Power Bill Facts

States › North Carolina

State · 2024 annual, monthly to Jul 2026

North Carolina electricity prices and utilities

5,067,755 residential customers · 54 utilities and suppliers reporting · price rank 34 of 51, from the highest

US14.13¢ per kWh7.43¢35.66¢
Average residential price, 2024. Dial position: 62% of 1,230 US utilities had this price or lower. Tick: US average.

Households in North Carolina paid an average of 14.13¢ per kilowatthour for electricity in 2024, 14% below the US average of 16.48¢. That ranks 34th highest of the 50 states and the District of Columbia.

The average residential bill was $143.50 a month on 1,015 kWh of monthly use (US: $142.26 on 863 kWh), the 20th highest bill. Residential sales came to 5,514 kWh per resident over the year.

In July 2026, the latest month EIA has published, the residential average was 15.16¢, up 13.4% on July 2025; the US figure for the month was 18.31¢. Monthly figures are preliminary until EIA finalises the year.

54 respondents reported residential customers in North Carolina on the full Form EIA-861 for 2024, and 53 smaller utilities filed the short form, which has no residential breakdown. Investor-owned utilities account for 68.6% of the residential customers reported.

14.13¢residential, per kWh, 2024US 16.48¢ · 1 yr +9.3%
$143.50average monthly residential billon 1,015 kWh a month
15.16¢residential, July 2026preliminary · US 18.31¢
1,441.0SAIDI minutes per customer, all events141.4 without major event days

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. State averages are EIA's own, from Forms EIA-861 and EIA-861M.

Residential price by month

0¢5¢10¢15¢20¢Aug 2020Aug 2021Aug 2022Aug 2023Aug 2024Aug 2025Jul 2026

North CarolinaUnited States

Cents per kWh, Form EIA-861M. The most recent months are preliminary.

Monthly pages:Jul 2026Jun 2026May 2026Apr 2026Mar 2026Feb 2026Jan 2026Dec 2025Nov 2025Oct 2025Sep 2025Aug 2025Jul 2025Jun 2025May 2025Apr 2025Mar 2025Feb 2025Jan 2025Dec 2024Nov 2024Oct 2024Sep 2024Aug 2024

Year by year

YearResidential ¢US ¢Commercial ¢Industrial ¢Monthly billkWh a month
2026 to Jul 202614.94¢18.19¢10.58¢7.91¢$159.081,065
2025 preliminary14.02¢17.30¢10.25¢7.80¢$146.261,043
202414.13¢16.48¢10.56¢7.77¢$143.501,015
202312.93¢16.00¢9.67¢7.15¢$127.79989
202211.62¢15.04¢8.75¢6.54¢$124.481,072
202111.32¢13.66¢8.50¢6.14¢$120.381,063
202011.38¢13.15¢8.69¢6.31¢$118.441,041
201911.42¢13.01¢8.81¢6.30¢$123.251,079
201811.09¢12.87¢8.58¢6.33¢$125.171,129
201710.94¢12.89¢8.44¢6.20¢$113.981,042
201611.03¢12.55¢8.62¢6.31¢$121.441,101
201511.28¢12.65¢8.73¢6.51¢$125.521,113
201411.10¢12.52¢8.75¢6.50¢$126.091,136
201310.97¢12.13¢8.76¢6.45¢$120.521,098

Nominal prices. The five-year change in the residential average is +23.7%. A part-year row covers January to the latest month published, so it is not comparable with full years: winter and summer months weigh differently.

Utilities by average residential price, 2024

Every filing with at least 100 bundled residential customers in North Carolina, highest average price first. Linked utilities have 1,000 or more residential customers. A multi-state utility appears with its North Carolina figures only.

