Spruce Finance electricity rates
Spruce Finance charges an average of 10.67 cents per kilowatt-hour to residential customers, and the average household on its system paid $101 a month using 946 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.
Behind the Meter AZPS Arizona
Where Spruce Finance sits
It is a smaller system, serving 3,620 residential customers, which means its fixed costs are spread across a narrow base. At 10.67¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Arizona, 29.9% under the statewide average of 15.23¢.
Consumption is close to the national norm at 946 kilowatt-hours a month against 871, so the rate translates fairly directly into the bill.
That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.
| Rate | Monthly bill | Monthly kWh | |
|---|---|---|---|
| Spruce Finance | 10.67¢ | $101 | 946 |
| Arizona average | 15.23¢ | $160 | 1,041 |
| United States average | 18.44¢ | $155 | 871 |
Utility figures: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024. State and national figures: Electric Power Monthly, May 2026. Methodology
Other Arizona utilities
| Utility | Rate | Bill | Customers |
|---|---|---|---|
| Arizona Public Service Co | 16.45¢ | $170 | 1.3 million |
| Salt River Project | 13.46¢ | $163 | 1.1 million |
| Sunnova | 17.99¢ | $188 | 2,935 |
| Dixie Escalante R E A, Inc | 9.60¢ | $103 | 2,790 |
| Gila River Indian Utility Authority (GRICUA) | 14.25¢ | $208 | 2,682 |
Spruce Finance rates: common questions
How much does Spruce Finance charge per kilowatt-hour?
An average of 10.67 cents per kilowatt-hour across its residential customers in 2024. That is -29.9% against the Arizona average of 15.23¢ and -42.1% against the national average of 18.44¢. It is an all-in average across every residential rate schedule the utility offers, not a specific tariff.
What is the average Spruce Finance bill?
$101 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 946 kWh a month. The national average bill is $155 at 871 kWh.
Who owns Spruce Finance?
It is classified by the EIA as a behind the meter.
Is Spruce Finance expensive compared with other Arizona utilities?
It ranks #21 of the 22 Arizona utilities covered here, counting from the most expensive. Nationally it ranks #1226 of 1369.