Electricity Rates in North Carolina

Electricity Rates, Plans & Statistics

Electricity Companies & Statistics in North Carolina

  • Population
    see rank
    10,439,388
  • Total Production
    see rank
    133,432,717 MWh / 12.78 MWh per capita
  • Total Consumption
    see rank
    140,265,287 MWh / 13.44 MWh per capita
  • Total Production from Renewable
    see rank
    20,078,626 MWh / 1.92 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    43,257,463,401 kg / 4,143.68 kg per capita
  • Total Production from Non-Renewable
    see rank
    113,350,035 MWh / 10.86 MWh per capita
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Average Residential Electricity Bills & Rates in North Carolina

North Carolina residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.123/kWh$0.101/kWh$166.62/mo.$84.87/mo.
11th11.73¢Average residential price per kWh in the state of North Carolina
28th$126.49Average residential monthly electricity bill for North Carolina Residents

North Carolina Electricity Fuel Mix

North Carolina's Electricity Prices and Usage

North Carolina has an average residential electricity rate of 11.73 cents per kilowatt hour. This is 18.89% below the United States average price of 14.46 cents. This ranks North Carolina as the 11th lowest priced state in the nation using average electric rate. The state has over 100 electricity suppliers, but consumers are left with a single supplier choice due to the fact that North Carolina has a regulated electricity market. As the 32nd worst polluting state in the nation based on pollution per person from electricity consumption, North Carolina consumers average emissions of 4,143.68 kilograms of CO2 emissions each. Customers in the state are faced with 1.1 electrical outages on average a year, with outages lasting about 106.32 minutes. The national averages for these data points are 1.21 outages and 122.99 minutes. North Carolina has recently made improvements with a 9.66% rise throughout the last year in the usage of renewable fuel types for electricity generation. Duke Energy Carolinas sells 59,997,779 megawatt hours in the state each year, more than all other electricity providers.

Residential Electricity Providers in North Carolina

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Duke Energy CarolinasBUNDLED10.24106.2322,801,9452,333,957,85251,237,349.03
Duke Energy ProgressBUNDLED11.99131.816,772,6002,010,447,55253,454,314.39
Dominion EnergyBUNDLED11.44147.611,643,998188,063,8131,302,930
Energy United Electric Member CorpBUNDLED11.44135.451,625,173185,884,000
Brunswick Electric Membership CorporationBUNDLED13.82141.441,131,042156,254,842
Union PowerBUNDLED12.26149.091,130,920138,657,000
Jones Onslow Electric Membership CorporationBUNDLED11.82130.27999,636118,161,000
Rutherford ElectricBUNDLED10.98125.59936,601102,816,872
Fayetteville Electric CompanyBUNDLED11.06113.47918,785101,628,00021,368
Lumbee River EMCBUNDLED11.71148.07914,058107,005,300

Commercial Electricity Providers in North Carolina

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Duke Energy CarolinasBUNDLED7.39486.6324,490,9821,808,931,34851,237,349.03
Duke Energy ProgressBUNDLED9.31486.2613,430,2961,250,820,09753,454,314.39
Dominion EnergyBUNDLED9.27376.32909,94484,337,1781,302,930
Fayetteville Electric CompanyBUNDLED10.49642.71687,42972,091,00021,368
Greenville UtilitiesBUNDLED9.55639.17615,62758,790,800
Energy United Electric Member CorpBUNDLED9.79271.13589,67457,754,000
City of High Point UtilitiesBUNDLED10.57972.23541,47757,237,000
Brunswick Electric Membership CorporationBUNDLED11.08311.67370,94441,091,817
Concord UtilitiesBUNDLED9.19591.36367,02833,714,700
City of Gastonia UtilitiesBUNDLED10.86712.79313,00034,000,000

Power Plants in North Carolina

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Mecklenburg County Nuclear 18,515,198
Brunswick County Nuclear 15,388,474
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
Richmond County Natural Gas 9,336,138.033,947,005,793.36422.77
Stokes County Natural Gas 9,059,9646,381,644,478.74704.38
Wake County Nuclear 8,583,824
Lake Norman of Catawba CDP Coal 7,416,070.025,643,516,830.89760.98
Lee Combined Cycle PlantDuke Energy Progress (100.00%)
Wayne County Natural Gas 5,834,645.012,364,529,159.98405.26
Person County Coal 5,557,2855,597,863,494.31,007.3
Rowan County Natural Gas 4,783,8771,807,043,142.94377.74
James E. Rogers Energy ComplexDuke Energy Carolinas (100.00%)
Cleveland County Natural Gas 4,468,200.012,785,410,233.07623.39

Quick Facts

North Carolina residents enjoy an average monthly residential electric bill of $126.49, which is 2.59% below the national average bill of $129.86.

North Carolina has benefited from a -1,664,836,849.54 kilogram (3.94%) decline in CO2 pollution due to electricity consumption during the course of the previous year.

