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, 207,828 homes in Louisiana. EIA lists it as Southwestern Electric Power Co.

Headlines

Average price
14.5¢ a kWh
Up 3.6% on a year ago
Average bill
$168 a month
Up 2.5% on a year ago
Average use
1,156 kWh
A month. Louisiana 1,211 kWh
Price rank in Louisiana
2 of 4
1 is the most expensive

Over the 12 months to August 2026, SWEPCO (AEP) homes paid 14.5¢ a kWh, against 13.0¢ across Louisiana.

SWEPCO (AEP) vs Louisiana

SWEPCO (AEP)Louisiana
Average price, 12 months to August 202614.5¢13.0¢
Price in August 202614.6¢12.9¢
Average monthly bill, 12 months$168$158
Bill in August 2026$267$227
Average monthly use1,156 kWh1,211 kWh
Price change, past year+3.6%+5.3%
Price change since 2019+35%+33%

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