Residential electricity prices in 71631 in January 2024 averaged approximately 11.24 cents per kilowatthour (¢/kWh), which was about 27% less than the national average rate of 15.45 ¢/kWh (January 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in 71631 differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from December 2022 to December 2023 - residential electricity prices in 71631 increased approximately 2%, from 11.35 ¢/kWh to 11.61 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in 71631 in January 2024 averaged 12.28 dollars per thousand cubic feet ($/Mcf), which was approximately 4% more than the national average rate of 11.82 $/Mcf (January 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Banks natural gas prices against U.S. average prices. Compare 71631 (Banks, AR) natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Banks (Arkansas) decreased approximately 26%, from 18.53 $/Mcf (December 2022) to 13.79 $/Mcf (December 2023). [2]
→ Natural gas prices listed as zero are not currently available.
The ZIP code of 71631 (Banks, AR) has an average annual solar radiation value of 5.32 kilowatt hours per square meter per day (kWh/m2/day). Compare Banks values to both low and high values in the U.S. overall: [3]
→ Solar radiation values listed as zero are not currently available.
See the chart below for a comparison of Banks solar radiation levels against other areas in the U.S. Compare Banks levels against both 1) low average solar radition levels (WA) and also 2) high average solar radiation levels (NV). [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Solar radiation values listed as zero are not currently available.
Households in the United States have benefited from falling energy prices in recent years, which has driven down the cost of living.
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Penn State researchers recently examined microgrids and discovered that they may not always be a wise economic move for communities.
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Through the analysis of publicly available data filed by electricity suppliers, the CT OCC discovered that electricity customers overpaid by $58 million in 2015.
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The ZIP code 71631 is associated with the city of Banks, AR in Bradley County. [4]
To learn more about utility rates & usage in 71631, or for other information related to utilities in Arkansas, visit the U.S. Energy Information Administration.
Five states accounted for about 40% percent of total U.S. natural gas usage in 2013: Texas, California, Louisiana, Florida, & New York.
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