Rate comparison

How this price compares

Ranked by price against the 45 utilities reporting residential rates in Kentucky, Duke Energy Kentucky comes 30th of 45. The state's range runs from City of Berea Municipal Utility at 9.04¢ to Grayson Rural Electric Coop Corp at 16.07¢, so where a household sits inside Kentucky depends far more on which utility serves it than on the statewide average alone.

Against the 3 other investor owned utilities reporting in Kentucky, whose customer-weighted average is 12.46¢, Duke Energy Kentucky is close to its own ownership class within the state (+7.9%).

State price distribution

Territory and usage

Scale and consumption

Duke Energy Kentucky reported 139.4K residential customers, ranking 3rd of 45 utilities in Kentucky by customers served and covering 6.8% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 10,669 kWh per customer per year - -12.5% against the Kentucky median of 12,192 kWh , implying a typical annual bill near $1,434.

State peers

Every utility reporting in Kentucky

All 45 utilities reporting bundled residential service in Kentucky, largest first, with Duke Energy Kentucky marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in Kentucky.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Kentucky, these indexable investor owned utilities report the closest residential averages to Duke Energy Kentucky in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

FAQ

Common questions about Duke Energy Kentucky rates

How much does Duke Energy Kentucky charge per kWh?

Duke Energy Kentucky reported an average residential price of 13.44¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is Duke Energy Kentucky expensive compared with the rest of Kentucky?

Its average residential price is close to the Kentucky customer-weighted average of 12.79¢ per kWh, a difference of +5.1%. The state figure is weighted by customers across the 45 utilities reporting residential service in Kentucky.

What is the average electricity bill for Duke Energy Kentucky customers?

Dividing reported residential sales by residential customers gives about 10,669 kWh per customer per year. At the reported average price that implies roughly $1,434 a year, or about $120 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns Duke Energy Kentucky?

EIA classifies Duke Energy Kentucky as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

What this page does and does not tell you

• An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
• Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology and comparing utility costs across states .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.