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ElectricityRatePerKWh

AEP (American Electric Power) Electricity Rate per kWh in 2026

Residential Rate
17.18¢
Commercial
11.43¢
Customers
5.6M
Rate Type
mixed

How much does AEP charge per kWh in 2026?

AEP’s estimated effective residential rate is about 17.18 cents per kWh as of June 2026. A typical home using 1,000 kWh a month pays roughly $182, including the about $10 monthly customer charge. Commercial service runs about 11.43c/kWh. This is a representative average; your exact rate depends on the tariff, season, and fuel and rider charges on AEP’s official rate schedule.

2026 published rate: American Electric Power (AEP) runs seven separate rate-regulated operating companies serving about 5.6 million customers across 11 states, so the AEP rate you search for depends on which company serves you. Using EIA state residential averages for May 2026, the price was about 19.52 cents per kWh in Ohio (AEP Ohio), 17.61 cents in Virginia and 16.80 in West Virginia (Appalachian Power), 16.44 cents in Texas (AEP Texas and SWEPCO), 18.15 cents in Indiana and 22.01 in Michigan (Indiana and Michigan Power), 14.98 cents in Kentucky (Kentucky Power), 13.38 cents in Oklahoma (Public Service Company of Oklahoma), and 14.36 in Arkansas and 14.15 in Louisiana (SWEPCO), against a US average of 18.44 cents. The roughly 17.2 cents shown above is a customer-weighted blend across all of them. Each company files rates separately, so 2026 changes vary by state. The most notable pending case is in Virginia: on 29 May 2026 Appalachian Power filed its biennial review with the State Corporation Commission seeking a $61.4 million base-rate increase, about $9.10 a month more for a typical 1,000 kWh residential customer, its lowest base-rate request in nearly 30 years thanks to securitization savings, with the SCC due to decide by 15 January 2027 and any new rates effective as early as March 2027. In deregulated Ohio, AEP Ohio delivers the power but customers buy generation either from the utility's competitively procured Standard Service Offer or from a retail supplier through Ohio's Apples to Apples marketplace. AEP's standard residential plans add a fixed monthly customer charge of roughly $9 to $16 depending on the operating company, plus monthly fuel and rider adjustments that move the effective rate over time. EIA state residential averages, May 2026; Appalachian Power 2026 Virginia biennial review (filed 29 May 2026).

About AEP

AEP (American Electric Power) serves approximately 5.6 million residential customers across OH, TX, VA, WV, IN, MI, KY, OK, AR, LA, TN. The estimated effective residential rate is about 17.18 cents per kWh as of June 2026 - a representative average; see the official tariff schedule for your exact rate.

Service area: About 5.6 million electric customers across 11 states through seven operating companies: AEP Ohio (about 1.5 million in Ohio, including Columbus), AEP Texas (central, south, and west Texas), Appalachian Power (Virginia, West Virginia, and a small part of northeast Tennessee, including Roanoke and Charleston WV), Indiana and Michigan Power (northern Indiana and southwest Michigan, including Fort Wayne and South Bend), Kentucky Power (eastern Kentucky), Public Service Company of Oklahoma (eastern Oklahoma, including Tulsa), and Southwestern Electric Power (SWEPCO, serving northwest Louisiana, southwest Arkansas, and northeast Texas including Shreveport). AEP operates the largest electric transmission network in the United States.

Parent company: American Electric Power Company, Inc. (Nasdaq: AEP)

Recent rate case: AEP's seven operating companies file rates separately with their own state commissions, so 2026 changes vary by territory. The most notable pending case is in Virginia, where Appalachian Power filed its biennial review with the State Corporation Commission on 29 May 2026 seeking a $61.4 million base-rate increase, about $9.10 a month for a typical 1,000 kWh residential customer and its lowest base-rate request in nearly 30 years thanks to securitization savings. The SCC is due to decide by 15 January 2027, with any new rates effective as early as March 2027. These figures are proposed, not final; consult each operating company's tariff schedule (linked above) for current approved pricing.

