Duke Energy Electric Rates Cincinnati

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Duke energy electric rates cincinnati.

Duke s gcr rate was 0 3212 per ccf effective august 28 2020 through september 28 2020. The company s electric customers will continue to pay rates below national and state averages. Headquartered in charlotte north carolina duke energy is the largest electric power holding company in the united states. This utility company is owned by duke energy a company that merged with cinergy corp in 2006 before expanding its.

Duke energy is a well recognized utility and has been. Duke energy ohio is an electric and natural gas utility company that serves customers in southwest ohio the company serves approximately 840 000 residential commercial and industrial customers spread across cincinnati hamilton georgetown middletown williamsburg and bethel. Duke power expanded into the natural gas market in 1997 with the merger of panenergy creating duke energy. In 2006 duke energy entered the ohio electricity and natural gas markets by acquiring cinergy a rollup of cincinnati gas electric co.

For gas supply cbe s 12 month fixed rate offer is 5 less than duke s prior month s ptc. Compare the supplier offers contained in the chart with the price to compare shown on your electric bill. Duke energy ohio duke s gas cost recovery gcr rate varies each month and provides a dollar for dollar recovery of costs incurred by the local utility to purchase natural gas. Duke energy provides detailed rate information to help you understand your energy bill.

Duke s typical residential rate rs price to compare for the generation supply portion of your bill for the period of july 1 2020 until september 30 2020 is 0546 kwh. Owning 58 200 megawatts of base load and peak generation duke energy serves around 7 2 million customers. Duke energy ohio formerly know as cincinnati gas electric company is a subsidiary of duke. Serving around a 7 7 million customer base in six us states the formerly known cincinnati gas electric company now called duke energy can brag about being one of the electric power giants in the us.

Cbe updates its fixed rates within 3 business days of the beginning of the month to conform with any recent changes to duke s ptc. Cincinnati the kentucky public service commission kpsc issued an order on april 27 approving new rates for duke energy kentucky s 143 000 electric customers effective today.