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SWEPCO (AEP) electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Investor-owned utility serving 108,102 homes in Arkansas.

Your rate

11.53¢per kWh, average residential rate 30% lower than the U.S. average (16.4¢)

$98average monthly bill$1,177 a year

850kWh used per month, average home

+13%rate change since 2020U.S. average: +28%

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 850 kWh, the average for SWEPCO (AEP) homes.

kWh

$98 a month

$12 fixed charge + 10.1¢ × 850 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for SWEPCO (AEP) right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

SWEPCO (AEP)'s average rate is up 13% 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 SWEPCO (AEP) yet. Check Arkansas programs or read what's left after the federal credits ended.

About SWEPCO (AEP)

Legal name: Southwestern Electric Power Co (American Electric Power)
Ownership: Investor Owned
Homes served: 108,102 residential customers (2024)
Grid operator: SWPP
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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