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Electric
Power
Associations of
Mississippi
P.O.
Box 3300
Ridgeland, MS 39158
601.605.8600
fax: 601.605.8601 |
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Statewide
Facts: Mississippi (as of December
31, 2007)
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Mississippi
has 25 electric power associations that
deliver electricity to more than 731,000 meters
(more than 632,000 residential meters) and one
generation and transmission cooperative
(South Mississippi Electric Power Association, Hattiesburg) which distributes wholesale
power to 11 electric power associations.
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These
electric power associations energize
a total of 90,846 miles of lines.
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The
average number of consumers served per
mile of line is 8.05, compared to the
national average of 32 for investor-owned
utilities and 41 for municipal-operated
systems.
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Electric
power associations serve 50% of the
electric meters in Mississippi, investor
owned 40%, municipal systems - 10%
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The
plant investment for, before depreciation, of
all electric power associations is more than $2.75 billion.
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The plant investment for generation
and transmission is $1 billion.
The
plant investment per mile of distribution
line is $23,200.
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Electric
power associations employ 2,776 Mississippians
with a total annual payroll of $96 million with a total of more than $26.5 million paid in taxes by all the electric power associations.
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The
total debt of the electric power associations
is $1.85 billion.
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Where
does a consumer's dollar go when buying
electricity from a rural electric cooperative?
Wholesale
Power - 76%
Operating Expenses- 19%
Debt Expense- 3%
Margin - 2%
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