Mississippi Power Co late fee
Mississippi · Investor Owned
Mississippi Power Co charges $4 flat for a residential electric bill paid late.
- Flat fee
- $4
- Can disconnect
- Yes, for non-payment
- Residential customers
- 157,437
Late fees versus bad debt, 2024
- Late-fee revenue
- $1,900,738 (FERC account 450, Forfeited Discounts)
- Written off
- $2,069,787 (FERC account 904, Uncollectible Accounts)
- Ratio
- 0.92x
Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.
Disconnections in 2024
- Disconnections
- 10,988 for non-payment
- Rate
- 6.98 per 100 residential customers
- Final notices
- 13,220
- Reconnections
- 4,513
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
flat $4/month late fee, waived if balance <$5 (Mississippi Power)