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. As part of
the eleven-state American Electric Power system, we have the resources to provide
information on available sites and buildings through our
award-winning
ProCure® system,
along with community profiles and almost a full century of experience in the
communities we serve.
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 |
7.39c/kWh |
8.62c/kWh |
10.95c/kWh |
| SWEPCO's average residential rate is 14.27% less expensive that the state average and 32.5% less than the national average! |
| Commercial |
5.89c/kWh |
6.63c/kWh |
9.53c/kWh |
| SWEPCO's average commercial rate is 11.2% less expensive than the state average and 38.2% less than the national average! |
| Industrial |
4.95c/kWh |
5.33c/kWh |
6.15c/kWh |
| SWEPCO's average industrial rate is 7.13% less expensive that the state average and 19.51% less than the national average! |
| LOUISIANA |
| Residential |
7.51c/kWh |
9.95c/kWh |
10.95c/kWh |
| SWEPCO's average residential rate is 24.6% less expensive than the state average and 31.42% less than the national average! |
| Commercial |
6.21c/kWh |
9.32c/kWh |
9.53c/kWh |
| SWEPCO's average commercial rate is 33.37% less expensive than the state average and 34.84% less than the national average! |
| Industrial |
5.32c/kWh |
6.76c/kWh |
6.15c/kWh |
| SWEPCO's average industrial rate is 21.3% less expensive than the state average and 13.5% less than the national average! |
| TEXAS |
| Residential |
7.61c/kWh |
9.54c/kWh |
10.95c/kWh |
| SWEPCO's average residential rate is 20.23% less expensive than the state average and 30.5% less than the national average! |
| Commercial |
6.25c/kWh |
8.30c/kWh |
9.53c/kWh |
| SWEPCO's average commercial rate is 24.7% less expansive than the state average and 34.42% less than the national average! |
| Industrial |
5.17c/kWh |
5.85c/kWh |
6.15c/kWh |
| SWEPCO's average industrial rate is 11.6% less expensive than the state average and 15.94% less than the national average! |
* 12 months ending 12/31/07 for investor owned utilities.
Source: "Typical Bills and Average Rates Report Winter 2008"; Edison Electric Institute. |
For more information and/or assistance contact:
Arnie Frankel 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)
atfrankel@aep.com
Visit the AEP Economic Development home page.
