Arkansas residential electricity rates

Analyst note

The Arkansas residential price sat above the U.S. average in 0 of 10 years; the gap was -2.83 ¢ in 2015 and -4.16 ¢ in 2024. In the 2024 ranking Arkansas sits between Tennessee (12.42 ¢) one place above and Oklahoma (12.24 ¢) one place below; the top of the list is 30.54 ¢ away and the bottom 0.81 ¢. Arkansas was 48th in 2015 with 9.82 ¢ and is 44th now; a rise in the table. Arkansas residential prices rose in 7 of 9 years. The largest rise was +8.3% in 2021, and the largest fall -4.6% in 2018. The Arkansas price peaked at 12.32 ¢ in 2024 and bottomed at 9.80 ¢ in 2019; 2024 is the peak and +25.7% from the low. Compounded, that is +2.55% a year in Arkansas, -0.43 points against the U.S. Arkansas buys 1.25% of all U.S. residential electricity with 1.03% of the accounts, so the average Arkansas account uses 1.21 times the national average.

Arkansas residential customers paid 12.32 ¢ in 2024, which puts the state 44th of 51, a bottom-ten position, 4.16 ¢ under the U.S. Nine years moved the Arkansas residential price +25.5% (+2.6% a year), behind the U.S. by 4.8 points. The sharpest year was 2021 at +8.3%; the peak came in 2024.

The latest Arkansas year moved +0.6%, so the price is flat. The Arkansas commercial price of 10.24 ¢ sits 2.08 ¢ below. A Arkansas residential account uses 1,048 kWh a month; priced at 12.32 ¢ that is about $129, and the sector buys 37.2% of Arkansas's power.

Counting revenue instead of kWh, Arkansas residential accounts bring in 47.8% of Arkansas sector revenue on 37.2% of the kWh, a premium of 10.6 points that comes from the price level: 12.32 ¢ here against 10.24 ¢ for commercial and 6.61 ¢ for industrial accounts. The average Arkansas residential account uses 1,048 kWh a month, 11 of 51 among states on that measure; a commercial account uses 4.53 times as much and a industrial account 42.21 times. Residential accounts are 85.83% of the 1,720,751 accounts in Arkansas.