SWEPCO - Economic Development

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Economic Development

Southwestern Electric Power Company takes pride in working with local, regional and state economic development organizations to promote economic growth in our service territory, to bring new jobs and business to our communities

Visit the AEP Economic Development home page.

SWEPCO's economic development manager and external affairs managers offer economic development services throughout SWEPCO's service territory. They include, but are not limited to the following:

Offer electric rate analyses based on the client's needs
Available buildings data
Information on available sites for greenfield projects
Community Profiles
Work with the client to create project "request for proposals" from the communities SWEPCO serves in Texas, Arkansas and/or Louisiana
Receive/assemble proposals and package into one submission to client for review
Work closely with local, regional and state economic organizations to insure maximum client assistance
Create multi-city/state itineraries and meetings with local/state officials for site/buildings/community project tour

Low Electric Rates

SWEPCO's residential, commercial and industrial averages compared to State Averages and USA Average**

	SWEPCO	State Average	National Average
Arkansas
Residential	8.17 ¢/kWh	8.89 ¢/kWh	12.07 ¢/kWh
	SWEPCO average Residential rate is 8.10% less expensive than the state average, 32.3% less than the national average!
Commercial	6.62 ¢/kWh	6.74c/kWh	10.20 ¢/kWh
	SWEPCO average Commercial rate is 7.67% less expensive than the state average, 35.1% less than the national average!
Industrial	5.38 ¢/kWh	5.79 ¢/kWh	6.64 ¢/kWh
	SWEPCO average Industrial rate is 7.08% less expensive than the state average, 19.0% less than the national average!
Louisiana
Residential	8.17 ¢/kWh	8.82 ¢/kWh	12.07 ¢/kWh
	SWEPCO average Residential rate is 7.37% less expensive than the state average, 32.3% less than the national average!
Commercial	6.86 ¢/kWh	8.14 ¢/kWh	10.20 ¢/kWh
	SWEPCO average Commercial rate is 15.7% less expensive than the state average, 32.7% less than the national average!
Industrial	5.75 ¢/kWh	5.48 ¢/kWh	6.64 ¢/kWh
	SWEPCO average Industrial rate is 4.93% more expensive than the state average, 13.4% less than the national average!
Texas
Residential	7.87 ¢/kWh	9.49 ¢/kWh	12.07 ¢/kWh
	SWEPCO average Residential rate is 17.1% less expensive than the state average, 34.8% less than the national average!
Commercial	6.29 ¢/kWh	7.41 ¢/kWh	10.20 ¢/kWh
	SWEPCO average Commercial rate is 15.1% less expensive than the state average, 38.3% less than the national average!
Industrial	5.24 ¢/kWh	5.09 ¢/kWh	6.64 ¢/kWh
	SWEPCO average Industrial rate is the 2.9% more expensive than the state average, 21.1% less than the national average!

The above rates are NOT for DEREGULATED Texas.

** Data from Edison Electric Institute (EEI) Typical Bills and Average Rates Report Investor Owned Electric Utilities Winter, 2012

For more information and/or assistance contact:
Frank E. Crockett CEcD
Manager, Economic Development
Arkansas/Texas/Louisiana
AEP Southwestern Electric Power Company
428 Travis St.
Shreveport, LA 71101
318.673.3170
318.469.8545 (cell)
fecrockett@aep.com

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