Electricity Rates in North Carolina
Electricity Rates, Plans & Statistics
Electricity Companies & Statistics in North Carolina
- Population see rank10,551,162
- Total Production see rank129,805,274 MWh / 12.3 MWh per capita
- Total Consumption see rank82,832,254 MWh / 7.85 MWh per capita
- Total Production from Renewable see rank18,343,739 MWh / 1.74 MWh per capita
- CO2 Emissions from Consumption see rank23,528,395,289 kg / 2,229.93 kg per capita
- Total Production from Non-Renewable see rank111,461,762 MWh / 10.56 MWh per capita
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:
North Carolina Electricity Fuel Mix
North Carolina's Electricity Prices and Usage
North Carolina has an average residential electricity rate of 12.25 cents per kilowatt hour. This is 22.05% below the United States average price of 15.72 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. On average, citizens of North Carolina account for 2,229.93 kilograms of CO2 gases from electricity use for each resident of the state, which is 33rd highest in the US. Coal usage for electricity generation in the state has decreased by 36.65% within the past 12 months. In the state of North Carolina, the usage of renewable fuels for electricity generation has dropped by 4.52% throughout the last 12 months, an unfortunate trend. Consumers in the state have an average monthly residential electric bill of $130.24 per month. The US average monthly bill is $147.64.
Residential Electricity Providers in North Carolina
|Provider||Service Type||Residential Rate (¢)||Residential Average Bill ($)||Residential Sales (MWh)||Residential Revenues ($)||State Production (MWh)|
|Duke Energy Carolinas||BUNDLED||11.13||107.86||21,560,211||2,400,085,254||50,909,925.01|
|Duke Energy Progress||BUNDLED||13.02||130.76||15,738,334||2,048,619,216||51,352,161.75|
|Energy United Electric Member Corp||BUNDLED||11.15||131.78||1,651,446||184,112,000|
|Brunswick Electric Membership Corporation||BUNDLED||14.06||134.55||1,092,766||153,668,963|
|Lumbee River EMC||BUNDLED||11.55||158.83||1,012,883||117,016,500|
|Jones Onslow Electric Membership Corporation||BUNDLED||12.22||128.24||970,663||118,573,000|
|Fayetteville Electric Company||BUNDLED||11.28||106.82||857,482||96,713,000||41,343|
Commercial Electricity Providers in North Carolina
|Provider||Service Type||Commercial Rate (¢)||Commercial Average Bill ($)||Commercial Sales (MWh)||Commercial Revenues ($)||State Production (MWh)|
|Duke Energy Carolinas||BUNDLED||8.02||522.48||24,031,375||1,927,603,452||50,909,925.01|
|Duke Energy Progress||BUNDLED||9.90||496.92||13,117,591||1,299,109,114||51,352,161.75|
|Fayetteville Electric Company||BUNDLED||10.68||628.43||663,150||70,850,000||41,343|
|Energy United Electric Member Corp||BUNDLED||9.68||264||614,662||59,469,000|
|City of High Point Utilities||BUNDLED||10.47||863.81||596,915||62,505,500||584|
|Brunswick Electric Membership Corporation||BUNDLED||11.06||303.55||370,535||40,976,210|
|City of Gastonia Utilities||BUNDLED||10.74||676.27||316,778||34,027,400|
Power Plants in North Carolina
|Plant||City/County||Primary Fuel Type||Production (MWh)||Emission (KG)||Emissions/MWh (KG/MWh)||Toxic Chemical Release||Closing Date|
Belews CreekDuke Energy Carolinas (100.00%)
|Stokes County||Natural Gas||8,989,213||5,736,291,144.62||638.13|
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
|Richmond County||Natural Gas||8,882,637.01||3,712,470,987.62||417.95|
Lee Combined Cycle PlantDuke Energy Progress (100.00%)
|Wayne County||Natural Gas||6,629,932||2,570,674,668.85||387.74|
Marshall (NC)Duke Energy Carolinas (100.00%)
|Lake Norman of Catawba CDP||Natural Gas||6,347,341.02||4,488,986,364.57||707.22|
James E. Rogers Energy ComplexDuke Energy Carolinas (100.00%)
|Cleveland County||Natural Gas||4,907,317||3,023,584,216.6||616.14|
Dan RiverDuke Energy Carolinas (100.00%)
|Rockingham County||Natural Gas||4,636,232||1,735,798,419.74||374.4|
|Rowan County||Natural Gas||4,634,291||1,772,781,256.33||382.54|
The largest electricity company in the state of North Carolina by number of customers is Duke Energy Carolinas.
North Carolina produces 56.71% more electricity than the state consumes, resulting in the ability to export the excess.
North Carolina has seen a 1.27% curtailment in the use of non-renewable fuels for electricity production over the course of the past 12 months.
Of all of the US States, North Carolina ranks 30th in megawatt hours produced from wind power.
North Carolina is the 12th worst polluting state in the United States based on electricity related emissions, emitting 23,528,395,288.97 kilograms of CO2 emissions.
1.01 megawatt hours of electricity per person are generated using coal. This is 32nd highest in the country.
|County||Population||Providers||Plants||Residential Rate (¢)||Residential Avg. Electric Bill|
|New Hanover County||225,175||2||1||13.02||$130.76/mo|
When it comes to electricity generation, North Carolina's top fuel is Natural Gas, accounting for 57,579,436.28 megawatt hours, or 44.36% of production in the state. Nuclear and Solar are the second and third most often used fuel types for electricity generation. Nuclear makes up 42,773,208 megawatt hours (32.95%) of electricity production and Solar makes up 11,128,227.16 megawatt hours (8.57%) of total generation in the state. Approximately 23,528,395,288.97 kilograms of CO2 emissions are released in the state from electricity use. Averaging 2,229.93 kilograms of CO2 emissions per citizen, the state ranks 33rd highest for emissions per capita. North Carolina has 83 power plants, which is the 5th most in the US and 30th most when counting facilities per citizen.
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 12.25 cents per kilowatt hour, so anything below this amount is better than most. The lowest priced provider is currently New River Light & Power, at 9.47 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 Solar, accounting for 44.36%, 32.95% and 8.57% 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 Rank||Provider||Residential Rate (¢)||State Customers|
|1||New River Light & Power||9.47||8,942|
|2||Lucama, North Carolina Electric Utility||10.13||1,163|
|4||City of Kings Mountain Utilities||10.27||5,218|
|5||Town of Dallas Utilities||10.34||3,737|
|6||Elizabeth City Power||10.65||13,003|
|8||Statesville Electric Utility||10.77||14,036|
|9||Mountain Electric Cooperative||10.90||19,609|
What is the average electric bill in North Carolina?
In 2023, North Carolina has an average electricity bill of $130, while the United States average is $148.
How many power plants are located within North Carolina?
North Carolina has 83 power plants generating electricity for the state.
What electricity companies offer service in North Carolina?
|State Customers Rank||Provider||State Customers|
|1||Duke Energy Carolinas||2,166,341|
|2||Duke Energy Progress||1,526,311|
|3||Energy United Electric Member Corp||135,230|
|5||Brunswick Electric Membership Corporation||106,424|
|6||Fayetteville Electric Company||84,880|
|7||Jones Onslow Electric Membership Corporation||81,556|
|9||Blue Ridge Energy||78,221|
How many electric companies offer service in North Carolina?
North Carolina has 104 electricity providers offering service in the area.