Southwestern Electric Power Co electricity rates

It serves 156,271 residential customers in Texas. At 12.03¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Texas, 26.8% under the statewide average of 16.44¢.

Its customers use more electricity than the national norm, 1,058 kilowatt-hours a month against 871, which amplifies whatever the rate does.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. 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.

In 2024 the average Southwestern Electric Power Co customer went 1,057 minutes without electricity across 3.36 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is far worse than typical, and figures at this level almost always reflect a major storm season rather than everyday performance. A single hurricane or ice storm can dominate the annual number.

Southwestern Electric Power Co offers time-of-use pricing to residential customers. 156,271 households were enrolled, about 100% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.