Electricity Rates in Shannon, MS
Residents of Shannon, 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 Okolona being the largest.
Electricity Providers in Shannon
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Okolona | 13.0¢/kWh | 14.0¢/kWh | Municipal |
| Monroe County Elec Power Assn | 13.0¢/kWh | 15.0¢/kWh | Cooperative |
| Pontotoc Electric Power Assn | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
| 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:
Solar Savings in Shannon
At 13.0¢/kWh, a typical Shannon 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 Shannon
Charging an electric vehicle at home in Shannon 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 Shannon, MS?
The average residential electricity rate in Shannon, 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 Shannon?
Shannon is served by 5 electricity providers. City of Okolona is the largest provider in the area, though rates and availability vary by specific address.
How do Shannon electricity rates compare to the rest of Mississippi?
Shannon's average rate of 13.0¢/kWh is close to the Mississippi state average of 13.0¢/kWh. Rates are typical for the region.