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Electricity prices in North Carolina

Homes in North Carolina paid an average of 14.95 cents per kilowatt-hour for electricity in August 2026, compared with 14.59 cents a year earlier. Over the 12 months to August 2026 the average was 14.79 cents, the 35th highest of the 50 states and DC. The US average over the same period was 18.04 cents.

Residential price, August 2026 (preliminary)14.95¢+2.5% vs year earlier
12-month average price14.79¢+5.5% vs year earlier
Average monthly bill, last 12 months$154+6.2% vs year earlier
Average monthly use, last 12 months1,044 kWhUS: 875 kWh
Price change since August 2021+32.0%from 11.33¢
Business (commercial) price, August 202610.73¢per kWh

Monthly price since 2017

911131517192017201820192020202120222023202420252026

North CarolinaUS average

Average residential revenue per kilowatt-hour sold, in cents, each month. Prices usually rise in summer in many states because of tiered and seasonal rates.

Year by year

YearPrice (cents/kWh)Average monthly billAverage monthly use (kWh)Residential customers
202514.00$1461,0445,162,891
202414.13$1431,0155,067,755
202312.93$1289894,951,377
202211.62$1241,0724,855,656
202111.32$1201,0634,774,589
202011.38$1181,0414,695,091
201911.42$1231,0794,620,856
201811.09$1251,1294,550,417
201710.94$1141,0424,488,036
201611.03$1211,1014,423,529
201511.28$1261,1134,336,694
201411.10$1261,1364,303,474
201310.97$1211,0984,268,014
201210.91$1171,0774,230,585
201110.26$1181,1514,201,897
201010.12$1251,2384,185,534

Full calendar years with final EIA data. Bills and use are averages per residential customer account.

Last 24 months

MonthPrice (cents/kWh)Average billAverage use (kWh)
August 2026 (preliminary)14.95$1961,310
July 2026 (preliminary)15.16$2031,338
June 2026 (preliminary)14.74$1661,125
May 2026 (preliminary)15.09$130864
April 2026 (preliminary)16.25$123756
March 2026 (preliminary)16.00$134835
February 2026 (preliminary)14.64$1731,185
January 2026 (preliminary)13.68$1851,351
December 202513.45$1611,200
November 202514.61$124849
October 202515.01$119793
September 202515.08$139920
August 202514.59$1671,142
July 202513.35$1861,391
June 202513.37$1551,160
May 202514.30$121849
April 202514.54$112772
March 202514.79$128868
February 202514.13$1531,086
January 202512.50$1881,501
December 202413.51$1541,139
November 202414.86$120806
October 202415.23$119783
September 202414.87$141946

Utilities in North Carolina, 2025

Full-service (bundled) residential customers by utility for 2025, from the annual EIA-861 survey. Select a heading to sort.

Duke Energy Carolinas, LLCinvestor-owned utility1,961,10813.41$134
Duke Energy Progressinvestor-owned utility1,383,94115.19$159
EnergyUnited Elec Member Corpelectric cooperative124,44611.61$141
Virginia Electric & Power Coinvestor-owned utility109,05712.74$164
Brunswick Electric Member Corpelectric cooperative108,08713.34$144
Union Electric Membership Corpelectric cooperative86,85213.92$170
Jones-Onslow Elec Member Corpelectric cooperative81,07013.39$151
Fayetteville Public Works Commissionmunicipal utility75,61812.14$122
Blue Ridge Elec Member Corpelectric cooperative72,32014.92$135
Rutherford Elec Member Corpelectric cooperative72,06013.02$149
Greenville Utilities Commmunicipal utility66,77912.68$131
Lumbee River Elec Member Corpelectric cooperative65,42214.32$194
Wake Electric Membership Corpelectric cooperative56,06914.29$160
South River Elec Member Corpelectric cooperative46,42214.56$190
Carteret-Craven El Member Corpelectric cooperative39,42412.46$131
Town of High Pointmunicipal utility38,55311.66$109
French Broad Elec Member Corpelectric cooperative36,04916.21$131
City of Wilsonmunicipal utility32,47212.85$143
Randolph Electric Member Corpelectric cooperative31,53116.15$170
Four County Elec Member Corpelectric cooperative31,22215.10$193
Piedmont Electric Member Corpelectric cooperative30,64015.63$186
Haywood Electric Member Corpelectric cooperative30,30716.86$139
City of Concordmunicipal utility30,02911.57$120
Town of Apexmunicipal utility29,75416.72$127
Surry-Yadkin Elec Member Corpelectric cooperative28,29617.53$186
City of Gastoniamunicipal utility27,52412.34$111
City of Rocky Mountmunicipal utility24,39513.16$144
Tri-County Elec Member Corpelectric cooperative22,88713.29$172
Tideland Electric Member Corpelectric cooperative21,90616.41$161
City of New Bernmunicipal utility21,54514.76$156
Central Electric Membership Corp.electric cooperative20,67715.37$220
Pee Dee Electric Member Corpelectric cooperative19,43515.58$183
City of Lexingtonmunicipal utility18,28211.62$131
Blue Ridge Mountain EMCelectric cooperative16,04014.78$142
Mountain Electric Coop, Incelectric cooperative15,49413.17$129
Albemarle Electric Member Corpelectric cooperative12,81015.15$198
City of Statesvillemunicipal utility12,44211.50$105
Roanoke Electric Member Corpelectric cooperative12,04520.70$243
City of Washingtonmunicipal utility11,57212.98$135
City of Elizabeth Citymunicipal utility11,55412.03$138
City of Monroemunicipal utility11,31311.72$114
City of Albemarlemunicipal utility11,30211.27$124
Edgecombe-Martin County E M Celectric cooperative10,81016.51$195
City of Kinstonmunicipal utility10,04012.96$142
City of Lumbertonmunicipal utility9,93813.86$114
Town of Huntersvillemunicipal utility8,61712.57$112
New River Light & Power Costate or other public utility7,31812.06$89
City of Morgantonmunicipal utility7,06611.59$104
Town of Tarboromunicipal utility5,52013.93$135
Town of Murphymunicipal utility3,72513.39$147
Tri-State Electric Member Corpelectric cooperative1,58115.56$132

Reliability across North Carolina in 2025: the average customer was without power for 196 minutes over 1.40 interruptions, or 144 minutes excluding major storms and other major event days. This is EIA's state total for utilities reporting under any standard, covering 5,515,892 customers.

If your bill is hard to pay

The federal Low Income Home Energy Assistance Program (LIHEAP) helps with heating and cooling bills. Find your state office on the LIHEAP page. Your state utility commission handles complaints about utility billing and rates.

Sources

  1. US Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 and 2024 detailed data (Sales to Ultimate Customers, Reliability, Service Territory, Average Bill)
  2. US Energy Information Administration, Electric power sales, revenue, and energy efficiency, Form EIA-861M detailed data (sales_revenue.xlsx), monthly 2010 to August 2026
  3. US Energy Information Administration, Electric Power Monthly, Table 5.6.A and Table 5.6.B, average price of electricity by state (used to cross-check every state figure for August 2026)

Checked 29 October 2026. Figures for 2026 are preliminary and EIA may revise them. These are statewide averages, not the rate on your bill.