Residential Rate Report
North Carolina Residential Electricity Rates
North Carolina operates a regulated electricity market with service primarily provided by Duke Energy Carolinas and Duke Energy Progress. Rates are competitively priced compared to national benchmarks, supported by nuclear baseload and rapid utility solar growth.
Estimated Monthly Household Energy Charges
Estimated monthly energy charges for standard home electricity usage baselines in North Carolina calculated at 16.25 ¢/kWh:
| Monthly Usage (kWh) | Household Profile Baseline | Estimated Energy Charge ($/mo) |
|---|---|---|
| 500 kWh | 500 kWh / month (Apartment / Small Home) | $81.25 / mo |
| 800 kWh | 800 kWh / month (Medium Home / Efficient Usage) | $130.00 / mo |
| 1,000 kWh | 1,000 kWh / month (Standard U.S. Household Baseline) | $162.50 / mo |
| 1,500 kWh | 1,500 kWh / month (Large Home / All-Electric / High AC) | $243.75 / mo |
* Estimated energy charge only. Excludes utility fixed monthly customer fees, local distribution charges, time-of-use peak demand rates, fuel surcharges, and state taxes.
24-Month Historical Rate Trend (North Carolina)
Official U.S. EIA residential electricity price history for North Carolina over recent reporting periods:
| Reporting Month | Average Rate (¢/kWh) | Month-over-Month Change |
|---|---|---|
| April 2026 | 16.25 ¢/kWh | +0.25 ¢ |
| March 2026 | 16.00 ¢/kWh | +1.36 ¢ |
| February 2026 | 14.64 ¢/kWh | +0.96 ¢ |
| January 2026 | 13.68 ¢/kWh | +0.21 ¢ |
| December 2025 | 13.47 ¢/kWh | -1.17 ¢ |
| November 2025 | 14.64 ¢/kWh | -0.41 ¢ |
| October 2025 | 15.05 ¢/kWh | -0.07 ¢ |
| September 2025 | 15.12 ¢/kWh | +0.52 ¢ |
| August 2025 | 14.60 ¢/kWh | +1.23 ¢ |
| July 2025 | 13.37 ¢/kWh | -0.01 ¢ |
| June 2025 | 13.38 ¢/kWh | -0.94 ¢ |
| May 2025 | 14.32 ¢/kWh | -0.21 ¢ |
| April 2025 | 14.53 ¢/kWh | -0.27 ¢ |
| March 2025 | 14.80 ¢/kWh | +0.61 ¢ |
| February 2025 | 14.19 ¢/kWh | +1.68 ¢ |
| January 2025 | 12.51 ¢/kWh | -1.00 ¢ |
| December 2024 | 13.51 ¢/kWh | -1.35 ¢ |
| November 2024 | 14.86 ¢/kWh | -0.37 ¢ |
| October 2024 | 15.23 ¢/kWh | +0.36 ¢ |
| September 2024 | 14.87 ¢/kWh | +0.96 ¢ |
| August 2024 | 13.91 ¢/kWh | +0.24 ¢ |
| July 2024 | 13.67 ¢/kWh | +0.22 ¢ |
| June 2024 | 13.45 ¢/kWh | -0.47 ¢ |
| May 2024 | 13.92 ¢/kWh | -0.80 ¢ |
Key Electricity Cost Drivers in North Carolina
Primary market structure, generation mix, and environmental factors shaping electricity costs across North Carolina:
1. Duke Energy System Integration
Duke Energy serves the majority of North Carolina households under multi-year rate plans approved by the North Carolina Utilities Commission (NCUC).
2. Utility Solar Leadership
North Carolina ranks among national leaders in utility-scale solar capacity, which complements nuclear power and natural gas in the state generation mix.
3. Electric Heat Pump Adoption
High adoption rates of electric heat pumps for winter space heating create moderate dual seasonal usage peaks in both winter and summer.
Why Your Individual Electric Bill May Differ
Statewide average rates compiled by the U.S. EIA reflect overall residential revenue divided by total sales. Your actual monthly electricity bill in North Carolina will vary based on:
- Fixed Monthly Customer Charges: Basic meter account service fees assessed regardless of kWh consumption.
- Delivery & Distribution Tariffs: Regulated transmission charges set by state utility commissions.
- Time-of-Use (TOU) Pricing: Higher peak-period demand rates during hot afternoon or winter evening hours.
- Local Taxes & Clean Energy Riders: Municipal taxes and clean energy fund surcharges.
Calculate Your Exact North Carolina Home Electricity Bill
Statewide average rates provide a baseline, but your actual electric bill depends on your utility tariff structure, seasonal AC usage, and household appliances. Use Energy Bill Lab tools to analyze your bill or calculate appliance operating costs.