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AEP Ohio vs Xcel Energy

AEP Ohio has 2.2% cheaper electricity at 15.21¢/kWh vs 15.56¢/kWh for Xcel Energy. A typical customer saves about $3.15/month with the cheaper utility.

AEP Ohio

15.21¢

per kWh

1,500,000 customers

Ohio

Xcel Energy

15.56¢

per kWh

1,400,000 customers

Colorado

Detailed Comparison

MetricAEP OhioXcel EnergyNational Avg
Avg Rate15.21¢/kWh15.56¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$136.89$140.04$154.98
Est. Annual Bill$1,642.68$1,680.48$1,859.76
Customers Served1,500,0001,400,000
Service StateOhioColorado
Service TypeElectricElectric & Gas

Bottom Line: AEP Ohio vs Xcel Energy

AEP Ohio offers the lower electricity rate at 15.21¢/kWh — 2.2% cheaper than Xcel Energy's 15.56¢/kWh. On a typical 900 kWh/month household, that's a savings of $3.15/month or $37.80/year.

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)