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States › North Carolina › May 2025

North Carolina electricity prices, May 2025

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

In May 2025, residential customers in North Carolina paid an average of 14.32¢ per kilowatthour, up 2.9% on the same month a year earlier (13.92¢). The US average for the month was 17.37¢; North Carolina was 18% below that. It ranked 36th highest among the 50 states and the District of Columbia.

Residential sales were 4,359,626 MWh, down 3.9% on a year earlier, and the average residential bill for the month was $121.58 on 849 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.

14.32¢residential, per kWh+2.9% on May 2024
$121.58average residential bill for the monthon 849 kWh
4.4 TWhresidential sales-3.9% on a year earlier
36thhighest residential price of 51US 17.37¢

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

SectorMay 2025May 2024ChangeUS, May 2025
Residential14.32¢13.92¢+2.9%17.37¢
Commercial10.16¢10.17¢-0.1%12.93¢
Industrial7.52¢7.47¢+0.7%8.29¢
All sectors11.28¢11.18¢+0.9%13.13¢

Sales and customers

MeasureMay 2025May 2024Change
Residential sales4.4 TWh4.5 TWh-3.9%
Sales, all sectors10.8 TWh10.9 TWh-1.2%
Residential customers5,133,4835,052,397+1.6%
Average residential bill$121.58$125.05-2.8%
Average residential use, kWh849898-5.5%
US residential price17.37¢16.40¢+5.9%

The two years to May 2025

0¢5¢10¢15¢20¢May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025

North Carolina residentialUS residential

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

Questions and answers

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

14.32¢ per kilowatthour for residential customers, 10.16¢ for commercial and 7.52¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 13.92¢ in May 2024, a change of +2.9%. Residential sales changed by -3.9% over the same period.

What was the average residential bill that month?

$121.58, on average use of 849 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.