Electricity Rates in New albany, MS

Residents of New albany, MS benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 6 electricity providers, with City of New Albany - (MS) being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. Mississippi Avg. 0.0%
vs. National Avg. -26.9%
Providers 6

Electricity Providers in New albany

Utility Residential Rate Commercial Rate Type
City of New Albany - (MS) 12.0¢/kWh 13.0¢/kWh Municipal
North East Mississippi EPA 13.0¢/kWh 10.0¢/kWh Cooperative
Pontotoc Electric Power Assn 13.0¢/kWh 14.0¢/kWh Cooperative
Tennessee Valley Authority N/A 8.0¢/kWh Federal
Tippah Electric Power Assn 13.0¢/kWh 14.0¢/kWh Cooperative
Tombigbee Electric Power Assn 12.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

New albany monthly bill $115.18
New albany annual cost $1382.16
Mississippi avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in New albany

At 13.0¢/kWh, a typical New albany household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in New albany

Charging an electric vehicle at home in New albany 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.

Frequently Asked Questions

What is the average electricity rate in New albany, MS?

The average residential electricity rate in New albany, 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 New albany?

New albany is served by 6 electricity providers. City of New Albany - (MS) is the largest provider in the area, though rates and availability vary by specific address.

How do New albany electricity rates compare to the rest of Mississippi?

New albany's average rate of 13.0¢/kWh is close to the Mississippi state average of 13.0¢/kWh. Rates are typical for the region.