Xcel Energy in Texas: rates, bills and outages
Xcel Energy's 223,685 residential customers in Texas paid an average of 13.94¢ per kWh in 2025, for an average bill of $130.54 a month on 937 kWh.1 Over the last 12 months (Sep 2025–Aug 2026) the average was 14.01¢, and 14.95¢ in August 2026.2
EIA-861 2025 final (released October 7, 2026) and EIA's monthly utility survey through August 2026 (preliminary); next monthly update expected November 24, 2026. Averages are revenue divided by kWh, all charges included: not the rate printed in a tariff.
45 of 254 Texas counties served (EIA-861 2025)
Xcel Energy's Texas homes, in the Panhandle and South Plains, paid an average of 13.94¢ per kWh in 2025, 9.5% below the Texas average1, and used less electricity than the average Texas home, so their bills were smaller too. The price has barely moved since: 14.01¢ per kWh2 over the last 12 months. What sets the utility apart is outage time: customers averaged 441 minutes without power in 2025, more than the Texas average of 225 minutes9.
The average price, three ways
In Texas, Xcel Energy is the trade name of Southwestern Public Service Company, which EIA lists as Southwestern Public Service Company. It sold electricity to 223,6851 residential customers in Texas in 2025, and the same company also serves New Mexico. The question "what does Xcel Energy charge per kWh" has three answers in EIA's data, each for a different period:
- Calendar 2025, final EIA-861: an average of 13.94¢ per kWh1.
- The last 12 months, September 2025 to August 2026, monthly EIA-861M with 2026 months preliminary: 14.01¢ per kWh.
- August 20263 alone, preliminary: 14.95¢ per kWh2, a summer month.
All three are averages, not tariff rates: Xcel Energy's residential revenue in Texas divided by the kWh its homes bought. That revenue carries the fixed monthly service charge, fuel cost recovery and riders, but not most taxes. Because the fixed charge is spread over fewer kWh in a small home, low users end up above the average and heavy users below it.
On the 2025 figure, Xcel Energy ranked 22nd highest of the 61 Texas utilities with 10,000 or more residential customers and was 21.6% below the national average for investor-owned utilities. Among the 177 US utilities with 100,000 or more residential customers it was 65th lowest of 177, below the median of 15.07¢ per kWh1.
A 2025 increase, then a level 12 months
From 2024 to 2025 the residential average rose 4.4%, from 13.35¢ per kWh to 13.94¢ per kWh, a little faster than the Texas average, which rose 3.1%5. The average bill rose less, from $127.83 to $130.54 (+2.1%), because use per home fell from 957 kWh4 to 937 kWh1 a month.
The monthly survey shows little change since. The 12 months to August 2026 averaged 14.01¢ per kWh, against 13.94¢ per kWh1 for calendar 2025. In August 2026 the average was 14.95¢ per kWh, −4.7%2 on August 2025, while the statewide residential average moved +3.3%3 over the same comparison. Comparing a month with the same month of the previous year keeps summer from looking like a price increase, which is how the chart below is drawn. Every 2026 month in it is preliminary and will be revised when the annual 2026 survey is final.
Source: EIA-861M monthly sales and revenue by utility; EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Residential revenue divided by kWh in each month, as reported to EIA's monthly survey (EIA-861M; months since January 2026 preliminary).
Show the numbers
| Month | Xcel Energy (¢/kWh) | kWh per customer | Bill per customer |
|---|---|---|---|
| January 2025 | 12.24¢ | 1,223 | $149.70 |
| February 2025 | 11.77¢ | 950 | $111.78 |
| March 2025 | 12.60¢ | 820 | $103.30 |
| April 2025 | 13.68¢ | 672 | $91.93 |
| May 2025 | 13.57¢ | 724 | $98.26 |
| June 2025 | 15.45¢ | 1,045 | $161.44 |
| July 2025 | 15.27¢ | 1,255 | $191.62 |
| August 2025 | 15.68¢ | 1,241 | $194.69 |
| September 2025 | 16.21¢ | 880 | $142.59 |
| October 2025 | 13.32¢ | 795 | $105.84 |
| November 2025 | 13.53¢ | 685 | $92.61 |
| December 2025 | 12.89¢ | 951 | $122.62 |
| January 2026 | 12.63¢ | 1,064 | $134.40 |
| February 2026 | 12.67¢ | 812 | $102.89 |
| March 2026 | 13.81¢ | 680 | $93.93 |
| April 2026 | 13.64¢ | 635 | $86.58 |
| May 2026 | 12.56¢ | 873 | $109.65 |
| June 2026 | 15.25¢ | 1,145 | $174.54 |
| July 2026 | 14.93¢ | 1,430 | $213.56 |
| August 2026 | 14.95¢ | 1,526 | $228.11 |
These are billed amounts. EIA does not split them into base rates, fuel and riders, so the data cannot say which part moved; how rate cases and fuel charges work their way into a bill is covered in the guide to electric rate increases.
