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North Carolina Electricity Rates

Average price of electricity in North Carolina, July 2026, from the U.S. Energy Information Administration. Recent months are preliminary.

Residential
15.16¢/kWh
July 2026
Commercial
10.73¢/kWh
July 2026
Industrial
8.37¢/kWh
July 2026
Average home bill
$146/mo
2025, 1,044 kWh a month

North Carolina electricity prices, 5 years

Average cents per kilowatt-hour by month

ResidentialCommercialIndustrial
Show as a table
PeriodResidential
Jul 202615.16¢
Dec 202513.47¢
Dec 202413.51¢
Dec 202312.97¢
Dec 202211.48¢
Dec 202111.14¢

Residential price by month

Cents per kWh, homes, and change from the same month a year earlier

Swipe the table sideways to see more columns.

MonthPrice1 year changeCustomers
Jul 202615.16¢/kWh+13.4%5,254,392
Jun 202614.74¢/kWh+10.2%5,246,940
May 202615.09¢/kWh+5.4%5,234,180
Apr 202616.25¢/kWh+11.8%5,229,187
Mar 202616.00¢/kWh+8.1%5,224,942
Feb 202614.64¢/kWh+3.2%5,209,075
Jan 202613.68¢/kWh+9.4%5,206,934
Dec 202513.47¢/kWh-0.3%5,201,684
Nov 202514.64¢/kWh-1.5%5,191,985
Oct 202515.05¢/kWh-1.2%5,203,675
Sep 202515.12¢/kWh+1.7%5,194,938
Aug 202514.60¢/kWh+5.0%5,174,002
Jul 202513.37¢/kWh-2.2%5,165,330
Jun 202513.38¢/kWh-0.5%5,155,962
May 202514.32¢/kWh+2.9%5,133,483
Apr 202514.53¢/kWh-1.3%5,128,602
Mar 202514.80¢/kWh-3.5%5,121,606
Feb 202514.19¢/kWh-4.6%5,109,808
Jan 202512.51¢/kWh-2.6%5,107,526
Dec 202413.51¢/kWh+4.2%5,120,207
Nov 202414.86¢/kWh+11.0%5,111,445
Oct 202415.23¢/kWh+5.8%5,104,682
Sep 202414.87¢/kWh+8.4%5,095,259
Aug 202413.91¢/kWh+9.5%5,086,260

Electric utilities in North Carolina

Largest by customers, 2025. Price and bill are for homes served with bundled generation and delivery

All 111

Swipe the table sideways to see more columns.

UtilityCustomersHome priceHome bill
Duke Energy Carolinas, LLCInvestor Owned2,274,89613.41¢/kWh$134/mo
Duke Energy Progress - (NC)Investor Owned1,605,33015.19¢/kWh$159/mo
EnergyUnited Elec Member CorpCooperative145,02811.61¢/kWh$141/mo
Virginia Electric & Power CoInvestor Owned128,52212.74¢/kWh$164/mo
Brunswick Electric Member CorpCooperative118,32613.34¢/kWh$144/mo
Union Electric Membership Corp - (NC)Cooperative90,14813.92¢/kWh$170/mo
Jones-Onslow Elec Member CorpCooperative85,80113.39¢/kWh$151/mo
Fayetteville Public Works CommissionMunicipal85,08812.14¢/kWh$122/mo
Blue Ridge Elec Member Corp - (NC)Cooperative81,17514.92¢/kWh$135/mo
Rutherford Elec Member CorpCooperative77,77713.02¢/kWh$149/mo
Greenville Utilities CommMunicipal75,23812.68¢/kWh$131/mo
Lumbee River Elec Member CorpCooperative68,28514.32¢/kWh$194/mo
Wake Electric Membership CorpCooperative58,98714.29¢/kWh$160/mo
South River Elec Member CorpCooperative49,06714.56¢/kWh$190/mo
Town of High PointMunicipal44,67011.66¢/kWh$109/mo
Carteret-Craven El Member CorpCooperative43,75612.46¢/kWh$131/mo
French Broad Elec Member CorpCooperative39,93116.21¢/kWh$131/mo
City of Wilson - (NC)Municipal37,19212.85¢/kWh$143/mo
Four County Elec Member CorpCooperative35,95915.10¢/kWh$193/mo
Piedmont Electric Member CorpCooperative34,85915.63¢/kWh$186/mo
City of Concord - (NC)Municipal34,44511.57¢/kWh$120/mo
Randolph Electric Member CorpCooperative34,31216.15¢/kWh$170/mo
City of Gastonia - (NC)Municipal31,93112.34¢/kWh$111/mo
Town of Apex- (NC)Municipal31,90716.72¢/kWh$127/mo
Haywood Electric Member CorpCooperative31,28816.86¢/kWh$139/mo
Surry-Yadkin Elec Member CorpCooperative28,59717.53¢/kWh$186/mo
City of Rocky Mount - (NC)Municipal27,93713.16¢/kWh$144/mo
Tri-County Elec Member Corp (NC)Cooperative27,41913.29¢/kWh$172/mo
City of New Bern - (NC)Municipal25,37214.76¢/kWh$156/mo
Tideland Electric Member CorpCooperative24,72616.41¢/kWh$161/mo
Central Electric Membership Corp. - (NC)Cooperative23,32515.37¢/kWh$220/mo
Pee Dee Electric Member CorpCooperative22,35515.58¢/kWh$183/mo
City of Lexington - (NC)Municipal20,53311.62¢/kWh$131/mo
Blue Ridge Mountain EMC - (GA)Cooperative20,41414.78¢/kWh$142/mo
Mountain Electric Coop, IncCooperative20,16513.17¢/kWh$129/mo
City of Statesville - (NC)Municipal15,25311.50¢/kWh$105/mo
City of Washington - (NC)Municipal14,31412.98¢/kWh$135/mo
Roanoke Electric Member CorpCooperative14,06520.70¢/kWh$243/mo
Albemarle Electric Member CorpCooperative13,95115.15¢/kWh$198/mo
City of Monroe - (NC)Municipal13,73311.72¢/kWh$114/mo

Price is revenue divided by kilowatt-hours sold. Where customers can choose a retail electricity supplier, the utility that delivers power may report only delivery charges, so its price can look lower than what customers pay in total.

Frequently asked questions

What is the average electricity rate in North Carolina?
Homes in North Carolina paid an average of 15.16¢/kWh per kilowatt-hour in July 2026, compared with 13.37¢/kWh a year earlier. The U.S. average was 18.31¢/kWh.
Is electricity expensive in North Carolina?
North Carolina had the 36th highest average residential price of 51 states and DC in July 2026.
What is the average electric bill in North Carolina?
The average North Carolina home used 1,044 kWh a month and paid $146.14 a month in 2025, according to EIA.
What is the largest electric utility in North Carolina?
Duke Energy Carolinas, LLC serves the most customers in North Carolina, about 2,274,896 in 2025.

Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861 · Data for July 2026