APSC approves rate increase for SWEPCO

The Arkansas Public Service Commission has approved a base rate increase for SWEPCO customers in Arkansas, as well as an interim fuel adjustment for the 2021 winter storm fuel recovery cost.

SWEPCO residential customers in Arkansas using 1,000 kilowatt-hours (kWh) will see a total increase of approximately $13.02 per month on their bill. The increase includes a 9.49% base rate increase, which makes up approximately $10.57 per month for an Arkansas residential customer using 1,000 kWh. The total bill also includes an adjustment in the Energy Cost Recovery rate, making up approximately $2.45 per month of the increase for Arkansas residential customers using 1,000 kWh. For commercial, industrial, municipal and lighting rate classes, the impact of the new rates varies by rate class and usage characteristics. The new rates begin with bills issued for the first billing cycle of July.

SWEPCO filed the base rate request with the APSC in July 2021.