North Carolina Electricity Rates & Average Electricity Bills

Electricity Rates in North Carolina

Electricity Rates, Plans & Statistics

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Electricity Companies & Statistics in North Carolina

  • Population
    see rank
    10,698,973
  • Total Production
    see rank
    130,255,567 MWh / 12.17 MWh per capita
  • Total Consumption
    see rank
    136,887,113 MWh / 12.79 MWh per capita
  • Total Production from Renewable
    see rank
    18,482,692 MWh / 1.73 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    41,839,850,730 kg / 3,910.64 kg per capita
  • Total Production from Non-Renewable
    see rank
    111,773,148 MWh / 10.45 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 May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.148/kWh$0.101/kWh$173.99/mo.$84.87/mo.
17th13.27¢Average residential price per kWh in the state of North Carolina
29th$134.93Average 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 13.27 cents per kilowatt hour. This is 17.09% below the United States average price of 16.01 cents. This ranks North Carolina as the 17th 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. The state emits 3,910.64 kilograms per capita of CO2 emissions, which makes it the 33rd worst polluting state per capita. The state emitted 41,839,850,730.15 kilograms of CO2 emissions from electricity use, making it the 10th worst polluting state in the United States based on total CO2 output. Residents in the state consume 12.79 megawatt hours of electricity each, which is the 24th largest total for electricity consumption per capita in the United States. Producing 12.17 megawatt hours per citizen, North Carolina ranks as the 26th highest per capita producer of electricity in the United States.

Residential Electricity Providers in North Carolina

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Duke Energy CarolinasBUNDLED12.00116.9921,966,293.892,635,938,13948,975,673
Duke Energy ProgressBUNDLED14.24143.616,029,504.892,282,480,11253,088,645.31
Energy United Electric Member CorpBUNDLED10.86134.321,746,587189,737,000
Dominion EnergyBUNDLED13.88163.451,520,657.9211,004,7361,236,581
Union PowerBUNDLED12.19147.931,188,766144,955,000
Brunswick Electric Membership CorporationBUNDLED13.97135.761,138,176.08159,040,723
Jones Onslow Electric Membership CorporationBUNDLED12.49133.421,001,210125,002,000
Lumbee River EMCBUNDLED11.63155.4999,059116,175,700
Rutherford ElectricBUNDLED13.67149.62917,244.86125,361,932
Fayetteville Electric CompanyBUNDLED11.79111.7864,089101,851,00024,242

Commercial Electricity Providers in North Carolina

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Duke Energy CarolinasBUNDLED8.67572.6324,423,231.212,116,912,56748,975,673
Duke Energy ProgressBUNDLED10.56537.8913,279,400.841,402,743,58453,088,645.31
Dominion EnergyBUNDLED11.65454.91894,145.57104,164,1831,236,581
Fayetteville Electric CompanyBUNDLED11.06653.03666,87173,780,00024,242
Energy United Electric Member CorpBUNDLED9.26260.15645,89459,817,000
City of High Point UtilitiesBUNDLED10.31879.26615,00063,433,300444
Greenville UtilitiesBUNDLED9.73637.51611,87659,533,400
Concord UtilitiesBUNDLED10.86713.55381,30641,399,900
Brunswick Electric Membership CorporationBUNDLED11.12308.65380,521.3142,331,885
City of Gastonia UtilitiesBUNDLED10.74670.54317,29734,093,000

Power Plants in North Carolina

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Mecklenburg County Nuclear 18,063,503
Brunswick County Nuclear 15,695,065
Stokes County Natural Gas 8,961,8836,170,900,791.5688.57
Wake County Nuclear 8,610,028
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
Richmond County Natural Gas 8,566,749.013,508,990,090.21409.61
Lake Norman of Catawba CDP Coal 7,145,9335,454,549,970.5763.31
Lee Combined Cycle PlantDuke Energy Progress (100.00%)
Wayne County Natural Gas 6,302,9592,464,415,227.17390.99
James E. Rogers Energy ComplexDuke Energy Carolinas (100.00%)
Cleveland County Coal 5,183,3183,856,579,748.6744.04
Person County Coal 4,608,2284,737,677,789.641,028.09
Rowan County Natural Gas 4,345,2941,640,311,130.85377.49

Quick Facts

North Carolina has a population of 10,698,973 residents.

