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 32,914 customers (30,691 residential properties, 2,210 commercial accounts and 13 industrial properties) receive electricity from the supplier. Magnolia Electric Power Association has an average residential electricity rate of 13.05 cents per kilowatt hour . This is below both the Mississippi and nationwide average rates of 13.44 and 15.64 cents per kilowatt hour, respectively. In 2022 they sold 91.68% of their megawatt hours to end users (known as retail sales). Of the megawatt hours they sourced, 715,631 megawatt hours were purchased on wholesale channels. In 2022, the company had revenue of $77,395,000 from retail electricity sales.
The Mississippi average monthly residential power bill is $153.04, while the Magnolia Electric Power Association average is 6.01% higher at $145.07 per month. Magnolia Electric Power Association is the 25th 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 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 January and the highest average bill is in January.
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:
- McComb
- Brookhaven
- Magnolia
- Tylertown
- Liberty
- Bogue Chitto CDP (Lincoln County)
- Bogue Chitto CDP (Lincoln County)
- Table Of Contents:
Energy Loss
Magnolia Electric Power Association's energy loss due to business operations.
Total Energy Loss
57,481MWh
1342 National Rank
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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 | 32,914 | 77,395,000 | 16 | 100% |
Magnolia Electric Power Association County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Amite County | 12,718 | 3 | 13.27 | $150.02/mo |
Franklin County | 7,705 | 3 | 13.53 | $145.23/mo |
Lawrence County | 12,055 | 4 | 13.36 | $157.96/mo |
Lincoln County | 34,910 | 4 | 13.34 | $148.72/mo |
Pike County | 40,262 | 2 | 13.14 | $148.23/mo |
Walthall County | 13,981 | 3 | 13.09 | $146.79/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 13.05 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 $145.07, compared to the Mississippi average of $153.04 and the nationwide of $153.04 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.