UtilityOwnershipResidential customers¢ per kWhMonthly billSAIDI, all eventsSAIDI, no major events
Roanoke Electric Member CorpCooperative12,04921.14¢$240.29126.6108.0
Haywood Electric Member CorpCooperative29,07816.60¢$134.009,611.7565.7
Tideland Electric Member CorpCooperative21,55116.18¢$150.42268.1154.4
Surry-Yadkin Elec Member CorpCooperative28,08016.06¢$165.711,432.3213.0
Edgecombe-Martin County E M CCooperative10,71616.06¢$182.52113.483.1
Randolph Electric Member CorpCooperative31,08615.91¢$163.14224.2114.2
Broad River Electric Coop, IncCooperative48215.62¢$171.23——
Piedmont Electric Member CorpCooperative30,33415.60¢$178.66397.8170.5
Duke Energy ProgressInvestor-owned1,356,07915.54¢$156.391,803.1141.4
French Broad Elec Member CorpCooperative36,14714.78¢$114.4068.1—
Pee Dee Electric Member CorpCooperative19,39614.77¢$169.04532.1187.2
Tri-State Electric Member CorpCooperative1,57114.68¢$119.62——
Blue Ridge Elec Member CorpCooperative71,92614.59¢$126.746,038.592.9
Albemarle Electric Member CorpCooperative12,72814.47¢$177.32139.981.3
Mecklenburg Electric CooperativeCooperative13514.40¢$150.93——
Central Electric Membership Corp.Cooperative22,07114.34¢$184.13442.5152.9
Blue Ridge Mountain EMCCooperative15,87914.05¢$129.58——
Four County Elec Member CorpCooperative30,80713.98¢$173.8277.477.4
Duke Energy Carolinas, LLCInvestor-owned1,919,37213.94¢$137.161,626.0168.0
Virginia Electric & Power CoInvestor-owned108,65613.93¢$167.28167.0100.2
City of LumbertonMunicipal9,98313.83¢$113.43105.5—
Brunswick Electric Member CorpCooperative105,56213.66¢$130.7744.531.2
Town of TarboroMunicipal5,59213.56¢$125.57——
Wake Electric Membership CorpCooperative53,26813.42¢$149.15165.5108.0
Union Electric Membership CorpCooperative84,60213.37¢$164.48357.153.2
South River Elec Member CorpCooperative45,73013.30¢$167.2095.347.3
Rutherford Elec Member CorpCooperative70,74313.13¢$146.415,532.4350.2
Jones-Onslow Elec Member CorpCooperative79,69013.09¢$141.41124.745.5
City of KinstonMunicipal10,04213.07¢$138.8156.756.7
City of WashingtonMunicipal11,54713.01¢$129.43——
Town of MurphyMunicipal3,68512.85¢$139.05——
Lumbee River Elec Member CorpCooperative64,39612.81¢$167.82282.6127.6
Tri-County Elec Member Corp (NC)Cooperative22,52312.76¢$158.35111.8111.8
City of New BernMunicipal21,22612.65¢$129.18144.241.5
Mountain Electric Coop, IncCooperative15,49112.51¢$115.40——
New River Light & Power CoState7,24712.45¢$89.14307.217.5
City of GastoniaMunicipal27,00812.40¢$110.171,378.297.2
City of MonroeMunicipal10,54312.28¢$118.3222.418.2
Fayetteville Public Works CommissionMunicipal75,98712.21¢$118.52129.370.9
City of Rocky MountMunicipal25,40712.18¢$121.6486.870.0
Carteret-Craven El Member CorpCooperative38,85812.15¢$122.33104.569.8
City of WilsonMunicipal32,07812.13¢$131.42123.155.7
Town of HuntersvilleMunicipal8,08012.12¢$119.08238.8—
Greenville Utilities CommMunicipal65,73111.97¢$118.9133.333.3
City of ConcordMunicipal29,85711.84¢$118.10172.4172.4
City of Elizabeth CityMunicipal11,36611.76¢$131.06——
City of LexingtonMunicipal18,05311.75¢$128.12266.7173.9
City of StatesvilleMunicipal12,12011.71¢$104.1587.175.6
Town of High PointMunicipal38,07911.63¢$102.4278.664.6
EnergyUnited Elec Member CorpCooperative121,99511.54¢$137.08424.3123.8
City of AlbemarleMunicipal11,24810.85¢$115.1341.026.6
City of MorgantonMunicipal7,05510.67¢$94.64175.17.8
Town of ApexMunicipal29,28910.52¢$95.20116.436.3

Energy-only and delivery-only filings

These respondents bill part of the service in North Carolina, so EIA's revenue figure for them is not a whole price and none is listed here.