North Carolina has seen a 3.86% increase in hydroelectric power generation during the last 12 months.

North Carolina produces 518,149 megawatts from wind energy. That is sufficient to rank it 30th in the nation for wind power electricity production.

North Carolina is the 24th highest state for non-renewable generation per capita, with an average of 10.45 megawatt hours per resident generated from non-renewable sources per year.

North Carolina is 13th in the US for total natural gas generation, with 52,749,804 megawatt hours generated using the fuel type.

North Carolina generates 16,259,586.27 megawatt hours from coal a year. That is 1.52 megawatt hours per person in the state and makes North Carolina the 27th highest ranked state for electricity generation from coal per capita.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Alamance County176,3535912.40$123.26/mo
Alexander County36,4914311.51$125.35/mo
Alleghany County10,910313.06$119.29/mo
Anson County22,38831013.72$148.83/mo
Ashe County26,598113.08$119.32/mo
Avery County17,747412.48$119.06/mo
Beaufort County44,89861115.19$148.34/mo
Bertie County18,1053615.36$178.78/mo
Bladen County30,10551513.53$152.08/mo
Brunswick County153,0644414.12$140.06/mo
Buncombe County273,5894614.24$139.01/mo
Burke County87,8817912.72$130.15/mo
Cabarrus County235,7974712.01$124.20/mo
Caldwell County80,4924412.51$118.12/mo
Camden County10,3532413.79$167.38/mo
Carteret County69,380312.99$131.98/mo
Caswell County22,7854513.42$140.78/mo
Catawba County163,46261711.90$123.37/mo
Chatham County79,86451314.00$151.88/mo
Cherokee County28,5155513.73$123.04/mo
Chowan County13,7964513.77$168.42/mo
Clay County10,9973214.28$124.95/mo
Cleveland County100,67062912.36$123.42/mo
Columbus County51,47431714.12$140.01/mo
Craven County100,87451113.98$140.41/mo
Cumberland County336,69951513.37$146.79/mo
Currituck County27,5752513.87$163.82/mo
Dare County36,7183115.35$156.29/mo
Davidson County172,5865611.58$126.74/mo
Davie County42,5433611.43$125.61/mo
Duplin County49,83653513.28$149.41/mo
Durham County332,6805512.47$127.59/mo
Edgecombe County49,6098814.16$156.12/mo
Forsyth County389,1574512.24$124.19/mo
Franklin County74,53941313.84$142.52/mo
Gaston County234,21571512.44$127.41/mo
Gates County10,5842314.89$173.96/mo
Graham County8,0892112.00$116.99/mo
Granville County60,8546913.53$141.17/mo
Greene County20,5245513.98$158.74/mo
Guilford County546,10141211.94$116.61/mo
Halifax County49,29181714.52$159.84/mo
Harnett County138,83241013.74$152.60/mo
Haywood County61,6954314.93$138.86/mo
Henderson County118,1062312.00$116.99/mo
Hertford County22,01021514.70$171.99/mo
Hoke County52,1693313.27$147.98/mo
Hyde County4,6972115.79$149.39/mo
Iredell County195,8974711.42$125.01/mo
Jackson County42,9834512.97$122.89/mo
Johnston County234,77893013.91$144.41/mo
Jones County9,3264813.48$138.71/mo
Lee County65,4763913.82$159.24/mo
Lenoir County55,34471313.66$145.07/mo
Lincoln County93,0955512.52$131.44/mo
Macon County36,5324312.63$119.58/mo
Madison County21,2693114.04$126.90/mo
Martin County22,21381614.03$163.32/mo
McDowell County44,527312.63$129.26/mo
Mecklenburg County1,145,3927711.89$121.07/mo
Mitchell County14,951414.06$130.09/mo
Montgomery County25,89151513.99$146.84/mo
Moore County105,53151114.08$150.02/mo
Nash County95,78963014.06$143.78/mo
New Hanover County234,9212314.24$143.60/mo
Northampton County17,91751414.82$172.07/mo
Onslow County207,2983913.49$139.23/mo
Orange County150,4774512.47$130.75/mo
Pamlico County12,2933215.07$146.43/mo
Pasquotank County40,2403313.68$167.26/mo
Pender County65,7374813.56$151.37/mo
Perquimans County13,0023913.76$169.00/mo
Person County38,9993913.95$149.49/mo
Pitt County173,542101112.74$135.99/mo
Polk County19,4133112.73$131.24/mo
Randolph County146,04351713.76$141.92/mo
Richmond County43,30131213.74$148.60/mo
Robeson County116,66354412.99$148.89/mo
Rockingham County91,9573911.70$121.58/mo
Rowan County149,64551511.77$122.57/mo
Rutherford County64,59251212.50$126.63/mo
Sampson County59,46841513.52$152.69/mo
Scotland County34,34551413.27$147.75/mo
Stanly County62,1485712.13$130.25/mo
Stokes County44,5884412.20$127.73/mo
Surry County71,4034713.30$136.23/mo
Swain County14,1662112.00$116.99/mo
Transylvania County32,979313.54$123.30/mo
Tyrrell County3,436113.88$163.45/mo
Union County249,0705712.23$132.47/mo
Vance County42,65041313.98$143.27/mo
Wake County1,175,02171313.85$141.73/mo
Warren County18,88941014.43$152.60/mo
Washington County11,1832314.68$157.58/mo
Watauga County54,077313.06$118.76/mo
Wayne County117,28653413.04$147.13/mo
Wilkes County65,784512.75$128.04/mo
Wilson County78,44971414.03$143.45/mo
Yadkin County37,1983813.29$136.35/mo
Yancey County18,357314.03$126.73/mo

