Texas · Investor-owned utility · EIA data, final 2025
Xcel Energy Texas (Southwestern Public Service) commercial electricity rates
What Xcel Energy Texas billed its commercial customers, year by year since 2015, with the average bill, the other customer classes, meters, reliability and territory. Official figures, and context for a bill rather than a quote.
Xcel Energy Texas billed its 58,996 commercial customers in Texas an average of 9.67¢ per kWh in 2025, 13% above the state’s commercial average of 8.56¢. The average customer used about 4,650 kWh a month and was billed about $449. It is an average over every size of customer, not a rate.
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data) · 2026-10-29
- Average commercial price, 20259.67¢per kWh, all commercial customers
- vs Texas average+13%state commercial average 8.56¢
- Commercial customers58,9962nd largest of 74 in Texas
- Average use4,650 kWha month per commercial customer
- Average bill$449a month per commercial customer
- Since 2015+28%from 7.54¢ per kWh
- Outages151 mina year per customer · US average 124
Xcel Energy Texas (Southwestern Public Service) is an investor-owned utility serving 45 counties in Texas. Among the 74 Texas utilities in EIA’s 2025 sales data with 500 or more commercial customers, it is the 2nd largest, with about 3.9% of the state’s commercial customers. EIA lists it as Southwestern Public Service Co.
Xcel Energy Texas commercial electricity prices, 2015 to 2025
In 2015 Xcel Energy Texas billed its commercial customers an average of 7.54¢ per kWh. In 2025 the figure was 9.67¢, so it rose 28% over 10 years. The average for all commercial customers in Texas rose 5.0% over the same period. The highest year was 2023, at 10.32¢. Between 2024 and 2025 it rose 5.0%.
| Year | Commercial customers | Average price per kWh | Texas average per kWh | Average use a month | Average bill a month |
|---|---|---|---|---|---|
| 2025 | 58,996 | 9.67¢ | 8.56¢ | 4,650 kWh | $449 |
| 2024 | 58,809 | 9.21¢ | 8.55¢ | 4,791 kWh | $441 |
| 2023 | 58,723 | 10.32¢ | 8.82¢ | 4,975 kWh | $514 |
| 2022 | 58,274 | 9.37¢ | 9.05¢ | 5,064 kWh | $475 |
| 2021 | 57,951 | 7.85¢ | 8.72¢ | 4,774 kWh | $375 |
| 2020 | 57,811 | 6.91¢ | 7.60¢ | 4,819 kWh | $333 |
| 2019 | 57,862 | 7.12¢ | 8.06¢ | 5,073 kWh | $361 |
| 2018 | 57,989 | 7.44¢ | 8.16¢ | 5,239 kWh | $390 |
| 2017 | 58,372 | 8.02¢ | 8.26¢ | 4,964 kWh | $398 |
| 2016 | 58,665 | 6.92¢ | 8.26¢ | 5,064 kWh | $350 |
| 2015 | 58,629 | 7.54¢ | 8.15¢ | 5,061 kWh | $382 |
Average use and average bill are the utility’s commercial sales and revenue divided by its commercial customers and by twelve. The bill is an all-in figure: energy, delivery, demand and fixed charges together. A few very large customers pull both averages up, so most businesses use and pay less than the average.
Residential, commercial and industrial prices at Xcel Energy Texas
In 2025 the average commercial price at Xcel Energy Texas was 31% below the residential figure and 92% above the industrial one. Larger customers take power at a higher voltage and use it more steadily, so at most utilities the average falls from residential to commercial to industrial. Which class an account falls in is the utility’s decision, and the line between commercial and industrial is drawn differently from one utility to the next.
| Customer class | Customers | Sales (MWh) | Average price per kWh | Average use a month | Average bill a month |
|---|---|---|---|---|---|
| Residential | 223,685 | 2,514,014 | 13.94¢ | 937 kWh | $131 |
| Commercial | 58,996 | 3,291,829 | 9.67¢ | 4,650 kWh | $449 |
| Industrial | 143 | 7,792,063 | 5.04¢ | 4,540,829 kWh | $228,841 |
How Xcel Energy Texas’ commercial rates are set
Xcel Energy Texas is investor-owned, so its rates are set in cases before the Public Utility Commission of Texas and published in a tariff, which is a public document. A commercial account is billed on a rate schedule, chosen by the size of the account and the voltage it takes power at, and a schedule usually combines a fixed monthly charge, a charge per kWh and, above a certain size, a demand charge on the highest rate of draw in the month. The schedule code is printed on the bill. What a business in Texas can and cannot choose is on the Texas page.
Meters, time-varying rates and net metering at Xcel Energy Texas
EIA counts 52,766 commercial meters at Xcel Energy Texas in 2025, and 51,235 of them (97%) are advanced meters (AMI), which record use at least hourly and report it to the utility at least daily. Of the rest, 13 are automated-reading (AMR) meters, which send a reading to the utility for billing only, and 1,518 are standard meters. An advanced meter is what makes interval data possible, and interval data is what shows when a building’s peak demand happens.
At Xcel Energy Texas, 395 commercial customers were on a time-varying rate in 2025, about 0.7% of its commercial customers. A time-varying rate charges more in some hours than in others, so when a business uses power matters as well as how much. The kinds Xcel Energy Texas reports offering commercial customers are time-of-use pricing.