RespondentOwnershipResidential customers
York Electric Coop Inc bundled, under 100Electric cooperatives15

Reliability by utility, 2024

Haywood Electric Member Corp9,611.7 min
Blue Ridge Elec Member Corp6,038.5 min
Rutherford Elec Member Corp5,532.4 min
Duke Energy Progress1,803.1 min
Duke Energy Carolinas, LLC1,626 min
Surry-Yadkin Elec Member Corp1,432.3 min
City of Gastonia1,378.2 min
Pee Dee Electric Member Corp532.1 min
Central Electric Membership Corp.442.5 min
EnergyUnited Elec Member Corp424.3 min
Piedmont Electric Member Corp397.8 min
Union Electric Membership Corp357.1 min
New River Light & Power Co307.2 min
Lumbee River Elec Member Corp282.6 min
Tideland Electric Member Corp268.1 min
City of Lexington266.7 min
Town of Huntersville238.8 min
Randolph Electric Member Corp224.2 min
City of Morganton175.1 min
City of Concord172.4 min
Virginia Electric & Power Co167 min
Wake Electric Membership Corp165.5 min
City of New Bern144.2 min
Albemarle Electric Member Corp139.9 min
Fayetteville Public Works Commission129.3 min

SAIDI: minutes of sustained interruption per customer over the year, including major event days (paler bars: the utility reported only the figure without major event days). The 25 highest of 44 filings are drawn; the price table above carries every figure. Median across 44 North Carolina filings: 154.9 minutes with major event days, 83.1 without. EIA's state total: 1,441.0 and 141.4 minutes, with SAIFI of 1.81 interruptions per customer. Utilities use differing calculation methods, and a single storm can dominate a small utility's year.

YearMedian SAIDI, all eventsMedian SAIDI, no major eventsFilingsEIA state total, all eventsEIA state total, no major events
2024154.983.1441,441.0141.4
2023133.2102.744252.0153.5
2022158.995.944——
2021107.167.343——
2020186.795.543——
2019154.891.551——
2018232.276.147——
201797.772.846——
2016208.892.145——
2015123.087.643——
201496.374.743——
2013107.083.042——

Sales by sector, 2024

SectorSalesShare¢ per kWh
Residential61.7 TWh45%14.13¢
Commercial49.5 TWh36%10.56¢
Industrial25.6 TWh19%7.77¢
All sectors136.9 TWh11.65¢

Residential sales per resident: 5,514 kWh a year, on a Census population estimate of 11,197,968.

Who serves North Carolina

OwnershipFilingsResidential customersShareMedian ¢
Investor-owned utilities33,384,10768.6%13.94¢
Electric cooperatives291,076,90921.8%14.37¢
Municipal utilities21463,9769.4%12.13¢
State-owned utilities17,2470.1%12.45¢

Customers as reported by each respondent. Where households buy energy from a retail supplier, the delivery utility and the supplier both report them, so shares describe filings, not households.

Counties

Each county page lists the utilities whose Form EIA-861 service territory includes it.

Questions and answers

What is the average electricity price in North Carolina?

14.13¢ per kilowatthour for residential customers in 2024, against a US average of 16.48¢. Commercial customers averaged 10.56¢ and industrial customers 7.77¢. The latest monthly residential figure is 15.16¢ for July 2026 (preliminary).

What is the average electric bill in North Carolina?

$143.50 a month for residential customers in 2024, on average use of 1,015 kWh a month. The US average was $142.26 on 863 kWh.

Is electricity getting more expensive in North Carolina?

The average residential price was up 9.3% in 2024 on the year before and up 23.7% on 2019. These are nominal prices, not adjusted for inflation.

How reliable is electric service in North Carolina?

EIA's state total for 2024 is 1,441.0 minutes of interruption per customer including major event days and 141.4 minutes excluding them, across utilities reporting under any method. The median utility in the state reported 154.9 minutes including major event days.

How many electric utilities serve North Carolina?

54 respondents reported residential customers in North Carolina on the full Form EIA-861 for 2024; 53 of them have a bundled residential price. Another 53 small utilities filed the short form. 100 counties appear in service territories.

Provenance

Source: U.S. Energy Information Administration. State averages, sales and customers by year and month: Form EIA-861M sales and revenue workbook, through July 2026. Utility rows, reliability and service territories: Form EIA-861, 2024 final release. Population: U.S. Census Bureau Vintage 2025 estimates. Public domain. See methodology.