Canton Municipal Utilities

About Canton Municipal Utilities

Canton Municipal Utilities is a municipally owned entity located in Canton, Mississippi and supplying power to customers in 5 cities in Mississippi including cities like Canton, Bay Springs, Heidelberg, Louin, and Montrose. Canton Municipal Utilities' customers are charged an average residential electricity rate of 10.67 cents per kilowatt hour. Thankfully for their customers, this rate is below both the Mississippi and the nationwide average rates of 13.56 and 15.73 cents per kilowatt hour, respectively. The supplier sold 110,552 megawatt hours via retail sales in 2019. The electricity sourced by Canton Municipal Utilities is made up of multiple electricity sources including 93 megawatt hours produced in power facilities owned by the company and 123,656 megawatt hours procured by way of the wholesale market. The total revenue for Canton Municipal Utilities in 2019 from electricity sales was $10,599,000, with 100.00% coming from retail sales to end users.

The nationwide average monthly residential electric bill is $135.39, while the Canton Municipal Utilities average is 22.99% less at $104.26 per month. This is the 972nd lowest average monthly bill amount for a provider in the nation. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers.