State electricity profile · 2024

Arkansas Electricity

Arkansas's residential electricity rate is 12.32¢/kWh, 25.2% below the US average. Keep scrolling for the commercial and industrial breakdown and generation mix, per EIA filings.

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

The verdict · 2024

Arkansas's residential electricity runs 12.32¢/kWh - 25.2% below the 16.48¢/kWh national average, cheaper than 84% of states, with 10% of its power from renewables.

Rate is the EIA state average across all 1.5M residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.

What Arkansas's Electricity Data Tells Us

Households in Arkansas are billed 12.32¢/kWh on average for residential power, per 2024 EIA data, spread across 1.5M metered households; compared with the national residential average of 16.48¢/kWh, that's 25.2% lower. Commercial power runs 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. 18.6M MWh moved through residential meters over the year, generating about $2.3B in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

Look at where Arkansas's electricity actually comes from and natural gas tops the list at 40.4% of in-state production, backed up by coal at 25.6% and nuclear supplying 24.1%. 9.8% of Arkansas's electricity output comes from renewable fuels, solar, wind, hydro, geothermal, and biomass combined, 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. States charging a similar rate include Oklahoma, Tennessee, Utah, a useful peer set for a sanity check. 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 Gas40.4%
  • Coal25.6%
  • Nuclear24.1%
  • Hydrorenewable5.1%
  • Solarrenewable4.6%
  • Pumped Storage0.1%
  • Petroleum0.1%

Market Overview

Residential Revenue

$2.3B

Commercial Revenue

$1.2B

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.

Using Arkansas's numbers

This is the state average, use it as a benchmark, not a quote for your address.

  • Arkansas sits 25.2% below the national average, see exactly where it lands among all 50 states. See the rankings
  • Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Arkansas price trend
  • Compare Arkansas side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator

Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.

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.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.