Arizona · Investor Owned · investor

Arizona Public Service Co Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

16.45¢
Avg residential price / kWh
1.3M
Residential customers
+9.4%
vs Arizona average
$2,040
Implied avg annual bill

Among 194 utilities with 100,000 or more residential customers, Arizona Public Service Co ranks #65 by average cents per kWh and #21 by residential customers. Arizona Public Service Co charged an average of 16.45¢ per kWh to residential customers in 2024 - above the Arizona average and close to the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Arizona Public Service Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is above the Arizona customer-weighted average (+9.4%). Its customers used above the national residential norm at about 12,403 kWh a year each.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release AZ-2024 · Arizona Public Service Co ABOVE STATE

Arizona Public Service Co · Form 861 2024 · ABOVE STATE

  • RATE 16.45¢/kWh
  • RANK #22/26
  • VS-ST +9.4%
  • VS-US -3.9%
  • CUST 1.3M
  • BILL $2,040
  • OWN IOU
  • PHOTO TX 0.08¢
  • BOOK 21/194

Nearest Form 861 price peer: Direct Energy Services (TX) (-0.08¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Arizona rates

Arizona Public Service Co in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • IN
    16
  • TX
    16
  • this util
    16
  • DC
    17
  • TX
    17

What this shows Arizona Public Service Co reports 16.45¢/kWh, corpus customer-rank 21 of 194.

Source EIA Form 861 residential survey As of 2024
F24/100

RateWatt cost context

How Arizona Public Service Co compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Arizona; the state generation context is shown separately.

Price against state peers
16/100

16.45¢/kWh · median 13.48¢/kWh

Implied annual bill against state peers
20/100

$2,040/yr · median $1,647/yr

State renewable generation context
52/100

24.0% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

How this price compares

Ranked by price against the 26 utilities reporting residential rates in Arizona, Arizona Public Service Co comes 22nd of 26. The state's range runs from Palmetto Solar, LLC at 8.86¢ to USBIA-San Carlos Project at 19.49¢, so where a household sits inside Arizona depends far more on which utility serves it than on the statewide average alone.

Against the 4 other investor owned utilities reporting in Arizona, whose customer-weighted average is 15.68¢, Arizona Public Service Co is close to its own ownership class within the state (+4.9%).

State price distribution

Where Arizona Public Service Co sits among Arizona utilities

2024 average residential price across the 26 utilities reporting a rate in Arizona

16.45¢/kWh 16th affordability percentile More affordable than 16% of 25 other utilities

Arizona Public Service Co

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Arizona Public Service Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Arizona Public Service Co 16.45¢ -
Arizona (customer-weighted, 26 utilities) 15.03¢ +9.4%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ -3.9%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ -10.4%

Rate against consumption: Arizona utilities

Each dot is one of the 26 Arizona utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Arizona Public Service Co is highlighted. In Arizona the cheapest rate belongs to Palmetto Solar, LLC (8.86¢) while the smallest implied annual bill belongs to Ajo Improvement Co ($826) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 26 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 26 Arizona utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Arizona Public Service Co is highlighted. In Arizona the cheapest rate belongs to Palmetto Solar, LLC (8.86¢) while the smallest implied annual bill belongs to Ajo Improvement Co ($826) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Territory and usage

Scale and consumption

Arizona Public Service Co reported 1.3M residential customers, ranking 1st of 26 utilities in Arizona by customers served and covering 39.3% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 12,403 kWh per customer per year - +4.8% against the Arizona median of 11,839 kWh , implying a typical annual bill near $2,040.

State peers

Every utility reporting in Arizona

All 26 utilities reporting bundled residential service in Arizona, largest first, with Arizona Public Service Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Arizona, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Arizona Public Service Co (this page) Investor Owned 1.3M 16.45¢
Salt River Project Political Subdivision 1.1M 13.46¢
Tucson Electric Power Co Investor Owned 412.7K 15.63¢
UNS Electric, Inc Investor Owned 95.2K 16.02¢
Trico Electric Cooperative Inc Cooperative 52.5K 14.17¢
Sulphur Springs Valley E C Inc Cooperative 46.0K 13.49¢
Mohave Electric Cooperative, Inc. Cooperative 41.0K 11.20¢
Tesla Inc. Behind the Meter 40.2K 12.17¢
Navopache Electric Coop, Inc Cooperative 40.1K 13.43¢
Sunrun Inc. Behind the Meter 40.1K 13.72¢
Electrical Dist No3 Pinal County Political Subdivision 32.0K 13.93¢
Navajo Tribal Utility Authority State 27.0K 16.63¢
City of Mesa - (AZ) Municipal 15.3K 16.93¢
SunPower Capital, LLC Behind the Meter 11.5K 15.96¢
USBIA-San Carlos Project Federal 11.4K 19.49¢
Sunnova Behind the Meter 5.4K 17.99¢
Electrical Dist No2 Pinal County Political Subdivision 5.2K 13.26¢
Spruce Finance Behind the Meter 3.6K 10.67¢
Dixie Escalante R E A, Inc Cooperative 2.8K 9.60¢
Gila River Indian Utility Authority (GRICUA) Cooperative 2.7K 14.25¢
Morenci Water and Electric Investor Owned 2.2K 11.23¢
Garkane Energy Coop, Inc Cooperative 1.4K 11.51¢
EverBright, LLC Behind the Meter 998 9.85¢
Ajo Improvement Co Investor Owned 821 12.56¢
Ak-Chin Electric Utility Authority State 319 12.95¢
Palmetto Solar, LLC Behind the Meter 259 8.86¢

For generation mix and price history statewide, see electricity rates in Arizona.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Arizona, these indexable investor owned utilities report the closest residential averages to Arizona Public Service Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside Arizona nearest in residential price
Utility State Customers Avg ¢/kWh
Potomac Electric Power Co District of Columbia 285.9K 16.58¢
Indiana Michigan Power Co Indiana 422.1K 16.31¢
Duke Energy Florida, LLC Florida 1.8M 16.63¢
Wisconsin Public Service Corp Wisconsin 411.8K 16.23¢
Ohio Edison Co Ohio 251.8K 16.18¢

FAQ

Common questions about Arizona Public Service Co rates

How much does Arizona Public Service Co charge per kWh?
Arizona Public Service Co reported an average residential price of 16.45¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Arizona Public Service Co expensive compared with the rest of Arizona?
Its average residential price is above the Arizona customer-weighted average of 15.03¢ per kWh, a difference of +9.4%. The state figure is weighted by customers across the 26 utilities reporting residential service in Arizona.
What is the average electricity bill for Arizona Public Service Co customers?
Dividing reported residential sales by residential customers gives about 12,403 kWh per customer per year. At the reported average price that implies roughly $2,040 a year, or about $170 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Arizona Public Service Co?
EIA classifies Arizona Public Service Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology and comparing utility costs across states .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.