Electricity Rates in Olive branch, MS
Residents of Olive branch, MS benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Entergy Mississippi LLC being the largest.
Electricity Providers in Olive branch
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Entergy Mississippi LLC | 13.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Northcentral Mississippi E P A | 13.0¢/kWh | 13.0¢/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 Olive branch
At 13.0¢/kWh, a typical Olive branch 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 Olive branch
Charging an electric vehicle at home in Olive branch 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 Olive branch, MS?
The average residential electricity rate in Olive branch, 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 Olive branch?
Olive branch is served by 3 electricity providers. Entergy Mississippi LLC is the largest provider in the area, though rates and availability vary by specific address.
How do Olive branch electricity rates compare to the rest of Mississippi?
Olive branch's average rate of 13.0¢/kWh is close to the Mississippi state average of 13.0¢/kWh. Rates are typical for the region.