Smaller bills than the Texas average, a large summer swing
Xcel Energy's Texas homes used 937 kWh a month on average in 2025, against 1,110 kWh for the average Texas home; Texas itself ranks 5th highest among the 50 states and DC on use per home. Lower use and a lower price together put the average bill at $130.541 in 2025, against $170.956 statewide; over the last 12 months (September 2025 to August 2026) it was $134.032, against $178.093 for Texas.
The season changes both use and price. Over those 12 months use per home fell to 635 kWh in April 2026, with an average bill of $86.58, and rose to 1,526 kWh in August 2026, with an average bill of $228.11. The monthly averages per kWh were also higher in the summer months than in winter and spring, so summer bills climb faster than summer use. The August 20262 bill was the highest of the 12 months even though that month's average price per kWh was below the same month a year earlier.
Source: EIA-861M monthly sales and revenue by utility. kWh per residential customer in each month (EIA-861M; months since January 2026 preliminary). The table adds the average bill and price for the month.
Show the numbers
| Month | kWh per customer | Bill per customer | ¢/kWh |
|---|---|---|---|
| September 2025 | 880 | $142.59 | 16.21¢ |
| October 2025 | 795 | $105.84 | 13.32¢ |
| November 2025 | 685 | $92.61 | 13.53¢ |
| December 2025 | 951 | $122.62 | 12.89¢ |
| January 2026 | 1,064 | $134.40 | 12.63¢ |
| February 2026 | 812 | $102.89 | 12.67¢ |
| March 2026 | 680 | $93.93 | 13.81¢ |
| April 2026 | 635 | $86.58 | 13.64¢ |
| May 2026 | 873 | $109.65 | 12.56¢ |
| June 2026 | 1,145 | $174.54 | 15.25¢ |
| July 2026 | 1,430 | $213.56 | 14.93¢ |
| August 2026 | 1,526 | $228.11 | 14.95¢ |
One company in two states
Southwestern Public Service reports to EIA separately for each state, and the two sides differ. In 2025 its New Mexico homes paid 12.86¢ per kWh on average, against 13.94¢ per kWh in Texas; their average bill was $125.11, against $130.54. The New Mexico price rose faster from 2024 (+7.3%1), and over the last 12 months (September 2025 to August 2026) it averaged 12.27¢ per kWh, with August 20263 at 13.02¢ per kWh (−11.5%2 on a year earlier, preliminary). The Xcel Energy New Mexico page has the detail.
Across the parent's 5 state utilities, in Colorado, Minnesota, New Mexico, Texas, Wisconsin, the 2025 residential average was 15.96¢ per kWh, from 12.86¢ per kWh at Xcel Energy (New Mexico) to 17.07¢ per kWh at Xcel Energy (Minnesota). The Texas utility sits near the low end. Use per home differs too: 937 kWh a month in Texas and 973 kWh1 in New Mexico in 2025, with the other three shown in the chart. The Xcel Energy page compares all five.
Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | average monthly residential use |
|---|---|
| Xcel Energy (CO) | 584 |
| Xcel Energy (MN) | 615 |
| Xcel Energy (WI) | 726 |
| Xcel Energy (TX) | 937 |
| Xcel Energy (NM) | 973 |
Outside ERCOT and outside retail choice
Most Texans are on the ERCOT grid, but EIA notes that ERCOT does not cover the whole state. The Panhandle territory is outside it: Xcel Energy's 2025 EIA-861 filing names SPP, the Southwest Power Pool, as its market. Nor is there retail choice. Statewide, 55.5% of Texas residential customers bought from a retail electric provider in 2025; on Xcel Energy's Texas lines EIA counts all 223,6851 residential customers as full-service. The Texas retail choice guide shows where shopping applies.
The neighboring city utility works differently. Lubbock Power & Light reports ERCOT in its 2025 filing, and all 94,738 of its residential customers buy their electricity from retail providers, so EIA records only its delivery charges: 6.31¢ per kWh1 in 2025. That figure covers delivery alone and cannot be set against Xcel Energy's bundled average, which covers both power and delivery.
The territory spans 45 Texas counties in EIA's 2025 records: Andrews County, Armstrong County, Bailey County, Borden County, Briscoe County, Carson County, Castro County, Cochran County, Cottle County, Crosby County, Dallam County, Dawson County and 33 others. Only 1 of them has no other distribution utility on record; in the other 447, at least one other utility also reports customers, and only the utilities' own maps settle a given address.
Source: EIA-861 2025, service territory; Census Bureau, Cartographic boundary file, counties. EIA-861 2025 service territory: 45 counties. Counts whole counties even where the utility serves only part of one; check the utility's own service-area map for an address.
