Electricity Rates in Cave springs, AR
Residents of Cave springs, AR benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Carroll Electric Coop Corp - (AR) being the largest.
Electricity Providers in Cave springs
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Carroll Electric Coop Corp - (AR) | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| Southwestern Electric Power Co | 12.0¢/kWh | 9.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Cave springs
At 12.0¢/kWh, a typical Cave springs household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Cave springs
Charging an electric vehicle at home in Cave springs costs approximately $108.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Arkansas
Frequently Asked Questions
What is the average electricity rate in Cave springs, AR?
The average residential electricity rate in Cave springs, AR is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Cave springs?
Cave springs is served by 2 electricity providers. Carroll Electric Coop Corp - (AR) is the largest provider in the area, though rates and availability vary by specific address.
How do Cave springs electricity rates compare to the rest of Arkansas?
Cave springs's average rate of 12.0¢/kWh is 7.7% below the Arkansas state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.