North Carolina generates 10.86 megawatt hours of electricity per person in the state from non-renewable electricity fuel sources. They are the 24th highest state in the country for non-renewable generation per capita.

The use of natural gas in North Carolina yields a total of 54,268,433.72 megawatts of electricity, propelling the state into its ranking of 10th in the United States for total natural gas production.

Usage of non-renewable fuel types for electricity production has increased by 4.08% within the last year in North Carolina power generation facilities.

North Carolina is 11th in the national rankings for total megawatt hours generated from sustainable energy, with 20,078,626.27 megawatt hours generated from renewable fuels.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Alamance County171,4155711.03$116.59/mo
Alexander County36,4444210.84$120.84/mo
Alleghany County10,888312.83$113.90/mo
Anson County22,0553812.58$138.73/mo
Ashe County26,577112.86$114.00/mo
Avery County17,806411.11$105.93/mo
Beaufort County44,65261113.96$137.74/mo
Bertie County17,9343614.80$172.38/mo
Bladen County29,60651412.49$143.81/mo
Brunswick County136,6934312.79$136.00/mo
Buncombe County269,4524512.12$127.77/mo
Burke County87,5707710.60$114.45/mo
Cabarrus County225,8044510.68$115.30/mo
Caldwell County80,6524211.46$109.93/mo
Camden County10,3552412.24$153.72/mo
Carteret County67,686311.81$125.11/mo
Caswell County22,7364512.16$134.43/mo
Catawba County160,61061710.63$114.48/mo
Chatham County76,28551012.51$141.48/mo
Cherokee County28,7745511.77$109.33/mo
Chowan County13,7084512.56$155.79/mo
Clay County11,0893211.97$110.72/mo
Cleveland County99,51962810.47$110.37/mo
Columbus County50,62331612.83$136.24/mo
Craven County100,7205912.21$130.38/mo
Cumberland County334,72851412.14$138.57/mo
Currituck County28,1002411.51$148.18/mo
Dare County36,9153114.40$145.90/mo
Davidson County168,9305610.93$121.71/mo
Davie County42,7123610.83$120.77/mo
Duplin County48,71553012.14$140.65/mo
Durham County324,8335411.27$122.04/mo
Edgecombe County48,9008712.98$147.33/mo
Forsyth County382,5904511.05$116.32/mo
Franklin County68,57341312.06$134.09/mo
Gaston County227,94371410.73$114.19/mo
Gates County10,4782313.74$164.60/mo
Graham County8,0302110.24$106.23/mo
Granville County60,9926712.12$135.14/mo
Greene County20,4515412.71$150.71/mo
Guilford County541,2994910.48$108.48/mo
Halifax County48,62281513.17$149.59/mo
Harnett County133,56841012.38$143.01/mo
Haywood County62,0894313.19$129.61/mo
Henderson County116,2812310.24$106.23/mo
Hertford County21,55221213.31$161.41/mo
Hoke County52,0823311.88$137.83/mo
Hyde County4,5892115.10$139.68/mo
Iredell County186,6934510.83$120.25/mo
Jackson County43,1094411.28$112.93/mo
Johnston County215,99992712.05$134.19/mo
Jones County9,1724511.90$130.51/mo
Lee County63,2853812.76$150.70/mo
Lenoir County55,12271311.95$134.20/mo
Lincoln County86,8105310.65$116.84/mo
Macon County37,0144310.99$109.64/mo
Madison County21,193312.24$113.77/mo
Martin County22,03181612.53$152.02/mo
McDowell County44,578310.51$113.51/mo
Mecklenburg County1,115,4827410.68$113.07/mo
Mitchell County14,903412.19$115.96/mo
Montgomery County25,75151112.51$134.68/mo
Moore County99,7275912.57$138.99/mo
Nash County94,97062511.97$132.57/mo
New Hanover County225,7022311.99$131.80/mo
Northampton County17,47151413.58$162.42/mo
Onslow County204,5763711.90$131.04/mo
Orange County148,6964411.93$131.05/mo
Pamlico County12,2763113.64$135.78/mo
Pasquotank County40,5683312.56$155.37/mo
Pender County60,2034712.45$142.98/mo
Perquimans County13,0053812.60$156.34/mo
Person County39,09731012.94$145.81/mo
Pitt County170,24310911.77$127.35/mo
Polk County19,3283110.56$114.69/mo
Randolph County144,17151112.28$130.12/mo
Richmond County42,9463812.56$138.48/mo
Robeson County116,53054111.86$139.18/mo
Rockingham County91,0963810.55$113.97/mo
Rowan County146,87551410.63$115.11/mo
Rutherford County64,44451010.49$112.03/mo
Sampson County59,03641312.40$143.78/mo
Scotland County34,17451212.05$138.10/mo
Stanly County62,5045411.15$123.92/mo
Stokes County44,5204411.38$121.73/mo
Surry County71,3594412.73$131.59/mo
Swain County14,1172110.24$106.23/mo
Transylvania County32,986312.04$114.49/mo
Tyrrell County3,245111.44$147.61/mo
Union County238,2675711.25$125.52/mo
Vance County42,57841312.05$133.66/mo
Wake County1,129,4107812.00$132.51/mo
Warren County18,6424913.05$142.59/mo
Washington County11,0032312.97$144.30/mo
Watauga County54,086312.75$112.73/mo
Wayne County117,33352911.79$137.52/mo
Wilkes County65,969511.95$122.61/mo
Wilson County78,78471411.87$130.15/mo
Yadkin County37,2143612.73$131.59/mo
Yancey County18,470312.24$114.01/mo

