Electricity Rates in Lafayette, MS
Residents of Lafayette, MS benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 5 electricity providers, with City of Oxford - (MS) being the largest.
Electricity Providers in Lafayette
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Oxford - (MS) | 12.0¢/kWh | 11.0¢/kWh | Municipal |
| North East Mississippi EPA | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
| Pontotoc Electric Power Assn | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| Tallahatchie Valley E P A | 12.0¢/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 Lafayette
At 13.0¢/kWh, a typical Lafayette 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 Lafayette
Charging an electric vehicle at home in Lafayette 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 Lafayette, MS?
The average residential electricity rate in Lafayette, 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 Lafayette?
Lafayette is served by 5 electricity providers. City of Oxford - (MS) is the largest provider in the area, though rates and availability vary by specific address.
How do Lafayette electricity rates compare to the rest of Mississippi?
Lafayette's average rate of 13.0¢/kWh is close to the Mississippi state average of 13.0¢/kWh. Rates are typical for the region.