US Energy Price Monitorby KadoaUpdated weeklyStar on GitHub

NewInsight: Investor-owned utilities charge 23% more for power

Texas

Xcel Energy (Southwestern Public Service) electricity rates

What homes pay Xcel Energy (Southwestern Public Service) for electricity, from EIA.

Investor-owned utility, 226,232 homes in Texas. EIA lists it as Southwestern Public Service Co.

Headlines

Average price
14.0¢ a kWh
Up 1.8% on a year ago
Average bill
$134 a month
Up 3.9% on a year ago
Average use
956 kWh
A month. Texas 1,113 kWh
Price rank in Texas
4 of 6
1 is the most expensive

Over the 12 months to August 2026, Xcel Energy (Southwestern Public Service) homes paid 14.0¢ a kWh, against 16.0¢ across Texas.

Many homes in Texas buy power from a retail supplier. These figures cover Xcel Energy (Southwestern Public Service)'s own customers, who buy delivery and power from it.

Xcel Energy (Southwestern Public Service) vs Texas

Xcel Energy (Southwestern Public Service)Texas
Average price, 12 months to August 202614.0¢16.0¢
Price in August 202614.9¢15.9¢
Average monthly bill, 12 months$134$178
Bill in August 2026$228$266
Average monthly use956 kWh1,113 kWh
Price change, past year+1.8%+4.8%
Price change since 2019+37%+36%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including August 2026

Source: EIA-861M monthly utility survey.