Electricity Rate in North Carolina (2026): 13.47c/kWh Average
North Carolina Electricity Rate: What You Need to Know
North Carolina electricity averages 13.47 cents per kWh for residential customers as of April 2026, according to the EIA Electric Power Monthly. This is 4.18c below the US average of 17.65c/kWh. The average monthly bill for North Carolina households is $150 based on typical usage of 1112 kWh.
North Carolina is served almost entirely by Duke Energy - either Duke Energy Carolinas or Duke Energy Progress, both subsidiaries of Duke Energy Corporation. North Carolina law does not permit retail choice. Duke Energy's 13.47c/kWh rate is slightly below the US average, reflecting the Carolinas' diverse fuel mix (40% natural gas, 35% nuclear, 15% solar, 10% coal). The Vogtle nuclear expansion in neighboring Georgia has not directly affected NC rates. Duke Energy's 2025 rate case approved a 6.0% residential increase for grid modernization, including grid hardening after Hurricane Helene damage in 2024.
Generation mix: Natural gas 40%, nuclear 35%, solar 15%, coal 10%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.
Year-over-year change: North Carolina rates rose 4.1% year-over-year as of April 2026. This compares to the US average increase of 5.4% over the same period.
Regulated: You Cannot Switch Electricity Suppliers
Duke Energy Carolinas / Duke Energy Progress operates as the regulated utility in North Carolina. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.
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