Power Plant Fuel Types, Emissions & Pollution Factors

When it comes to electricity generation, North Carolina's top fuel is Natural Gas, accounting for 52,749,804 megawatt hours, or 40.50% of production in the state. Nuclear and Coal are the second and third most often used fuel types for electricity generation. Nuclear makes up 42,368,596 megawatt hours (32.53%) of electricity production and Coal makes up 16,259,586.27 megawatt hours (12.48%) of total generation in the state. Approximately 41,839,850,730.15 kilograms of CO2 emissions are released in the state from electricity use. Averaging 3,910.64 kilograms of CO2 emissions per citizen, the state ranks 33rd highest for emissions per capita. North Carolina has 874 power plants, which is the 2nd most in the US and 8th most when counting facilities per citizen.

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
40.50%
NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
32.53%
COAL
Coal
Coal
12.48%
SOLAR
Solar
8.72%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
3.78%
OTHER
Other
1.99%

North Carolina Net Metering

Roughly 24.04% 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 45 electricity providers who report energy loss during transmission activities. The average energy loss for these suppliers is 3.47%. With a nationwide average of 2.87%, North Carolina is the 30th 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 13.27 cents per kilowatt hour, so anything below this amount is better than most. The lowest priced provider is currently Town of Dallas Utilities, at 9.29 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 40.50%, 32.53% and 12.48% 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
1Town of Dallas Utilities9.293,727
2Statesville Electric Utility10.7714,342
3Ayden Utilities10.774,219
4Energy United Electric Member Corp10.86136,907
5Greenville Utilities10.9772,148
6Morganton Electric11.158,682
7Carteret Craven Electric Cooperative11.3242,141
8City of Shelby Utilities11.328,524
9Tri-County Electric Membership Corporation (North Carolina)11.5126,295
10Wilson Energy11.5235,857

What is the average electric bill in North Carolina?

In 2024, North Carolina has an average electricity bill of $135, while the United States average is $138.

How many power plants are located within North Carolina?

North Carolina has 874 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.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-04-24