Electricity Rates in Monticello, MS

Residents of Monticello, MS benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 4 electricity providers, with Entergy Mississippi LLC being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Mississippi Avg. +7.7%
vs. National Avg. -21.3%
Providers 4

Electricity Providers in Monticello

Utility Residential Rate Commercial Rate Type
Entergy Mississippi LLC 13.0¢/kWh 13.0¢/kWh Investor Owned
Magnolia Electric Power Assn 15.0¢/kWh 15.0¢/kWh Cooperative
Pearl River Valley El Pwr Assn 14.0¢/kWh 12.0¢/kWh Cooperative
Southern Pine Electric Cooperative 14.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

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

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

Solar Savings in Monticello

At 14.0¢/kWh, a typical Monticello 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 Monticello

Charging an electric vehicle at home in Monticello 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 Monticello, MS?

The average residential electricity rate in Monticello, 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 Monticello?

Monticello is served by 4 electricity providers. Entergy Mississippi LLC is the largest provider in the area, though rates and availability vary by specific address.

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

Monticello'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.