Summit Electricity Rates

Commercial electricity rates in Summit

• Commercial Electricity in Summit
• • The average commercial electricity rate in Summit is 7.85¢/kWh.^[1]
  • This average (commercial) electricity rate in Summit is 15.86% less than the Mississippi average rate of 9.33¢/kWh.^[2]
  • The average (commercial) electricity rate in Summit is 22.2% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Summit

• Residential Electricity in Summit
• • The average residential electricity rate in Summit is 8.17¢/kWh.^[1]
  • This average (residential) electricity rate in Summit is 20.37% less than the Mississippi average rate of 10.26¢/kWh.^[2]
  • The average (residential) electricity rate in Summit is 31.23% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Summit

• Industrial Electricity in Summit
• • The average industrial electricity rate in Summit is 5.85¢/kWh.^[1]
  • This average (industrial) electricity rate in Summit is 6.25% less than the Mississippi average rate of 6.24¢/kWh.^[2]
  • The average (industrial) electricity rate in Summit is 12.29% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in Mississippi

• Commercial electricity rates in MS ^[3]
• • The average commercial electricity rate in Mississippi is 9.33¢/kWh, which ranks 26th in the nation and is 7.53% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in MS ^[3]
• • Commercial electricity consumption in Mississippi averages 4,979 kWh/month, which ranks 39th in the nation and is 20.18% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in MS ^[3]
• • The average monthly commercial electricity bill in Mississippi is $464, which ranks 38th in the nation and is 26.23% less than the national average of $629.
• Learn more about commercial electricity in Mississippi

Residential electricity in Mississippi

• Residential electricity rates in Mississippi ^[3]
• • The average residential electricity rate in Mississippi is 10.26¢/kWh, which ranks 35th in the nation and is 13.64% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in MS ^[3]
• • Residential electricity consumption in Mississippi averages 1,193 kWh/month, which ranks 3rd in the nation and is 32.12% greater than the national average of 903 kWh/month.
• Residential electricity bills in MS ^[3]
• • The average monthly residential electricity bill in Mississippi is $122, which ranks 12th in the nation and is 14.02% greater than the national average of $107 per month.
• Learn more about residential electricity in Mississippi

Industrial electricity in Mississippi

• Industrial electricity rates in Mississippi ^[3]
• • The average industrial electricity rate in Mississippi is 6.24¢/kWh, which ranks 31st in the nation and is 6.45% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in MS ^[3]
• • Industrial electricity consumption in Mississippi averages 196,612 kWh/month, which ranks 18th in the nation and is 75.3% greater than the national average of 112,158 kWh/month.
• Industrial electricity bills in MS ^[3]
• • The average monthly industrial electricity bill in Mississippi is $12,267, which ranks 18th in the nation and is 63.93% greater than the national average of $7,483.
• Learn more about industrial electricity in Mississippi

Summit, MS Income Breakdown ^[4]

Income Summary for Summit, MS

• • Household income: The city of Summit has a median household income of $40,458, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Summit is approximately 36 percent less than the median income for the entire United States.^[4]
  • Poverty level: Approximately 18.4 percent of Summit households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in Mississippi is about $122/month, ranking 12th in the U.S. and 14.02% greater than the national average of $107.^[5]

Income: Summit vs. Nation ^[4]