Electricity Rates in Parks, AR
Residents of Parks, AR benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Arkansas Valley Elec Coop Corp being the largest.
Electricity Providers in Parks
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Arkansas Valley Elec Coop Corp | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Entergy Arkansas LLC | 13.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Parks
At 13.0¢/kWh, a typical Parks household spends approximately $1382.16/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 Parks
Charging an electric vehicle at home in Parks costs approximately $117.00/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 Parks, AR?
The average residential electricity rate in Parks, AR is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Parks?
Parks is served by 2 electricity providers. Arkansas Valley Elec Coop Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Parks electricity rates compare to the rest of Arkansas?
Parks's average rate of 13.0¢/kWh is close to the Arkansas state average of 13.0¢/kWh. Rates are typical for the region.