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North Carolina electricity prices, March 2025

Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary

In March 2025, residential customers in North Carolina paid an average of 14.80¢ per kilowatthour, down 3.5% on the same month a year earlier (15.34¢). The US average for the month was 17.09¢; North Carolina was 13% below that. It ranked 31st highest among the 50 states and the District of Columbia.

Residential sales were 4,446,172 MWh, up 9.8% on a year earlier, and the average residential bill for the month was $128.52 on 868 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.

14.80¢residential, per kWh-3.5% on Mar 2024
$128.52average residential bill for the monthon 868 kWh
4.4 TWhresidential sales+9.8% on a year earlier
31sthighest residential price of 51US 17.09¢

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. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorMar 2025Mar 2024ChangeUS, Mar 2025
Residential14.80¢15.34¢-3.5%17.09¢
Commercial10.64¢10.64¢0.0%13.16¢
Industrial7.73¢7.79¢-0.8%8.26¢
All sectors11.83¢11.95¢-1.0%13.23¢

Sales and customers

MeasureMar 2025Mar 2024Change
Residential sales4.4 TWh4 TWh+9.8%
Sales, all sectors10.3 TWh9.9 TWh+4.5%
Residential customers5,121,6065,029,672+1.8%
Average residential bill$128.52$123.49+4.1%
Average residential use, kWh868805+7.8%
US residential price17.09¢16.67¢+2.5%

The two years to March 2025

0¢5¢10¢15¢20¢Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025

North Carolina residentialUS residential

Cents per kWh, Form EIA-861M.
← February 2025April 2025 →

Questions and answers

What was the average electricity price in North Carolina in March 2025?

14.80¢ per kilowatthour for residential customers, 10.64¢ for commercial and 7.73¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 15.34¢ in March 2024, a change of -3.5%. Residential sales changed by +9.8% over the same period.

What was the average residential bill that month?

$128.52, on average use of 868 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the North Carolina page.