Electricity Rates in Waterford, MS
Residents of Waterford, 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 Holly Springs being the largest.
Electricity Providers in Waterford
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Holly Springs | 12.0¢/kWh | 14.0¢/kWh | Municipal |
| North East Mississippi EPA | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
| Northcentral Mississippi E P A | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Tallahatchie Valley E P A | 12.0¢/kWh | 15.0¢/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 Waterford
At 13.0¢/kWh, a typical Waterford 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 Waterford
Charging an electric vehicle at home in Waterford 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 Waterford, MS?
The average residential electricity rate in Waterford, 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 Waterford?
Waterford is served by 5 electricity providers. City of Holly Springs is the largest provider in the area, though rates and availability vary by specific address.
How do Waterford electricity rates compare to the rest of Mississippi?
Waterford's average rate of 13.0¢/kWh is close to the Mississippi state average of 13.0¢/kWh. Rates are typical for the region.