Electricity Rates in Greenwood spring, MS
Residents of Greenwood spring, MS benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Monroe County Elec Power Assn being the largest.
Electricity Providers in Greenwood spring
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Monroe County Elec Power Assn | 13.0¢/kWh | 15.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Greenwood spring
At 13.0¢/kWh, a typical Greenwood spring household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Greenwood spring
Charging an electric vehicle at home in Greenwood spring costs approximately $117.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Mississippi
Frequently Asked Questions
What is the average electricity rate in Greenwood spring, MS?
The average residential electricity rate in Greenwood spring, MS is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Greenwood spring?
Greenwood spring is served by 2 electricity providers. Monroe County Elec Power Assn is the largest provider in the area, though rates and availability vary by specific address.
How do Greenwood spring electricity rates compare to the rest of Mississippi?
Greenwood spring's average rate of 13.0¢/kWh is close to the Mississippi state average of 13.0¢/kWh. Rates are typical for the region.