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Electricity prices in Mississippi this week

14.4¢ per kWh
6% above a year ago
7% above the five-year average

EIA residential average for August 2026, published monthly, about two months behind.

0.110.120.140.160.17202120222023202420252026

Five-year price history, EIA. Dashed line is the five-year average.

What this price means for your bill

At 14.4 ¢ per kWh, a 1,000 kWh month costs about $144. Burned in a cold-climate air-source running at 250% efficiency, that is $16.92 per million BTU of heat delivered into the house, which is the number to use when comparing against anything else.

The price is within about 10% of its five-year average, which is as close to normal as electricity gets. Topping off on your usual schedule is reasonable; there's no strong signal either way. Compared with the same week last year it is 6% higher. We don't forecast prices. What we can tell you is where this week sits against history, and how the fuel compares with the alternatives at today's numbers.

How electricity compares in Mississippi right now

Cost per million BTU delivered, at this week's Mississippi prices and typical equipment efficiencies. The cheapest option is geothermal heat pump at $12.08.

Pellet, cordwood and kerosene prices are national averages; everything else is the Mississippi figure. Change any price or efficiency in the calculator.

Shopping for electricity? Dealer prices in the same town routinely differ by 30 to 60 cents a gallon, and the state average above is just that, an average. Get two or three quotes before you fill.

Thinking about switching? Run your own numbers in the calculator, or see how a heat pump compares on the electricity comparison page.

Electricity prices in other states