NewInsight: Investor-owned utilities charge 23% more for power

SWEPCO (AEP) electricity rates

What homes pay SWEPCO (AEP) for electricity, from EIA.

Investor-owned utility, 111,577 homes in Arkansas. EIA lists it as Southwestern Electric Power Co.

Headlines

Average price
14.5¢ a kWh
Up 22% on a year ago
Average bill
$128 a month
Up 21% on a year ago
Average use
882 kWh
A month. Arkansas 1,055 kWh
Price rank in Arkansas
1 of 7
1 is the most expensive

Over the 12 months to August 2026, SWEPCO (AEP) homes paid 14.5¢ a kWh, against 13.6¢ across Arkansas.

SWEPCO (AEP) vs Arkansas

SWEPCO (AEP)Arkansas
Average price, 12 months to August 202614.5¢13.6¢
Price in August 202615.8¢14.4¢
Average monthly bill, 12 months$128$143
Bill in August 2026$219$217
Average monthly use882 kWh1,055 kWh
Price change, past year+22%+7.2%
Price change since 2019+68%+39%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026