Duke Energy Kentucky residential customers paid an average of 13.44¢/kWh in 2024 —
5% above the Kentucky average of 12.80¢/kWh (EIA-861).
It served 139,405 residential customers across 6 KY counties.
Territories are fixed by address, but the cheapest nearby utility, Kentucky Utilities (11.85¢), works out about $172/yr less at 10,800 kWh/yr.
How Duke Energy Kentucky compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Duke Energy Kentucky, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| Kentucky Utilities Co | 11.85 | 450,673 | -1.60 | -$172 |
| Blue Grass Energy Coop Corp | 12.32 | 60,641 | -1.12 | -$121 |
| Owen Electric Coop Inc | 12.55 | 63,984 | -0.90 | -$97 |
| Pennyrile Rural Electric Coop | 13.16 | 40,645 | -0.28 | -$30 |
| Duke Energy Kentucky (this page) | 13.44 | 139,405 | — | — |
4 bundled utilities (≥5,000 customers) share at least one county with Duke Energy Kentucky. Positive $/yr = that utility's customers pay more than Duke Energy Kentucky customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where Duke Energy Kentucky customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Duke Energy Kentucky premium, $/yr |
|---|---|---|---|
| Campbell | Kentucky Utilities Co | 11.85 | +$172 |
| Gallatin | Kentucky Utilities Co | 11.85 | +$172 |
| Grant | Kentucky Utilities Co | 11.85 | +$172 |
| Pendleton | Kentucky Utilities Co | 11.85 | +$172 |
| Boone | Owen Electric Coop Inc | 12.55 | +$97 |
| Kenton | Owen Electric Coop Inc | 12.55 | +$97 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 12.15 | 13.44 | +10.6% |
| Residential customers | 136,696 | 139,405 | +2.0% |
Ownership: Investor Owned. Statewide context: Kentucky electricity rates.
Supply vs delivery on a Duke Energy Kentucky bill
Kentucky is a regulated retail market — Duke Energy Kentucky customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: psc.ky.gov.
Counties served (KY, EIA-861 2024)
Boone · Campbell · Gallatin · Grant · Kenton · Pendleton
Head-to-head comparisons
- Kentucky Utilities Co vs Duke Energy Kentucky
- Duke Energy Kentucky vs Owen Electric Coop Inc
- Duke Energy Kentucky vs Blue Grass Energy Coop Corp
Questions people ask
- Is Duke Energy Kentucky more expensive than other Kentucky utilities?
- Duke Energy Kentucky customers paid an average 13.44 cents/kWh in 2024 — 5% above the Kentucky volume-weighted average of 12.80 cents (EIA-861, bundled residential service).
- Can I switch away from Duke Energy Kentucky?
- No — distribution territory is fixed by address and Kentucky has no residential supplier shopping. Rate changes go through the state utility commission (psc.ky.gov).
- How many customers does Duke Energy Kentucky have?
- 139,405 residential customers in Kentucky in 2024 across 6 counties, per its EIA-861 federal filing. Ownership type: investor-owned.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861)
and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff,
usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states
you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr
(US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes
and is not affiliated with any utility, supplier, or government agency.