How reliable is Xcel Energy Texas’ electric service?
Xcel Energy Texas customers went without power for an average of 151 minutes in 2025, excluding major storms, with about 1.31 interruptions per customer. The average across U.S. utilities reporting the same way is 124 minutes. With major storms counted the figure was 441 minutes. These are averages over every customer of every class, so they describe the system and not any one street.
Where Xcel Energy Texas serves
EIA records Xcel Energy Texas serving customers in 45 Texas counties: Andrews, Armstrong, Bailey, Borden, Briscoe, Carson, Castro, Cochran, Cottle, Crosby, Dallam, Dawson, Deaf Smith, Donley, Ector, Floyd, Foard, Gaines, and 27 more. A county can be shared between utilities, so this does not tell you who serves a given address. The utility that serves an address is the one named on its bill.
EIA lists the Southwest Power Pool as its balancing authority. SPP is one of the organised wholesale markets, which run the grid and the wholesale power market across their area.
Other utilities in Texas
The average each billed its commercial customers in 2025. The Texas page has the state’s own figures and every utility with 500 or more commercial customers.
- Oncor Electric Delivery (3.90¢ delivery only)
- CenterPoint Energy Houston Electric (3.84¢ delivery only)
- AEP Texas Central (3.62¢ delivery only)
- CPS Energy (10.09¢)
- Entergy Texas (9.86¢)
- Austin Energy (10.96¢)
- Pedernales Electric Cooperative (10.41¢)
- Texas-New Mexico Power (2.18¢ delivery only)
- El Paso Electric (9.17¢)
- AEP Texas North (1.20¢ delivery only)
- SWEPCO (10.32¢)
- CoServ Electric (13.57¢)
- Tri-County Electric Cooperative (13.47¢)
- Bluebonnet Electric Cooperative (9.43¢)
- Magic Valley Electric Cooperative (11.29¢)
- United Cooperative Services (13.16¢)
- Farmers Electric Cooperative (9.95¢)
- Lubbock Power & Light (5.01¢ delivery only)
- South Plains Electric Cooperative (10.39¢)
- Guadalupe Valley Electric Cooperative (10.73¢)
- Comanche County Electric Cooperative (7.50¢)
- Bryan Texas Utilities (7.96¢)
What these figures can and cannot tell you
- They are averages over every commercial customer. A utility whose commercial customers are mostly large averages fewer cents per kWh than one serving mostly small shops, so a lower figure can mean larger customers and not a lower rate.
- They are not a rate schedule. None of these figures is a charge printed in Xcel Energy Texas’ tariff, and nothing here works out a bill from one. The tariff index lists the utilities whose filed schedules are quoted on this site.
- They are annual and final. EIA publishes utility figures once a year. The Texas page carries the state’s trailing 12 months, which is more recent and still preliminary.
For one building, the cost estimator gives a range by building type, size and state, and price by utility sets every utility side by side. Commercial vs residential vs industrial compares the classes in every state.
Data: every year of these figures, for this utility and every other with a page, is in one CSV, free to use with credit to the U.S. Energy Information Administration and this site. To cite this page: Xcel Energy Texas commercial electricity rates, CommercialElectricityRates.com, from EIA Form EIA-861 final 2025 data.
Common questions about Xcel Energy Texas
- What is the average commercial electricity rate at Xcel Energy Texas?
- Xcel Energy Texas billed its commercial customers in Texas an average of 9.67¢ per kWh in 2025, according to the U.S. Energy Information Administration. That is 13% above the Texas commercial average of 8.56¢. It is the utility’s commercial revenue divided by its commercial sales, so it describes the whole class and is not the rate on any one schedule.
- How much is the average commercial electric bill at Xcel Energy Texas?
- About $449 a month in 2025, on average use of about 4,650 kWh a month. That is Xcel Energy Texas’ commercial revenue divided by its 58,996 commercial customers. A few very large accounts pull the average up, so most businesses pay less than this.
- Have Xcel Energy Texas’ commercial electricity rates gone up?
- The average Xcel Energy Texas billed commercial customers rose 28% between 2015 and 2025, from 7.54¢ to 9.67¢ per kWh. The Texas commercial average rose 5.0% over the same period.
- How reliable is Xcel Energy Texas’ electric service?
- Xcel Energy Texas customers averaged 151 minutes without power in 2025, excluding major storms, against a 124-minute average for U.S. utilities reporting the same way (EIA).
- Does Xcel Energy Texas use smart meters for businesses?
- EIA counts 51,235 advanced (AMI) meters among Xcel Energy Texas’ 52,766 commercial meters in 2025, which is 97%. An advanced meter records use at least hourly, which is what makes interval data and time-varying rates possible.
- Is this the rate my business will pay Xcel Energy Texas?
- No. It is an average over every commercial customer, from a corner shop to a campus. What one business pays depends on its rate schedule, how much it uses and how hard it draws at its peak. The schedule code is printed on the bill, and the schedule itself is in Xcel Energy Texas’ tariff.
A utility average cannot tell you whether your bill is right. The bill itself can, and it takes three numbers. Nobody calls unless you ask.