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Duke Energy Progress NC vs Xcel Energy

Duke Energy Progress NC has 11.3% cheaper electricity at 13.80¢/kWh vs 15.56¢/kWh for Xcel Energy. A typical customer saves about $15.84/month with the cheaper utility.

Duke Energy Progress NC

13.80¢

per kWh

1,700,000 customers

North Carolina

Xcel Energy

15.56¢

per kWh

1,400,000 customers

Colorado

Detailed Comparison

MetricDuke Energy Progress NCXcel EnergyNational Avg
Avg Rate13.80¢/kWh15.56¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$124.20$140.04$154.98
Est. Annual Bill$1,490.40$1,680.48$1,859.76
Customers Served1,700,0001,400,000
Service StateNorth CarolinaColorado
Service TypeElectricElectric & Gas

Bottom Line: Duke Energy Progress NC vs Xcel Energy

Duke Energy Progress NC offers the lower electricity rate at 13.80¢/kWh — 11.3% cheaper than Xcel Energy's 15.56¢/kWh. On a typical 900 kWh/month household, that's a savings of $15.84/month or $190.08/year.

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