Greenwood Utilities

What Greenwood Utilities does

Greenwood Utilities is a municipal utility provider owned and operated by the City of Greenwood, Mississippi, delivering electric power and water services to residential and commercial/industrial customers within city limits. The utility traces its origins to 1894 (formal municipal ownership beginning in 1904 when the City acquired the system for $123,000) and has operated continuously for over 120 years under the names Greenwood Light & Water and, since December 18, 1953, Greenwood Utilities. It is governed by a commission structure and reports stability metrics of only 33 Commissioners, 8 General Managers, and 2 CEO/Presidents across its entire history.

The company's core product is integrated electric and water delivery through city-owned infrastructure — historically anchored by the Henderson Station generating facility (constructed in the 1960s at a cost of $3.3 million, once the largest municipally owned plant in Mississippi). Customer-facing digital products consist of an iOS/Android mobile application, a browser-based mobile web app, and an online billing portal, all supporting account management, bill viewing, secure payment processing, and multi-account access. The firm is a member of the Municipal Energy Agency of Mississippi (MEAM), the state-level industry association for municipal utilities.

The business model is usage-based municipal rate billing across multiple published rate classes — residential electric, residential water, commercial all-electric, general light and power, cotton gin power, large general service, and commercial/industrial water. Pricing is governed by municipal rate-publication requirements rather than market competition, with revenue generated from kilowatt-hour and water-volume consumption. Distribution is direct-to-customer via city-owned infrastructure, with no alternative utility provider permitted within the franchise area. The organization operates with a headcount in the 11–50 range and does not publicly disclose revenue.

Name

Greenwood Utilities

Legal name

Greenwood Utilities

Website

https://greenwoodutilities.com

Company type

Private

Founded year

1904

Operating status

Operating

Headcount range

11–50 employees

Short description

Greenwood Utilities is a City of Greenwood, Mississippi-owned municipal utility that has provided electric power and water services to residential and commercial customers under an exclusive franchise since 1904, billing via published usage-based rate schedules across multiple customer classes.

Ownership category

akta.pro rank

Product category

Municipal Electric and Water Utility

NAICS

Electric Power Distribution (221122), Water, Sewage and Other Systems (2213), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric, Gas & Sanitary Services (4900), Electric Services (4911), Water Supply (4941)

akta.pro primary industry

Municipal Electric Utilities (Munis) (EUADABAB)

Keywords

• Electric power distribution
• Water utility services
• Municipal utility
• Residential electricity
• Commercial utility rates

Headquarters

HQ city

Greenwood

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Electric Power Distribution: Sale of electricity to residential and commercial/industrial customers in Greenwood, Mississippi. Revenue generated from kilowatt-hour consumption billed at published rate schedules.
2. Water Distribution: Sale of water to residential and commercial/industrial customers. Revenue generated based on water consumption at published rate schedules.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Greenwood Utilities is a municipal utility that distributes electric power and water to residential and commercial/industrial customers in Greenwood, Mississippi. The utility operates city-owned generation and distribution infrastructure and bills customers based on published usage-based rate schedules for various customer classes. Supporting the core service are customer-facing digital tools including a mobile application and an online billing portal for account management and bill payment.

Product overview

Greenwood Utilities is a municipal utility provider offering electric power and water services to residential, commercial, and industrial customers in Greenwood, Mississippi. The company's customer-facing digital products consist primarily of a mobile application (available for iOS and Android), a mobile web application accessible via browser, and an online customer billing portal. These digital tools enable account management, bill viewing, payment processing, payment history access, contact information updates, and paper/electronic billing preference selection. The portfolio is a unified utility service platform with no modular add-ons or separate product tiers.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Power Distribution

Quantifiable outcome

• Largest municipally owned generating plant in Mississippi (1946)

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Municipal Energy Agency Of Mississippi (MEAM)coreOthersGreenwood Utilities is described as one of the most respected companies in the Municipal Energy Agency Of Mississippi (MEAM), indicating membership in a state-level municipal utility association for shared resources, advocacy, and best practices.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Memphis Light, Gas and Water (MLGW): Largest three-service municipal utility in the U.S., serving Memphis with electric, gas, and water. A regional incumbent that demonstrates the scaled-up municipal electric-and-water model relevant to Greenwood Utilities' growth trajectory.
• Chattanooga EPB: Municipal electric utility in Chattanooga, Tennessee, also offering fiber and smart-grid services. Comparable municipal electric-utility ownership model and a benchmark for how a city-owned utility can extend into adjacent digital and grid services.
• Huntsville Utilities: Larger multi-service municipal utility (electric, water, gas, fiber) in Huntsville, Alabama. Illustrative of the scaled-up version of Greenwood Utilities' municipal model – combined electric and water delivery, publicly owned, serving a mid-sized city.
• Knoxville Utilities Board (KUB): Municipal utility providing electric, water, gas, and fiber services to Knoxville, Tennessee. Operates the same combined electric-and-water utility structure as Greenwood Utilities but at substantially greater scale and service breadth.

Direct peers

• Tupelo Water & Light Department: Municipal utility in Tupelo, Mississippi providing electric and water service to a similarly-sized Mississippi city under a comparable municipal ownership and commission-governed model. Highly comparable on geography, service mix, and customer profile.
• Oxford Utilities: City of Oxford, Mississippi's combined electric and water utility. Closely comparable operating model: municipal ownership, small-city service territory, dual electric-and-water delivery, and similar Mississippi delta-region regulatory environment.
• Corinth Gas & Water Department: Municipal utility serving Corinth, Mississippi, with overlapping electric/water service responsibilities. Comparable on geography, customer scale, and commission-based municipal governance model.
• Starkville Utilities: Municipal electric, water, and gas utility serving Starkville, Mississippi. Operates under the same Mississippi municipal-utility framework (MEAM membership) and shares Greenwood's mix of residential, commercial, and institutional customers.
• Clarksdale Public Utilities: Municipal electric and water utility serving Clarksdale, Mississippi. Comparable small-city Mississippi footprint, municipal ownership structure, and dual electric/water service offering to Greenwood Utilities.

Others

• Municipal Energy Agency of Mississippi (MEAM): Joint-action agency of which Greenwood Utilities is a member, representing Mississippi municipal utilities for shared power supply, advocacy, and procurement. Not a competitor, but a directly relevant ecosystem organization that shapes member utilities' economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenwood Utilities