Ohio · Investor Owned · investor

Duke Energy Ohio Inc Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

15.00¢
Avg residential price / kWh
294.1K
Residential customers
-9.4%
vs Ohio average
$1,599
Implied avg annual bill

Among 194 utilities with 100,000 or more residential customers, Duke Energy Ohio Inc ranks #91 by average cents per kWh and #95 by residential customers. Duke Energy Ohio Inc charged an average of 15.00¢ per kWh to residential customers in 2024 - below the Ohio average and below the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Duke Energy Ohio Inc is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is below the Ohio customer-weighted average (-9.4%). Its customers used near the national residential norm at about 10,661 kWh a year each.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release OH-2024 · Duke Energy Ohio Inc BELOW STATE

Duke Energy Ohio Inc · Form 861 2024 · BELOW STATE

  • RATE 15.00¢/kWh
  • RANK #14/39
  • VS-ST -9.4%
  • VS-US -12.3%
  • CUST 294k
  • BILL $1,599
  • OWN IOU
  • PHOTO MO 0.01¢
  • BOOK 95/194

Nearest Form 861 price peer: Empire District Electric Co (MO) (-0.01¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Ohio rates

Duke Energy Ohio Inc in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • MO
    15
  • this util
    15
  • CO
    15
  • CO
    15
  • KY
    15

What this shows Duke Energy Ohio Inc reports 15.00¢/kWh, corpus customer-rank 95 of 194.

Source EIA Form 861 residential survey As of 2024
D51/100

RateWatt cost context

How Duke Energy Ohio Inc compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Ohio; the state generation context is shown separately.

Price against state peers
66/100

15.00¢/kWh · median 15.44¢/kWh

Implied annual bill against state peers
47/100

$1,599/yr · median $1,525/yr

State renewable generation context
18/100

8.1% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

How this price compares

Ranked by price against the 39 utilities reporting residential rates in Ohio, Duke Energy Ohio Inc comes 14th of 39. The state's range runs from City of Celina - (OH) at 9.12¢ to Sunnova at 30.00¢, so where a household sits inside Ohio depends far more on which utility serves it than on the statewide average alone.

Against the 5 other investor owned utilities reporting in Ohio, whose customer-weighted average is 17.69¢, Duke Energy Ohio Inc is below its own ownership class within the state (-15.2%).

State price distribution

Where Duke Energy Ohio Inc sits among Ohio utilities

2024 average residential price across the 39 utilities reporting a rate in Ohio

15.00¢/kWh Top 36% most affordable More affordable than 66% of 38 other utilities

Duke Energy Ohio Inc

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Duke Energy Ohio Inc average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Duke Energy Ohio Inc 15.00¢ -
Ohio (customer-weighted, 39 utilities) 16.55¢ -9.4%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ -12.3%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ -18.3%

Rate against consumption: Ohio utilities

Each dot is one of the 39 Ohio utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Duke Energy Ohio Inc is highlighted. In Ohio the cheapest rate belongs to City of Celina - (OH) (9.12¢) while the smallest implied annual bill belongs to Sunnova ($450) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 39 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 39 Ohio utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Duke Energy Ohio Inc is highlighted. In Ohio the cheapest rate belongs to City of Celina - (OH) (9.12¢) while the smallest implied annual bill belongs to Sunnova ($450) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Territory and usage

Scale and consumption

Duke Energy Ohio Inc reported 294.1K residential customers, ranking 2nd of 39 utilities in Ohio by customers served and covering 14.9% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 10,661 kWh per customer per year - -2.9% against the Ohio median of 10,984 kWh , implying a typical annual bill near $1,599.