Show the numbers
| County | Other utilities reporting service |
|---|---|
| Andrews County | Oncor, Lyntegar Electric Cooperative |
| Armstrong County | Swisher Electric Cooperative, Greenbelt Electric Cooperative |
| Bailey County | Bailey County Electric Cooperative Association, Lamb County Electric Cooperative |
| Borden County | Oncor, Big Country Electric Cooperative, Lyntegar Electric Cooperative |
| Briscoe County | AEP Texas North, Swisher Electric Cooperative, Lighthouse Electric Cooperative |
| Carson County | none |
| Castro County | Swisher Electric Cooperative, Bailey County Electric Cooperative Association, Deaf Smith Electric Cooperative, Lamb County Electric Cooperative |
| Cochran County | Bailey County Electric Cooperative Association, Lamb County Electric Cooperative, Lea County Electric Cooperative |
| Cottle County | AEP Texas North, South Plains Electric Cooperative, Lighthouse Electric Cooperative |
| Crosby County | South Plains Electric Cooperative, Lighthouse Electric Cooperative |
| Dallam County | Rita Blanca Electric Cooperative, Tri-County Electric Cooperative, Southwestern Electric Cooperative |
| Dawson County | Oncor, Lyntegar Electric Cooperative |
| Deaf Smith County | Deaf Smith Electric Cooperative |
| Donley County | SWEPCO, Greenbelt Electric Cooperative, Lighthouse Electric Cooperative |
| Ector County | Oncor, City of Goldsmith |
| Floyd County | South Plains Electric Cooperative, Lighthouse Electric Cooperative, City of Floydada |
| Foard County | AEP Texas North, Tri-County Electric Cooperative, South Plains Electric Cooperative, Southwest Rural Electric Association |
| Gaines County | Oncor, Lyntegar Electric Cooperative, Lea County Electric Cooperative |
| Garza County | South Plains Electric Cooperative, Big Country Electric Cooperative, Lyntegar Electric Cooperative |
| Gray County | SWEPCO, Greenbelt Electric Cooperative |
| Hale County | South Plains Electric Cooperative, Swisher Electric Cooperative, Lighthouse Electric Cooperative, Lamb County Electric Cooperative |
| Hansford County | North Plains Electric Cooperative, Rita Blanca Electric Cooperative, Tri-County Electric Cooperative |
| Hartley County | Rita Blanca Electric Cooperative, Southwestern Electric Cooperative |
| Hemphill County | Greenbelt Electric Cooperative, North Plains Electric Cooperative |
| Hockley County | South Plains Electric Cooperative, Lyntegar Electric Cooperative, Lamb County Electric Cooperative |
| Hutchinson County | North Plains Electric Cooperative, Rita Blanca Electric Cooperative |
| Lamb County | South Plains Electric Cooperative, Bailey County Electric Cooperative Association, Lamb County Electric Cooperative |
| Lipscomb County | North Plains Electric Cooperative |
| Lubbock County | Lubbock Power & Light, South Plains Electric Cooperative, Lyntegar Electric Cooperative |
| Lynn County | Oncor, South Plains Electric Cooperative, Lyntegar Electric Cooperative |
| Midland County | Oncor |
| Moore County | Rita Blanca Electric Cooperative |
| Motley County | AEP Texas North, South Plains Electric Cooperative, Lighthouse Electric Cooperative |
| Ochiltree County | North Plains Electric Cooperative |
| Oldham County | Deaf Smith Electric Cooperative, Rita Blanca Electric Cooperative |
| Parmer County | Bailey County Electric Cooperative Association, Deaf Smith Electric Cooperative |
| Potter County | Rita Blanca Electric Cooperative |
| Randall County | Swisher Electric Cooperative, Greenbelt Electric Cooperative |
| Roberts County | Greenbelt Electric Cooperative, North Plains Electric Cooperative |
| Sherman County | Rita Blanca Electric Cooperative, Tri-County Electric Cooperative |
| Swisher County | Swisher Electric Cooperative, Lighthouse Electric Cooperative, City of Tulia |
| Terry County | Oncor, Lyntegar Electric Cooperative, City of Brownfield |
| Wheeler County | SWEPCO, Greenbelt Electric Cooperative, North Plains Electric Cooperative |
| Wilbarger County | Oncor, AEP Texas North, Tri-County Electric Cooperative, Southwest Rural Electric Association |
| Yoakum County | Lyntegar Electric Cooperative, Lea County Electric Cooperative |
Among the utilities that sell power directly to homes in this part of Texas, Xcel Energy's 2025 average was higher than that of the region's larger cooperatives, as the chart shows; SWEPCO, the investor-owned utility that sells power directly to homes in northeast Texas, averaged 12.60¢ per kWh1.
Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | average residential price (bundled customers) |
|---|---|
| Lyntegar Electric Cooperative (TX) | 10.35¢ |
| South Plains Electric Cooperative (TX) | 10.89¢ |
| SWEPCO (TX) | 12.60¢ |
| Xcel Energy (TX) | 13.94¢ |
Outage minutes well above the Texas average
Xcel Energy's Texas customers averaged 441 minutes without power in 2025 including major events, against 225 minutes for Texas as a whole. Leave out major event days, which the IEEE 1366 reliability standard identifies statistically and reports separately, and the figure drops to 151 minutes, against 130 minutes statewide, so most of the gap comes from those days. Each customer had 1.71 interruptions on average, against 1.719 for Texas: the difference lies in how long outages lasted more than in how often they happened.
On the New Mexico side the same company reported 235 minutes, and Lubbock Power & Light 111 minutes9.
Source: EIA-861 2025, reliability. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | outage minutes per customer (all events) |
|---|---|
| Lubbock Power & Light (TX) | 111 |
| Xcel Energy (NM) | 235 |
| Lyntegar Electric Cooperative (TX) | 267 |
| Xcel Energy (TX) | 441 |
| SWEPCO (TX) | 467 |
Smart meters, little time-of-use
Nearly every Texas home on Xcel Energy's system has a meter that records use by the hour (99.2% advanced meters in 2025). Almost nobody is billed by the hour: EIA counts 53 residential customers enrolled in time-of-use pricing, 0.0%10 of the total. The periods and prices of any such plan are in the utility's filed Texas tariff, not in EIA's data; the time-of-use guide shows how peak and off-peak pricing shifts a bill.
Business customers
In 2025, 58,996 commercial customers in Texas paid Xcel Energy 9.67¢ per kWh on average and $449.41 a month. The industrial class is small in number, 143 accounts, but each averaged $228,841.49 a month at 5.04¢ per kWh. Weighted by those large volumes, the all-customer average falls to 7.80¢ per kWh across 282,8241 accounts, a number that says little about a home's bill. Statewide prices and the other large Texas utilities are on electricity in Texas.
Xcel Energy Texas: rates and bills, common questions
What is Xcel Energy's rate per kWh in Texas?
Texas residential customers paid an average of 13.94¢ per kWh1 in 2025 and 14.01¢ per kWh2 over the last 12 months (September 2025 to August 2026, 2026 months preliminary). Both are total residential revenue divided by kWh sold, so the monthly service charge, fuel cost recovery and riders are inside them; the energy charge in the tariff is only one of those pieces and will not match.
What is the average Xcel Energy electric bill in Texas?
$130.54 a month in 2025 for 937 kWh1, and $134.03 over the last 12 months (September 2025 to August 2026). In that period the average bill ranged from $86.58 in April 2026 to $228.11 in August 20262.
Did Xcel Energy raise rates in Texas in 2026?
EIA's monthly data do not show a rise in the average price so far. In August 20263 Texas homes paid 14.95¢ per kWh, −4.7% against August 2025 (preliminary), and the 12-month average of 14.01¢ per kWh2 is close to the 2025 figure of 13.94¢ per kWh. The earlier step was from 2024 to 2025, when the average rose 4.4%1.
Can Xcel Energy customers in Texas choose a retail electricity provider?
No. EIA's 2025 data count all 223,6851 residential customers on Xcel Energy's Texas lines as full-service customers, buying both power and delivery from the utility. Power to Choose offers apply in the ERCOT areas served by competitive delivery utilities, not here.
Related pages
Sources
- EIA-861 annual electric power industry report, 2025 final; table Sales_Ult_Cust_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861M monthly sales and revenue by utility; table sales_ult_cust_2025 and _2026; released October 23, 2026. www.eia.gov
- EIA, Electric Power Monthly / EIA-861M sales and revenue by state; table sales_revenue.xlsx (EPM Table 5.6.A); January 2001 to 2026-08; months since January 2026 preliminary; released October 23, 2026. www.eia.gov
- EIA-861 annual electric power industry report, 2024 final; table Sales_Ult_Cust_2024; 2024, final (file updated December 3, 2025); released December 3, 2025. www.eia.gov
- EIA, Historical state data, annual sales, revenue and customers; table HS861 2010-.xlsx; 2010-2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, average monthly bill by state; table Average_Bill_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, service territory; table Service_Territory_2025; 2025, final; released October 7, 2026. www.eia.gov
- Census Bureau, Cartographic boundary file, counties; table cb_2025_us_county_5m; cb_2021_us_county_5m; 2025 (2021 for Connecticut). www.census.gov
- EIA-861 2025, reliability; table Reliability_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, advanced meters, dynamic pricing and net metering; table Advanced_Meters, Dynamic_Pricing, Net_Metering 2025; 2025, final; released October 7, 2026. www.eia.gov
How every figure is built: methodology. Found an error? Write to [email protected]; corrections are listed on the updates page.