Power Plant Fuel Types, Emissions & Pollution Factors

When it comes to electricity generation, North Carolina's top fuel is Natural Gas, accounting for 54,268,433.72 megawatt hours, or 40.67% of production in the state. Nuclear and Coal are the second and third most often used fuel types for electricity generation. Nuclear makes up 42,487,496 megawatt hours (31.84%) of electricity production and Coal makes up 16,165,163.84 megawatt hours (12.11%) of total generation in the state. Approximately 43,257,463,401.16 kilograms of CO2 emissions are released in the state from electricity use. Averaging 4,143.68 kilograms of CO2 emissions per citizen, the state ranks 32nd highest for emissions per capita. North Carolina has 760 power plants, which is the 2nd most in the US and 7th most when counting facilities per citizen.

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
40.67%
NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
31.84%
COAL
Coal
Coal
12.11%
SOLAR
Solar
8.29%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
4.83%
OTHER
Other
2.24%

North Carolina Net Metering

Roughly 22.12% of the electricity providers in North Carolina offer net metering to their consumers. North Carolina has good regulations in place for consumers who are interested in taking advantage of net metering with solar panels.

Energy Loss

North Carolina has 46 electricity providers who report energy loss during transmission activities. The average energy loss for these suppliers is 3.99%. With a nationwide average of 2.76%, North Carolina is the 38th best state in the country.

Solar Taxes And Rebates

When it comes to stimulating personal solar, one of the government's easiest methods is tax and rebate related incentives. North Carolina currently offers no state tax credit to consumers who purchase solar panels at their place of residence. Residents in the state enjoy rebates for private solar installs of over $500. This is the highest amount we've seen in the US. North Carolina offers citizens a 100% tax exemption that lasts less than 10 years. Citizens in the state do not have access to a sales tax exemption when installing private solar panels.

State Level Initiatives

Whether a consumer is able to easily find electricity options with renewable fuel sources is at least somewhat determined by initiatives at the state level. Many states require green fuel sources to be a percentage of the fuel used for electricity production by providers in the state. These guidelines are referred to as Renewable Portfolio Standards (RPS). While further improvements could be made, North Carolina requires for 1-15% of electric output to come from renewable fuels. Furthermore, there are currently no low income solar programs to assist low income families to install solar panels.

Learn about going solar in North Carolina, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in North Carolina

What is a good electricity rate in North Carolina?

The average electricity rate in North Carolina is 11.73 cents per kilowatt hour, so anything below this amount is better than most. The lowest priced provider is currently City of Lincolnton NC Utilities, at 9.28 cents per kilowatt hour.

Which electricity company is the largest supplier in North Carolina?

By total revenue, Duke Energy Carolinas is the largest electricity supplier in North Carolina.

Where does North Carolina get its electricity?

The main fuels used for electricity generation in North Carolina are Natural Gas, Nuclear and Coal, accounting for 40.67%, 31.84% and 12.11% respectively.

Does North Carolina have a deregulated electricity market?

North Carolina has a regulated electricity market, rather than a deregulated market. This means that consumers in the state normally have only one or two electricity provider options when it comes time to choose who they purchase electricity from.

What is the cheapest electricity company in North Carolina?

Residential Rate RankProviderResidential Rate (¢)State Customers
1City of Lincolnton NC Utilities9.282,784
2Town of Dallas Utilities10.053,753
3Lucama, North Carolina Electric Utility10.191,157
4Duke Energy Carolinas10.242,145,191
5Apex Utilities10.2525,135
6Concord Utilities10.2632,737
7City of Kings Mountain Utilities10.405,077
8Mountain Electric Cooperative10.6519,304
9Statesville Electric Utility10.7813,902
10New River Light & Power10.948,538

What is the average electric bill in North Carolina?

In 2022, North Carolina has an average electricity bill of $126, while the United States average is $130.

How many power plants are located within North Carolina?

North Carolina has 760 power plants generating electricity for the state.

What electricity companies offer service in North Carolina?

How many electric companies offer service in North Carolina?

North Carolina has 104 electricity providers offering service in the area.

Last Reviewed By: Matt Hope
Published: 2022-10-06