Duke Energy Carolinas

Electricity Rates, Plans & Statistics

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About Duke Energy Carolinas

Duke Energy Carolinas is an investor owned entity providing electricity in 2 states within the nation including North Carolina and South Carolina. This service territory also incorporates 286 cities within these states. The supplier has 2,777,182 customers. There are 414,279 commercial customers, 5,938 industrial customer accounts, one transportation account and 2,356,964 residential customers. Duke Energy Carolinas averages 10.57 cents per kilowatt hour charged to their consumers for residential electricity , which is lower than US average rate of 13.71 cents per kilowatt hour. They sold 75,716,885 megawatt hours in 2020 via traditional retail accounts. Electricity production and wholesale power purchases made up 88.30% and 11.09%, respectively, of all electricity sourced by the company. Power plants owned by the company produced 79,324,330 megawatt hours and an additional 9,966,635 megawatt hours were acquired via the wholesale electricity market. In 2020, the company made a total of $6,994,034,400 from business activities relating to the sale and transfer of electricity. They had revenue of $419,463,100 coming from wholesale electricity sales and $6,358,965,600 from retail sales to end users.

The national average monthly residential power bill is $121.23, while the Duke Energy Carolinas average is 10.69% less at $108.27 per month. There are 11,716,349.58 megawatt hours generated by the provider by burning coal, which makes them the 38th highest producer in the US out of 3509 suppliers. The provider produces 1.91% of their total production, which is 1,583,793.67 megawatt hours, from renewable fuel sources. Duke Energy Carolinas produces 82,707,616.65 megawatt hours from their generation facilities, ranking them as the 15th largest producer of electricity in the United States out of 3509 providers.

Duke Energy Carolinas Net Metering

Customers of Duke Energy Carolinas have the ability to take advantage of net metering. Without net metering, solar panel installation is significantly less economically feasible, as individuals have no way to sell excess electricity back into the grid.

Energy Loss

All electricity providers who generate electricity suffer from some energy loss from heat dissipation or alternative factors. Duke Energy Carolinas is no exception, as they have an annual loss of around 5.67% of the aggregate electricity they transmit. These averages allow us to compare the various companies who operate around the United States. Duke Energy Carolinas has earned a ranking of 1070th best out of 3509 suppliers who report energy loss in the nation.

Duke Energy Carolinas Rate & Electric Bills

Duke Energy Carolinas residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.095/kWh$160.95/mo.$70.94/mo.
724th10.57¢Duke Energy Carolinas' Average residential price per kWh
1366th$108.27Average monthly electricity bill for Duke Energy Carolinas' residential customers

Duke Energy Carolinas Overview

  • Company Type:Investor Owned
  • Parent Company:Duke Energy
  • Headquarters:550 South Tryon Street
    Charlotte, North Carolina 28202
    United States of America
  • CEO:Julie Janson

Duke Energy Carolinas Contact

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Quick Facts About Duke Energy Carolinas

Duke Energy Carolinas is the 12th largest electricity company out of 3509 providers in the country based on megawatt hours sold.

Duke Energy Carolinas generates 98.09% of their total electricity production from non-renewable fuel sources. The total electricity produced from non-renewable sources is 81,123,822.98 megawatt hours, which is 15th most in the nation out of 3509 companies.

Duke Energy Carolinas' electricity production plants generate 24,442,141.03 megawatt hours using natural gas.

Roughly 1.55% of Duke Energy Carolinas' total electricity comes from the use of hydroelectric power.

Duke Energy Carolinas ranks 7th out of 3509 providers in the nation for electricity produced from nuclear power facilities.

Duke Energy Carolinas produces 0.36% of its total megawatt hours produced from solar power, which is 195th in the nation for percentage of total electricity generation that comes from solar.

Energy provider of the year for South Carolina, Major Provider Category
Top 3 Largest Producer of Renewable Electricity
South Carolina, Major Provider Category
Claim Award
Energy provider of the year for North Carolina, Major Provider Category
Top 3 Lowest Residential Electricity Rate
North Carolina, Major Provider Category
Claim Award
Energy provider of the year for South Carolina, Major Provider Category
Top 3 Lowest Residential Electricity Rate
South Carolina, Major Provider Category
Claim Award

Energy Loss

Duke Energy Carolinas' energy loss due to business operations.