AEP Bill Calculator: Cost by Monthly Usage

Estimated monthly bill at 17.18c/kWh plus the $10 fixed charge. Formula: kWh x rate + fixed charge.

Monthly usageEstimated bill
250 kWh$52.95/mo
500 kWh$95.90/mo
750 kWh$138.85/mo
1,000 kWh (typical home)$181.80/mo
1,250 kWh$224.75/mo
1,500 kWh$267.70/mo

A representative estimate using the effective average rate. Your exact bill depends on the tariff, season, and fuel and rider charges. Calculate with your own usage ->

Quick Reference
Fixed charge$10/mo
States servedOH, TX, VA, WV, IN, MI, KY, OK, AR, LA, TN
Rate structuremixed
Official tariff schedule ->
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Use our bill calculator for an estimate with your actual kWh usage.

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State Rate
Ohioelectricity rate ->

AEP on Form EIA-861: 2024 Reported Sales, Customers and Realised Prices

EIA's 2024 Form 861 census lists 8 operating companies behind AEP (Ohio Power Co, utility 14006; Appalachian Power Co, utility 733; Indiana Michigan Power Co, utility 9324; Public Service Co of Oklahoma, utility 15474; Southwestern Electric Power Co, utility 17698; Kentucky Power Co, utility 22053; Kingsport Power Co, utility 10331; Wheeling Power Co, utility 20521), together serving 3,869,003 residential accounts (bundled plus delivery-only) in OH, OK, VA, IN, WV, LA, TX, KY, MI, AR, TN across 263 counties. Weighted across those companies, the 2024 average realised residential price for bundled service was 15.68 cents per kWh (total residential revenue divided by total residential sales). The spread runs from 11.53c (Southwestern Electric Power Co, Arkansas) to 19.33c (Ohio Power Co, Ohio). These are annual averages of what customers actually paid, including fuel and rider charges, so they will not match the tariff rate on a current bill; the estimated effective rate above is the site's forward-looking figure.

Operating companyEIA #StateOwnershipRes. accountsResidentialCommercialIndustrialRank in stateShare of res. MWhCounties2025 early release
Ohio Power Co14006OHInvestor Owned1,339,23219.33c16.51c15.18c1 of 3727.1%5418.97c
Public Service Co of Oklahoma15474OKInvestor Owned501,09312.73c8.79c5.95c2 of 3525.9%4614.23c
Appalachian Power Co733VAInvestor Owned465,28317.02c13.61c10.43c2 of 1912.9%3417.16c
Indiana Michigan Power Co9324INInvestor Owned422,06216.31c11.90c8.44c4 of 4612.7%2517.16c
Appalachian Power Co733WVInvestor Owned348,94616.77c12.35c8.76c1 of 543.4%2116.97c
Southwestern Electric Power Co17698LAInvestor Owned207,01113.46c11.55c8.51c3 of 218.7%1113.85c
Southwestern Electric Power Co17698TXInvestor Owned156,27112.03c9.90c6.21c19 of 1641.2%2512.60c
Kentucky Power Co22053KYInvestor Owned130,85215.07c13.34c8.32c4 of 467.1%2015.95c
Indiana Michigan Power Co9324MIInvestor Owned112,60017.00c12.15c11.62c4 of 303.3%617.19c
Southwestern Electric Power Co17698ARInvestor Owned108,10211.53c9.12c6.74c2 of 285.9%1412.14c
Kingsport Power Co10331TNInvestor Owned43,15912.84c13.81c9.32c15 of 881.4%312.28c
Wheeling Power Co20521WVInvestor Owned34,39217.41c12.39c7.15c4 of 53.5%417.61c

Data year 2024, EIA-861 final released 3 December 2025. Res. accounts = residential accounts served, bundled plus delivery-only where the company has delivery-only rows; the residential, commercial and industrial prices are the bundled figures (the price basis). Rank is by residential accounts served among the state's utilities with bundled or delivery service; share is the company's share of the state's residential sales in MWh, not of its customers. Delivery-only rows show the wires charge only. The 2025 early-release column is preliminary and unvalidated by EIA.

Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Frequently Asked Questions

What is the AEP rate per kWh in 2026?+
American Electric Power (AEP) runs seven separate rate-regulated operating companies serving about 5.6 million customers across 11 states, so the AEP rate you search for depends on which company serves you. Using EIA state residential averages for May 2026, the price was about 19.52 cents per kWh in Ohio (AEP Ohio), 17.61 cents in Virginia and 16.80 in West Virginia (Appalachian Power), 16.44 cents in Texas (AEP Texas and SWEPCO), 18.15 cents in Indiana and 22.01 in Michigan (Indiana and Michigan Power), 14.98 cents in Kentucky (Kentucky Power), 13.38 cents in Oklahoma (Public Service Company of Oklahoma), and 14.36 in Arkansas and 14.15 in Louisiana (SWEPCO), against a US average of 18.44 cents. The roughly 17.2 cents shown above is a customer-weighted blend across all of them. Each company files rates separately, so 2026 changes vary by state. The most notable pending case is in Virginia: on 29 May 2026 Appalachian Power filed its biennial review with the State Corporation Commission seeking a $61.4 million base-rate increase, about $9.10 a month more for a typical 1,000 kWh residential customer, its lowest base-rate request in nearly 30 years thanks to securitization savings, with the SCC due to decide by 15 January 2027 and any new rates effective as early as March 2027. In deregulated Ohio, AEP Ohio delivers the power but customers buy generation either from the utility's competitively procured Standard Service Offer or from a retail supplier through Ohio's Apples to Apples marketplace. AEP's standard residential plans add a fixed monthly customer charge of roughly $9 to $16 depending on the operating company, plus monthly fuel and rider adjustments that move the effective rate over time. (Source: EIA state residential averages, May 2026; Appalachian Power 2026 Virginia biennial review (filed 29 May 2026).)
What is the current AEP rate per kWh?+
AEP (American Electric Power)'s estimated effective residential rate is about 17.18 cents per kWh as of June 2026. This is a representative average; your exact rate depends on the tariff, season, and fuel/rider charges shown on the utility's official rate schedule (linked below). The estimated commercial rate is 11.43c/kWh, and the monthly fixed customer charge is roughly $10 regardless of usage.
What rate structure does AEP use?+
AEP (American Electric Power) uses a mixed rate structure. Flat rates charge the same per-kWh price regardless of usage level or time of day.
How do I calculate my AEP bill from the rate per kWh?+
Multiply your monthly kilowatt-hours by the per-kWh rate, then add the fixed customer charge. Using AEP's estimated effective residential rate of 17.18 cents per kWh and its roughly $10 monthly fixed charge, a home using 750 kWh a month works out to about (750 x $0.1718) + $10 = $138.85 a month. The table above shows the same math across usage levels from 250 to 1,500 kWh. This is a representative estimate; your exact rate depends on the tariff, season, and fuel and rider charges on the official schedule linked above.
How do I find my AEP rate on my bill?+
Your electricity bill shows the total kWh consumed and the charges applied. Look for the 'energy charge' or 'supply charge' line item - this is the per-kWh rate times your usage. Delivery charges (transmission and distribution) are listed separately and represent a significant portion of your total rate. The fixed customer charge appears as a flat line item. Your effective combined rate (all charges / total kWh) may differ from the tariff rate due to the fixed charge amortization.
What recent rate changes has AEP made?+
AEP's seven operating companies file rates separately with their own state commissions, so 2026 changes vary by territory. The most notable pending case is in Virginia, where Appalachian Power filed its biennial review with the State Corporation Commission on 29 May 2026 seeking a $61.4 million base-rate increase, about $9.10 a month for a typical 1,000 kWh residential customer and its lowest base-rate request in nearly 30 years thanks to securitization savings. The SCC is due to decide by 15 January 2027, with any new rates effective as early as March 2027. These figures are proposed, not final; consult each operating company's tariff schedule (linked above) for current approved pricing.
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