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Southwestern Electric Power Co: what its customers actually pay

Data as of: EIA-861 annual 2024 (released 2025) · EIA monthly state prices February 2026 · EIA weekly heating-fuel survey Mar 30, 2026 · retail-choice registry reviewed Jun 2026 · URDB tariffs pulled Jun 2026. Page generated 2026-06-12.

Southwestern Electric Power Co residential customers paid an average of 12.03¢/kWh in 202420% below the Texas average of 14.96¢/kWh (EIA-861). It served 156,271 residential customers across 25 TX counties. Territories are fixed by address, but the cheapest nearby utility, Panola-Harrison Elec Coop (9.41¢), works out about $282/yr less at 10,800 kWh/yr.

How Southwestern Electric Power compares with the utilities next door

Utilities filing EIA-861 service territory in at least one county that Southwestern Electric Power also serves — average residential ¢/kWh (EIA-861 2024) and annual cost difference vs Southwestern Electric Power at 10,800 kWh/yr
Utility2024 ¢/kWhCustomersΔ vs Southwestern Electric Power, ¢/kWh$/yr difference
Panola-Harrison Elec Coop, Inc 9.41 9,394 -2.62 -$282
South Plains Electric Coop Inc 10.35 56,173 -1.68 -$181
Trinity Valley Elec Coop Inc 11.26 79,954 -0.77 -$83
Farmers Electric Coop, Inc 11.51 84,006 -0.51 -$55
Southwestern Electric Power Co (this page) 12.03 156,271
Upshur Rural Elec Coop Corp 12.40 44,415 +0.37 +$40
Bowie-Cass Electric Coop, Inc 12.56 34,526 +0.54 +$58
Wood County Electric Coop, Inc 12.83 35,793 +0.80 +$87
Rusk County Electric Coop, Inc 12.89 18,152 +0.87 +$94
Deep East Texas Elec Coop Inc 13.10 40,404 +1.08 +$116
Southwestern Public Service Co 13.35 222,146 +1.33 +$143
Lamar County Elec Coop Assn 13.71 12,935 +1.69 +$183

12 bundled utilities (≥5,000 customers) share at least one county with Southwestern Electric Power. Showing the 11 cheapest. Positive $/yr = that utility's customers pay more than Southwestern Electric Power customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, while the supply portion is separately shoppable in Texas (see below).

Where Southwestern Electric Power customers pay more (county benchmark)

Counties served by Southwestern Electric Power Co: cheapest bundled utility operating in the same county and the annual difference at 10,800 kWh/yr (EIA-861 2024)
CountyCheapest utility in countyTheir ¢/kWhSouthwestern Electric Power premium, $/yr
HarrisonPanola-Harrison Elec Coop, Inc9.41 +$282
PanolaPanola-Harrison Elec Coop, Inc9.41 +$282
WheelerNorth Plains Electric Coop Inc10.15 +$203
ChildressSouth Plains Electric Coop Inc10.35 +$181
HallSouth Plains Electric Coop Inc10.35 +$181
Van ZandtTrinity Valley Elec Coop Inc11.26 +$83
FranklinFarmers Electric Coop, Inc11.51 +$55
HopkinsFarmers Electric Coop, Inc11.51 +$55

Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. In Texas you can shop the supply portion regardless of county. Showing the 8 highest-premium counties of 25 served.

Rate trend and size

Southwestern Electric Power Co residential average price and customers, EIA-861 2023 vs 2024
Metric20232024Change
Average price, ¢/kWh11.9212.03+0.9%
Residential customers155,326156,271+0.6%

Ownership: Investor Owned. Statewide context: Texas electricity rates.

Supply vs delivery on a Southwestern Electric Power bill

Texas has residential electric supply choice: Southwestern Electric Power delivers the power and bills a default supply rate, but you may buy the supply portion from a licensed competitor instead. Compare offers against the price to compare on the state's official shopping site: powertochoose.org.

Electric choice in ERCOT competitive TDU areas (~85% of load; munis/co-ops exempt; Power to Choose lists offers). No residential gas choice.

Counties served (TX, EIA-861 2024)

Bowie · Camp · Cass · Childress · Collingsworth · Donley · Franklin · Gray · Gregg · Hall · Harrison · Hopkins · Marion · Morris · Panola · Rains · Red River · Rusk · Shelby · Smith · Titus · Upshur · Van Zandt · Wheeler · Wood

Head-to-head comparisons

Questions people ask

Is Southwestern Electric Power Co more expensive than other Texas utilities?
Southwestern Electric Power Co customers paid an average 12.03 cents/kWh in 2024 — 20% below the Texas volume-weighted average of 14.96 cents (EIA-861, bundled residential service).
Can I switch away from Southwestern Electric Power Co?
You cannot switch the wires company — distribution territory is fixed by address. Texas does allow supply choice, so you can buy the supply portion of the bill from a licensed competitor via powertochoose.org if its offer beats the price to compare.
How many customers does Southwestern Electric Power Co have?
156,271 residential customers in Texas in 2024 across 25 counties, per its EIA-861 federal filing. Ownership type: investor-owned.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861) and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff, usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr (US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes and is not affiliated with any utility, supplier, or government agency.