Duke Energy Kentucky electricity rates

It serves 139,405 residential customers in Kentucky. Its 13.44¢ per kilowatt-hour sits 10.3% below the Kentucky average of 14.98¢.

Consumption is close to the national norm at 889 kilowatt-hours a month against 871, so the rate translates fairly directly into the bill.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Duke Energy Kentucky customer went 131 minutes without electricity across 0.85 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is better than the typical American utility, though the figure includes major storm days and can move sharply from one year to the next.

956 residential customers had net-metered solar in 2024, totalling 6.52 megawatts. That works out to 6.9 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is below the national median. A low retail rate reduces what solar displaces, and export compensation set at avoided cost rather than the retail rate reduces it further. What exports are actually worth.