Company type | Subsidiary |
---|---|
NYSE: MPJ | |
Industry | Utilities |
Founded | 1925 |
Headquarters | Gulfport, Mississippi, United States |
Key people | Anthony Wilson (chairman, president & CEO) [1] |
Number of employees | 1,253 |
Website | www.MississippiPower.com |
Mississippi Power is an investor-owned electric utility and a wholly owned subsidiary of Atlanta-based Southern Company.[2] Mississippi Power Company (MPC) is headquartered in Gulfport, Mississippi.
Mississippi Power has more than 1,000 employees and serves most of the cities, towns, and communities within the 23 counties of southeast Mississippi. The utility also serves six Rural Electrification Administration-financed electric cooperatives: Coast EPA (Electric Power Association), Singing River EPA, Southern Pine EPA, Dixie EPA, Pearl River EPA, and East Mississippi EPA - and one municipality, City of Collins, with wholesale electric power which, in turn, they resell to customers in southeast Mississippi. Based on public data from the U.S. Energy Information Administration, Mississippi Power's 2018 price of electricity to retail customers averaged 8.99 cents, compared to a national average of 10.58 cents.[3]