What is the average electricity rate in Banks, Arkansas?

The average residential electricity rate in Banks is approximately 14.07¢/kWh per kWh. The average household pays around $112 per month for electricity.

What is the average natural gas bill in Banks?

Natural gas customers in Banks pay an average of $63 per month. The rate is approximately $1.60/therm per therm.

Which electric company serves Banks, Arkansas?

Electricity in Banks is distributed by Entergy Arkansas and Southwestern Electric Power Company (SWEPCO/AEP). Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Banks?

Banks natural gas service is provided by Arkansas Oklahoma Gas (AOG) and CenterPoint Energy Arkansas. Call them directly for new service connections or to report a gas leak.

How do Banks electricity rates compare to Arkansas averages?

Banks's electricity rate of 14.07¢/kWh is below the Arkansas state average of 14.36¢/kWh. This can reflect a municipal utility or favorable regional generation mix.

How do I start or stop utility service in Banks?

To start electric service in Banks, contact Entergy Arkansas and Southwestern Electric Power Company (SWEPCO/AEP). For gas service, contact Arkansas Oklahoma Gas (AOG) and CenterPoint Energy Arkansas. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.

Banks, Arkansas Gas & Electricity Rates — Utility Providers & Savings 2026

Gas & Electricity in Banks, Arkansas

Electricity in Banks, Arkansas (AR) is distributed by Entergy Arkansas at rates close to the Arkansas average of 14.36¢/kWh. Natural gas service is provided by Arkansas Oklahoma Gas (AOG). Contact your provider to set up service or inquire about bill assistance.

Compared to the Arkansas state average of 14.36¢/kWh/kWh, Banks's electricity rate of 14.07¢/kWh is 0.29¢ below the Arkansas average. As Arkansas has a regulated market, your utility is determined by your address.

Electric Utility in Banks

Entergy Arkansas
Southwestern Electric Power Company (SWEPCO/AEP)
Ozarks Electric Cooperative

Natural Gas Utility in Banks

Arkansas Oklahoma Gas (AOG)
CenterPoint Energy Arkansas
Black Hills Energy Arkansas

Banks vs Arkansas Energy Rates

Metric	Banks	Arkansas Average	US Average
Electric Rate (¢/kWh)	14.07¢	14.36¢	16.00¢
Gas Rate ($/therm)	$1.60	$1.58	$1.47
Monthly Electric Bill	$112	$114	$117
Monthly Gas Bill	$63	$62	$73

Energy Assistance Programs for Banks Residents

As a Arkansas city, Banks residents can access the following state and local assistance programs:

✅ Arkansas LIHEAP
✅ Arkansas Energy Assistance Program
✅ Low Income Crisis Intervention Program
✅ Weatherization Assistance

Energy-Saving Tips for Banks Residents

✓ Run your AC on a "dry" mode or use a standalone dehumidifier — moisture makes heat feel worse.
✓ Clean or replace AC filters monthly during summer to maintain airflow and efficiency.
✓ Consider a mini-split heat pump — it's highly efficient for both cooling and mild-winter heating.
✓ Install Energy Star certified windows to reduce solar heat gain.
✓ Use exhaust fans in bathrooms and kitchens to remove humidity at the source.

FAQ — Gas & Electricity in Banks, Arkansas

The average residential electricity rate in Banks is approximately 14.07¢/kWh per kWh. The average household pays around $112 per month for electricity.
Natural gas customers in Banks pay an average of $63 per month. The rate is approximately $1.60/therm per therm.
Electricity in Banks is distributed by Entergy Arkansas and Southwestern Electric Power Company (SWEPCO/AEP). Contact your provider at your local service address to confirm which utility serves your home.
Banks natural gas service is provided by Arkansas Oklahoma Gas (AOG) and CenterPoint Energy Arkansas. Call them directly for new service connections or to report a gas leak.
Banks's electricity rate of 14.07¢/kWh is below the Arkansas state average of 14.36¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
To start electric service in Banks, contact Entergy Arkansas and Southwestern Electric Power Company (SWEPCO/AEP). For gas service, contact Arkansas Oklahoma Gas (AOG) and CenterPoint Energy Arkansas. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.