Prentiss County Electric Power Association

About Prentiss County Electric Power Association

Prentiss County Electric Power Association is an electric cooperative located in Booneville, Mississippi and providing electricity to customers in 3 counties in Mississippi such as the counties of Lee County, Prentiss County, and Tippah County. There are 10,972 residential customers, 3,056 commercial accounts and 8 industrial customer accounts who are receiving electricity from the company. Prentiss County Electric Power Association bills their patrons a residential electricity rate of 10.81 cents per kilowatt hour on average, which is 19.61% below Mississippi's average price of 13.44 cents and 30.89% less than the US average of 15.64 cents. They sold 339,160 megawatt hours through retail sales in 2022. Of the megawatt hours they sourced, 355,283 megawatt hours were acquired on wholesale channels. Their revenue in 2022 from electricity related activities was $40,224,500, with $35,941,000 from retail sales to end users.

The Mississippi average monthly residential electricity bill is $153.04, while the Prentiss County Electric Power Association average is 17.52% less at $129.8 per month. This is the 12th lowest average monthly bill amount for a supplier in Mississippi. Electricity production is not part of the Prentiss County Electric Power Association business plan, as they purchase electricity at wholesale rates to then be resold to their end users.