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Duke Energy Carolinas vs Xcel Energy

Duke Energy Carolinas has 9.4% cheaper electricity at 14.09¢/kWh vs 15.56¢/kWh for Xcel Energy. A typical customer saves about $13.23/month with the cheaper utility.

Duke Energy Carolinas

14.09¢

per kWh

2,600,000 customers

North Carolina

Xcel Energy

15.56¢

per kWh

1,400,000 customers

Colorado

Detailed Comparison

MetricDuke Energy CarolinasXcel EnergyNational Avg
Avg Rate14.09¢/kWh15.56¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$126.81$140.04$154.98
Est. Annual Bill$1,521.72$1,680.48$1,859.76
Customers Served2,600,0001,400,000
Service StateNorth CarolinaColorado
Service TypeElectricElectric & Gas

Bottom Line: Duke Energy Carolinas vs Xcel Energy

Duke Energy Carolinas offers the lower electricity rate at 14.09¢/kWh — 9.4% cheaper than Xcel Energy's 15.56¢/kWh. On a typical 900 kWh/month household, that's a savings of $13.23/month or $158.76/year.

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