Magnolia Electric Power Association and solar
Magnolia Electric Power Association is an electric cooperative serving about 31,161 homes in Mississippi. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.
- Average price (2026 est.)
- 16.9¢14% above Mississippi average
- Typical bill
- $1851,092 kWh a month
- Exports credited
- ~35%Net billing (reduced export credit)
- Typical payback
- 14.8 yrs4.6 kW, cash
Export rules for Magnolia Electric Power Association customers
Net billing (reduced export credit) (Mississippi rule).
Mississippi's Net Renewable Generation rules pay for exports at the utility's avoided cost plus a 2.5 cent/kWh adder (plus 2 cents more for low/moderate-income households). That works out to well below retail. Netting is effectively instantaneous via dual-channel metering.
Solar for a typical Magnolia Electric Power Association home
| System | 4.6 kW (50% of 1,092 kWh/month) |
|---|---|
| Cost | $13,390 |
| First-year savings | $930 |
| Payback | 14.8 years |
| 25-year net | $11,261 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 79
- Share of customers
- 0.3%
- Residential solar capacity
- 1 MW
- Residential customers
- 31,161
EIA-861, 2025.
Questions about Magnolia Electric Power Association and solar
Does Magnolia Electric Power Association have net metering?
Magnolia Electric Power Association follows Mississippi's rules: Mississippi's Net Renewable Generation rules pay for exports at the utility's avoided cost plus a 2.5 cent/kWh adder (plus 2 cents more for low/moderate-income households). That works out to well below retail. Netting is effectively instantaneous via dual-channel metering.
How much does electricity cost with Magnolia Electric Power Association?
Residential customers paid an average of 16.1¢ per kWh in 2025 (EIA), about 16.9¢ adjusted to 2026. The typical home uses 1,092 kWh a month, a bill of about $185.
Is solar worth it with Magnolia Electric Power Association?
For a typical customer, solar is a close call: a 4.6 kW system costing about $13,390 pays back in about 14.8 years, with $11,261 net over 25 years.
How many Magnolia Electric Power Association customers have solar?
About 79 homes had net-metered solar at the end of 2025, roughly 0.3% of residential customers (EIA-861).
Legal name: Magnolia Electric Power Assn (EIA ID 11519). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.