Magnolia Electric Power Salary

Magnolia Electric Power Salary

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As of August 2026, the average annual salary for employees at Magnolia Electric Power in the United States is $92,548. This translates to an approximate hourly wage of $44. Salaries at Magnolia Electric Power typically range from $81,482 to $104,465 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnolia Electric Power

Ready for your next career move? Explore current job openings at Magnolia Electric Power. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Magnolia Electric Power’s Pay Competitive? Salary Benchmarking Analysis

How does Magnolia Electric Power's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Pennsylvania Power and Light Company Bargaining Unit Retiree $100,533
+8.6%
Reflects a supply-demand imbalance for the specific talent Pennsylvania Power and Light Company Bargaining Unit Retiree targets.
Plan Energy $96,388
+4.1%
Data suggests Plan Energy's workforce skews heavily towards veteran, high-tenure roles.
Tablerock Energy $103,096
+11.4%
Reflects structural premiums typical of Tablerock Energy's large-cap national operations.
Southeastern Indiana REMC $98,972
+6.9%
Supported by Southeastern Indiana REMC's high-margin contracts allowing higher overhead.
Energy & Utilities Industry $130,148
+40.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Magnolia Electric Power's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Magnolia Electric Power. Click a company name to learn more.

Employee Reviews: Working at Magnolia Electric Power

Considering a career at Magnolia Electric Power? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The company's focus on infrastructure resilience and renewable energy integration makes our work both challenging and meaningful in today's changing energy landscape. Proud to be part of such a responsible and caring organization!. This organization provides a stable, well-structured work environment with a clear commitment to safety and environmental stewardship. Benefits are competitive, coverin...
Commented in February 09, 2025
26
1
Safety isn’t just a buzzword here—it’s built into everything we do. For a company, the impact we have and the opportunities to contribute directly are significant. A great balance of technical work, innovation, and teamwork. The company offers adequate benefits and a stable work environment but suffers from inconsistent communication and safety enforcement. This organization understands the value ...
Commented in September 05, 2024
27
2
Open communication and frequent recognition programs ensure employees feel appreciated, engaged, and motivated to contribute their best efforts daily. This organization has provided me with countless opportunities to grow within my role and explore others. Processes are clear, and communication is consistent. The team has a shared commitment to clean energy, making this a rewarding and inspiring p...
Commented in March 24, 2024
20
3

Magnolia Electric Power Overview

Website
www.mepcoop.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Energy & Utilities
Headquarter Address
3027 Hwy 98 W Summit Mississippi MS 39666
Revenue
$10 Million - $50 Million
Phone Number
+1 6016844011
Social Media
About Magnolia Electric Power
Magnolia Electric Power is a not-for-profit, consumer-owned electric distribution cooperative serving six counties in Southwest Mississippi. Electric power is distributed in Pike and Walthall and parts of Lincoln, Lawrence, Franklin and Amite counties. The service area is mostly rural. A nine-member Board of Directors elected by the membership governs the cooperative. W. Darrell Smith is General M

What Benefits Does Magnolia Electric Power Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnolia Electric Power offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Magnolia Electric Power?
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What Is the Cost of Living Near Jackson?

Understanding the cost of living near Jackson is key to truly evaluating a salary offer or your current compensation at Magnolia Electric Power.
Jackson's Cost of Living Index is approximately 78.4 (21.6% less expensive than US average; 8.8% less than MS average). State capital, very affordable housing. JATRAN. When planning your budget based on a salary from Magnolia Electric Power, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Magnolia Electric Power salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (JATRAN monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,000 - $3,210+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnolia Electric Power

1. What is the typical salary range (low to high) for most roles at Magnolia Electric Power?

The typical annual salary range for most roles at Magnolia Electric Power is approximately from $81,482 to $104,465. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Magnolia Electric Power pay compared to Pennsylvania Power and Light Company Bargaining Unit Retiree?

The average annual salary at Magnolia Electric Power is $92,548, or an hourly wage of $44, in comparison to Pennsylvania Power and Light Company Bargaining Unit Retiree which pays $100,533 per year or $48 per hour.

3. Do salaries differ significantly between departments at Magnolia Electric Power?

Yes, salaries often differ between departments at Magnolia Electric Power due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Magnolia Electric Power?

Experience level is a significant factor in determining salary at Magnolia Electric Power, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Magnolia Electric Power in Jackson is fair given the local cost of living?

To determine if a salary offer from Magnolia Electric Power in Jackson is fair, first compare the gross salary to our data for similar roles at Magnolia Electric Power and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jackson" to understand its purchasing power.

6. Why might an individual's actual salary at Magnolia Electric Power differ from the ranges shown here?

An individual's actual salary at Magnolia Electric Power can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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