-5.67%

Total Energy Loss

5,097,148MWh

1070 National Rank

Duke Energy Carolinas Energy Makeup

Duke Energy Carolinas Coverage Map

Coverage Map Placeholder

Duke Energy Carolinas State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina2,137,2964,757,953,641274.95%
South Carolina639,8861,686,546,921325.05%

Duke Energy Carolinas County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Abbeville County24,295512.33$119.91/mo
Alamance County171,415411.05$115.39/mo
Alexander County36,444210.86$120.16/mo
Alleghany County10,888212.83$113.89/mo
Anderson County203,718311.94$125.77/mo
Burke County87,570510.70$114.12/mo
Cabarrus County225,804310.71$114.39/mo
Caldwell County80,652311.49$109.21/mo
Caswell County22,736312.09$132.75/mo
Catawba County160,610510.67$113.63/mo

Power Plants Owned by Duke Energy Carolinas

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Oconee County SC Nuclear 21,697,301
Mecklenburg County NC Nuclear 19,630,681
York County SC Nuclear 18,777,333
Stokes County NC Coal 8,859,710.016,577,759,204.98742.44
Lake Norman of Catawba CDP NC Coal 7,105,084.035,806,928,502.13817.29
Anderson County SC Natural Gas 5,991,3412,248,397,644.86375.27
Rowan County NC Natural Gas 4,463,1791,677,992,786.4375.96
Rockingham County NC Natural Gas 4,390,7761,642,066,709.36373.98
James E. Rogers Energy ComplexDuke Energy Carolinas (100.00%)
Cleveland County NC Natural Gas 4,306,8862,997,917,399.13696.08
Rockingham County CT StationDuke Energy Carolinas (100.00%)
Rockingham County NC Natural Gas 815,965486,015,105.95595.63

Duke Energy Carolinas Fuel Makeup

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
54.34%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
29.55%
COAL
Coal
Coal
14.17%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
1.55%
SOLAR
Solar
0.36%
OTHER
Other
0.03%

Cities Duke Energy Carolinas Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Duke Energy Carolinas Reviews

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Duke Energy Carolinas FAQ:

What percentage of Duke Energy Carolinas' electricity is generated using nonrenewable fuel sources?

Duke Energy Carolinas produces 98.09% of their electricity from nonrenewable fuel sources.

Does Duke Energy Carolinas have a parent company?

Duke Energy Carolinas is owned by Duke Energy.

What is the average bundled bill for Duke Energy Carolinas customers each month?

Customers of Duke Energy Carolinas pay, on average, a monthly bundled bill of $108.27.

What is the phone number for Duke Energy Carolinas?

Duke Energy Carolinas' customer service phone number is (855) 637-6513

How many states does Duke Energy Carolinas supply electricity in?

Duke Energy Carolinas supplies electricity to customers in 2 states.

Who is the CEO of Duke Energy Carolinas?

Duke Energy Carolinas' current CEO is Julie Janson.

What is the average BUNDLED electricity rate for Duke Energy Carolinas customers?

Duke Energy Carolinas' current average BUNDLED electricity rate is 10.57 cents per kilowatt hour (¢/kWh), compared to the average US BUNDLED rate of 13.71 cents.

What cities does Duke Energy Carolinas have customers in to?

Duke Energy Carolinas supplies to 286 cities.

What percentage of Duke Energy Carolinas' electricity is generated from renewable fuel types?

Duke Energy Carolinas produces 1.91% of their electricity from renewable fuel types.

How many power plants are owned by or associated with Duke Energy Carolinas?

Duke Energy Carolinas is associated with or owns 44 power plants.

How many counties does Duke Energy Carolinas offer service to?

Duke Energy Carolinas sells electricity in 61 counties.

Last Reviewed By: Matt Hope
Published: 2022-09-21