State electricity profile · 2024

Arkansas Electricity

Residential electricity in Arkansas runs 12.32¢/kWh, 25.2% below the US average. Commercial, industrial, and generation-mix detail below, all from EIA filings.

12.32¢/kWh
Residential rate
-25.2%
vs US average
10%
Renewable
1.5M
Customers

Verify with EIA → · Methodology

Residential electricity in Arkansas costs 12.32¢/kWh (2024), 25.2% below the national average. 9.8% of electricity comes from renewable sources. The state serves 1.5M residential customers.

What Arkansas's Electricity Data Tells Us

Residential customers in Arkansas pay 12.32¢/kWh in 2024, spread across 1.5M metered households, placing the state 25.2% below the national residential average of 16.48¢/kWh. Commercial rates sit at 10.24¢/kWh while industrial buyers pay 6.61¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Annual residential sales total 18.6M MWh on roughly $2288.7M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

The generation mix is led by natural gas at 40.4% of in-state production, with coal providing 25.6% and nuclear supplying 24.1%. Renewable fuels, solar, wind, hydro, geothermal, and biomass, collectively account for 9.8% of Arkansas's electricity output, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Legacy fuels still dominate here, which tends to tie retail rates to commodity cycles.

Looking back across EIA records, residential prices in Arkansas moved from 9.92¢/kWh in 2016 to 12.32¢/kWh in 2024, a 24.2% shift over that window. Comparable-priced neighbors include Oklahoma, Tennessee, Utah, which gives a peer set for sanity-checking local quotes. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.

-25.2%

vs the US residential average

84%

of states have higher residential rates

10%

renewable share, below the US mix

1.5M

residential customers served

How Arkansas compares

Residential
Arkansas 12.32¢
US average 16.48¢
-25% vs benchmark
Commercial
Arkansas 10.24¢
US average 12.75¢
-20% vs benchmark
Industrial
Arkansas 6.61¢
US average 8.13¢
-19% vs benchmark

Cents per kWh, EIA Form 861. Pick a benchmark above to compare Arkansas against the US average or a peer state.

Residential Price History

Year Price Change
2024 12.32¢/kWh +0.6%
2023 12.25¢/kWh +1.7%
2022 12.05¢/kWh +6.9%
2021 11.27¢/kWh +8.3%
2020 10.41¢/kWh +6.2%
2019 9.80¢/kWh -0.1%
2018 9.81¢/kWh -4.6%
2017 10.28¢/kWh +3.6%
2016 9.92¢/kWh

Energy Generation Mix

How Arkansas generates its electricity. Renewable sources account for 9.8% of generation.

Natural Gas 40.4%
Coal 25.6%
Nuclear 24.1%
Hydro renewable 5.1%
Solar renewable 4.6%
Pumped Storage 0.1%

+ 2 other sources

Arkansas Generation Mix

Natural Gas40.4Coal25.6Nuclear24.1Hydro5.1Solar4.6Pumped Storage0.1
Arkansas Generation Mix

Market Overview

Residential Revenue

$2288.7M

Commercial Revenue

$1206.8M

Residential Sales

18.6M MWh

Residential Customers

1.5M

Frequently Asked Questions

How much does electricity cost in Arkansas?
Residential electricity in Arkansas costs 12.32¢/kWh (2024), which is 25.2% below the national average. Commercial rate: 10.24¢/kWh. Industrial rate: 6.61¢/kWh.
How much of Arkansas's electricity is renewable?
Renewable sources account for 9.8% of Arkansas's electricity generation (2024). The top source is natural gas at 40.4%.
Are electricity prices going up in Arkansas?
From 2016 to 2024, residential electricity in Arkansas changed from 9.92¢/kWh to 12.32¢/kWh (+24.2%).
What are commercial and industrial electricity rates in Arkansas?
Commercial electricity in Arkansas costs 10.24¢/kWh and industrial costs 6.61¢/kWh (2024).
What is the cheapest energy source in Arkansas?
Arkansas's electricity generation is led by natural gas at 40.4% of the mix, followed by coal at 25.6% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's Arkansas electricity data come from?
All electricity price and generation data comes from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. Data is updated annually.

Data Sources

Electricity price and generation data from the U.S. Energy Information Administration (EIA) (2024). Prices in cents per kilowatt-hour (kWh). Revenue in dollars. Sales in megawatt-hours.

Generation mix data shows the share of each fuel source used to produce electricity in Arkansas. Renewable sources include solar, wind, hydroelectric, geothermal, and biomass.

Related

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.