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APS electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024), E-01345A-25-0105

Investor-owned utility serving 1,256,120 homes in Arizona.

Your rate

16.45¢per kWh, average residential rate 0% higher than the U.S. average (16.4¢)

$142average monthly bill at the current tariff$1,699 a year

1,034kWh used per month, average home

+24%rate change since 2020U.S. average: +28%

Rate increase pending

About $21 more per month

APS filed for roughly $580 million more per year (about 14% for residential customers, roughly $20/month for an average home) plus a formula rate plan allowing annual adjustments. Money is for grid reliability, generation and costs incurred since the last case. Evidentiary hearing began May 18, 2026; ALJ recommended order expected late November 2026 with an ACC vote required by December 31, 2026; new rates no earlier than July 8, 2026 per the application.

If approved as filed, a typical 1,034 kWh bill goes from $142 to $162 a month. See the case →

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 1,034 kWh, the average for APS homes.

kWh

$142 a month

$14 fixed charge + 12.3¢ × 1,034 kWh

This is an estimate. Tariff: $13.92 fixed + 12.3¢/kWh effective March 8, 2024 (source). Rate TOU-E (Time-of-Use 4-7pm Weekdays), APS's most common residential plan; bundled off-peak 12.345 c/kWh summer (May-Oct) / 12.351c winter, on-peak 34.396c summer / 32.543c winter, winter super off-peak 3.495c. Basic service charge $0.458/day (~$13.92/mo). Rates per Decision 79293 effective Mar 8 2024 and still shown on aps.com in Oct 2026. EXCLUDES adjustors (PSA, REAC, TCA, DSMAC, LFCR, TEAM, CRS, SRB) which add roughly 1-3 c/kWh. Non-TOU Fixed Energy Charge plan: 12.925c (<=600 kWh/mo tier). Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

Docket	Status	Filed	Requested	Approved	Effective
E-01345A-25-0105	Pending	June 13, 2025	14% ($580M)	—

E-01345A-25-0105: APS filed for roughly $580 million more per year (about 14% for residential customers, roughly $20/month for an average home) plus a formula rate plan allowing annual adjustments. Money is for grid reliability, generation and costs incurred since the last case. Evidentiary hearing began May 18, 2026; ALJ recommended order expected late November 2026 with an ACC vote required by December 31, 2026; new rates no earlier than July 8, 2026 per the application. Source

Rate history

APS's average rate is up 24% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for APS yet. Check Arizona programs or read what's left after the federal credits ended.

About APS

Legal name: Arizona Public Service Co (Pinnacle West)
Ownership: Investor Owned
Homes served: 1,256,120 residential customers (2024)
Grid operator: AZPS
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

Other utilities in Arizona

All Arizona utilities →