Electricity Rates in Laurel, MS

Residents of Laurel, MS benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Dixie Electric Power Assn - (MS) being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Mississippi Avg. +7.7%
vs. National Avg. -21.3%
Providers 2

Electricity Providers in Laurel

Utility Residential Rate Commercial Rate Type
Dixie Electric Power Assn - (MS) 13.0¢/kWh 12.0¢/kWh Cooperative
Mississippi Power Co 14.0¢/kWh 11.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Laurel monthly bill $124.04
Laurel annual cost $1488.48
Mississippi avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Laurel

At 14.0¢/kWh, a typical Laurel household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Laurel

Charging an electric vehicle at home in Laurel costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Laurel, MS?

The average residential electricity rate in Laurel, MS is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Laurel?

Laurel is served by 2 electricity providers. Dixie Electric Power Assn - (MS) is the largest provider in the area, though rates and availability vary by specific address.

How do Laurel electricity rates compare to the rest of Mississippi?

Laurel's average rate of 14.0¢/kWh is 7.7% above the Mississippi state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.