Mississippi Electricity Prices

Relatively, yes — 14.54¢ per kilowatt-hour in July 2026, 12th-cheapest of 51 and 24.5% below the national benchmark.

At Mississippi's July 2026 average of 14.54¢/kWh, 10,500 kWh of annual use works out to $1,527 a year — around $127 a month. Running the same 10,500 kWh calculation at the July 2026 national benchmark rate gives $2,023 — a $496 gap between the two published averages, less for Mississippi, not a bill either way.

Over the full EIA series the Mississippi jurisdiction average has risen 125% since January 2001, from 6.45¢ to 14.54¢ in July 2026 — a compound 3.2% per year. Month-to-month movement has been about typical for a reporting jurisdiction.

April 2026, at 16.76¢ per kilowatt-hour. The July 2026 reading of 14.54¢ sits 13.2% below that peak. The lowest monthly average on record was 6.45¢ in January 2001.

May. Measured over the 25 complete calendar years the EIA series covers for Mississippi, 2001 through 2025, May runs highest relative to its own year and January runs lowest — a swing of roughly 11.3 percentage points.

Among Mississippi and its land-border neighbours in July 2026, Louisiana posts the lowest average at 12.72¢ and Alabama the highest at 16.40¢. Mississippi ranks 4th of 5 in the group, at 14.54¢.

Almost certainly not exactly, and this is the one caveat that governs every figure on this page. The published value is the EIA residential average across every utility and residential rate class in Mississippi for July 2026 — a benchmark, never a billed amount. Even the jurisdiction figure is not one number — across the trailing year it moved between 13.59¢ in August 2025 and 16.76¢ in April 2026. Your own rate depends on your utility, tariff, usage tier, time-of-use schedule, and fixed monthly charges, none of which this index models. Read your bill for the rate that applies to you.