State peers

Every utility reporting in Ohio

All 39 utilities reporting bundled residential service in Ohio, largest first, with Duke Energy Ohio Inc marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Ohio, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Ohio Power Co Investor Owned 550.8K 19.33¢
Duke Energy Ohio Inc (this page) Investor Owned 294.1K 15.00¢
Ohio Edison Co Investor Owned 251.8K 16.18¢
Dayton Power & Light Co Investor Owned 132.5K 15.32¢
Cleveland Electric Illum Co Investor Owned 131.4K 16.76¢
South Central Power Company Cooperative 117.5K 14.87¢
The Toledo Edison Co Investor Owned 79.0K 16.64¢
City of Cleveland - (OH) Municipal 64.9K 14.87¢
City of Hamilton - (OH) Municipal 27.0K 15.44¢
Licking Rural Electric Inc Cooperative 25.8K 16.88¢
City of Cuyahoga Falls - (OH) Municipal 24.3K 13.02¢
Consolidated Cooperative Cooperative 16.9K 16.11¢
Buckeye Rural Elec Coop, Inc Cooperative 16.3K 19.90¢
Pioneer Rural Elec Coop, Inc - (OH) Cooperative 16.3K 16.18¢
City of Westerville - (OH) Municipal 15.7K 13.19¢
City of Columbus - (OH) Municipal 15.5K 11.32¢
Guernsey-Muskingum El Coop Inc Cooperative 15.3K 18.00¢
Lorain-Medina R E C, Inc Cooperative 15.2K 17.26¢
Holmes-Wayne Electric Coop Inc Cooperative 14.7K 16.52¢
City of Bowling Green - (OH) Municipal 13.1K 15.36¢
City of Wadsworth - (OH) Municipal 12.2K 11.99¢
City of Niles - (OH) Municipal 11.9K 9.31¢
Union Rural Electric Coop, Inc Cooperative 11.8K 15.67¢
Butler Rural Electric Coop Inc - (OH) Cooperative 11.4K 18.16¢
Hancock-Wood Electric Coop Inc Cooperative 11.3K 17.05¢
Midwest Electric, Inc - (OH) Cooperative 10.8K 15.27¢
City of Painesville Municipal 10.8K 12.75¢
City of Piqua - (OH) Municipal 9.8K 12.85¢
Paulding-Putman Elec Coop, Inc Cooperative 9.2K 17.67¢
City of Lebanon - (OH) Municipal 8.7K 11.14¢
North Central Elec Coop, Inc - (OH) Cooperative 8.4K 17.09¢
City of Celina - (OH) Municipal 7.6K 9.12¢
City of Orrville - (OH) Municipal 6.3K 10.96¢
City of Dover - (OH) Municipal 5.9K 15.03¢
Clyde Light & Power Municipal 2.8K 12.10¢
Midwest Energy Cooperative - (MI) Cooperative 863 19.47¢
EverBright, LLC Behind the Meter 267 15.34¢
Palmetto Solar, LLC Behind the Meter 21 19.21¢
Sunnova Behind the Meter 4 30.00¢

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

Ownership class peers

Investor Owned utilities with similar residential prices

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

Same-ownership utilities outside Ohio nearest in residential price
Utility State Customers Avg ¢/kWh
Empire District Electric Co Missouri 142.5K 14.99¢
Public Service Co of Colorado Colorado 1.4M 15.05¢
Kentucky Power Co Kentucky 130.9K 15.07¢
Duke Energy Progress - (NC) South Carolina 143.7K 14.88¢
Commonwealth Edison Co Illinois 2.9M 15.22¢

FAQ

Common questions about Duke Energy Ohio Inc rates

How much does Duke Energy Ohio Inc charge per kWh?
Duke Energy Ohio Inc reported an average residential price of 15.00¢ 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 Ohio Inc expensive compared with the rest of Ohio?
Its average residential price is below the Ohio customer-weighted average of 16.55¢ per kWh, a difference of -9.4%. The state figure is weighted by customers across the 39 utilities reporting residential service in Ohio.
What is the average electricity bill for Duke Energy Ohio Inc customers?
Dividing reported residential sales by residential customers gives about 10,661 kWh per customer per year. At the reported average price that implies roughly $1,599 a year, or about $133 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Duke Energy Ohio Inc?
EIA classifies Duke Energy Ohio Inc 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.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.