Electricity Rates in Midland, AR
Residents of Midland, AR benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Southwestern Electric Power Co serves the area.
Electricity Providers in Midland
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| 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 Midland
At 12.0¢/kWh, a typical Midland 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 Midland
Charging an electric vehicle at home in Midland 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 Midland, AR?
The average residential electricity rate in Midland, 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 Midland?
Midland is served by 1 electricity provider. Southwestern Electric Power Co is the largest provider in the area.
How do Midland electricity rates compare to the rest of Arkansas?
Midland'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.