last Updated: 2021-10-09