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North Carolina Electricity Utilities & Rates

111 electric utilities serve North Carolina · EIA Form 861 2025, with monthly prices through August 2026

Utilities
111
Customers
6,088,003
Electricity sold
143,760 GWh
Residential rate (2025)
14.00¢
Avg residential bill
$146/mo
Residential price (August 2026)
14.95¢

Average North Carolina electricity prices, 2025

Customer classAvg priceAvg monthly useAvg monthly bill
Residential14.00¢1,044 kWh$146.14
Commercial10.22¢5,559 kWh$568.03
Industrial7.79¢243,806 kWh$18,981.68

EIA Form 861 average-bill tables for 2025: total class revenue divided by sales and customers as filed. Prices are average realized rates, blending fixed and variable charges - not any single tariff.

Latest monthly prices (EIA-861M, preliminary)

PeriodResidentialCommercialIndustrialAll sectors
August 202614.95¢10.73¢8.23¢12.34¢
2026 year-to-date14.94¢10.61¢7.95¢12.17¢

Electric utilities serving North Carolina

UtilityOwnershipCustomers in stateSales (GWh)Residential rate
Duke Energy Carolinas, LLCInvestor Owned2,274,89659,76213.41¢
Duke Energy Progress - (NC)Investor Owned1,605,33038,54315.19¢
Adjustment 2025163,3553,45414.46¢
EnergyUnited Elec Member CorpCooperative145,0282,91611.61¢
Virginia Electric & Power CoInvestor Owned128,5224,12812.74¢
Brunswick Electric Member CorpCooperative118,3261,80913.34¢
Union Electric Membership Corp - (NC)Cooperative90,1481,63613.92¢
Jones-Onslow Elec Member CorpCooperative85,8011,38313.39¢
Fayetteville Public Works CommissionMunicipal85,0881,97812.14¢
Blue Ridge Elec Member Corp - (NC)Cooperative81,1751,15414.92¢
Rutherford Elec Member CorpCooperative77,7771,38513.02¢
Greenville Utilities CommMunicipal75,2381,81512.68¢
Lumbee River Elec Member CorpCooperative68,2851,40914.32¢
Wake Electric Membership CorpCooperative58,98793314.29¢
South River Elec Member CorpCooperative49,06788414.56¢
Town of High PointMunicipal44,6701,17511.66¢
Carteret-Craven El Member CorpCooperative43,75664012.46¢
French Broad Elec Member CorpCooperative39,93155516.21¢
City of Wilson - (NC)Municipal37,1921,14912.85¢
Four County Elec Member CorpCooperative35,9591,00315.10¢
Piedmont Electric Member CorpCooperative34,85954015.63¢
City of Concord - (NC)Municipal34,44597711.57¢
Randolph Electric Member CorpCooperative34,31254316.15¢
City of Gastonia - (NC)Municipal31,93173212.34¢
Town of Apex- (NC)Municipal31,90744216.72¢
Haywood Electric Member CorpCooperative31,28833016.86¢
Surry-Yadkin Elec Member CorpCooperative28,59738417.53¢
City of Rocky Mount - (NC)Municipal27,93776913.16¢
Tri-County Elec Member Corp (NC)Cooperative27,41957013.29¢
City of New Bern - (NC)Municipal25,37247914.76¢
Tideland Electric Member CorpCooperative24,72637216.41¢
Central Electric Membership Corp. - (NC)Cooperative23,32545715.37¢
Pee Dee Electric Member CorpCooperative22,35540315.58¢
City of Lexington - (NC)Municipal20,53340711.62¢
Blue Ridge Mountain EMC - (GA)Cooperative20,41426414.78¢
Mountain Electric Coop, IncCooperative20,16529613.17¢
City of Statesville - (NC)Municipal15,25344311.50¢
City of Washington - (NC)Municipal14,31426912.98¢
Roanoke Electric Member CorpCooperative14,06527020.70¢
Albemarle Electric Member CorpCooperative13,95124515.15¢
City of Monroe - (NC)Municipal13,73375211.72¢
City of Elizabeth City - (NC)Municipal13,68631112.03¢
City of Albemarle - (NC)Municipal13,59229211.27¢
Halifax Electric Member CorpCooperative12,378207—
City of Kinston - (NC)Municipal12,04242512.96¢
Edgecombe-Martin County E M CCooperative11,94221616.51¢
City of Lumberton - (NC)Municipal11,79024113.86¢
Town of Clayton - (NC)Municipal9,415135—
Town of Huntersville - (NC)Municipal9,41130212.57¢
Pitt & Greene Elec Member CorpCooperative9,267196—
City of Shelby - (NC)Municipal9,219194—
New River Light & Power CoState9,17821512.06¢
City of Morganton - (NC)Municipal8,91128211.59¢
Town of Wake Forest - (NC)Municipal8,774176—
Cape Hatteras Elec Member CorpCooperative8,194135—
Town of Tarboro - (NC)Municipal6,35921113.93¢
Town of Smithfield - (NC)Municipal5,830165—
City of Laurinburg - (NC)Municipal5,598131—
Town of Murphy - (NC)Municipal5,49125513.39¢
City of Kings Mountain - (NC)Municipal5,487146—
Town of Ayden - (NC)Municipal5,012107—
City of Newton - (NC)Municipal4,946154—
Town of Edenton - (NC)Municipal4,317101—
Town of Forest CityMunicipal4,288101—
Town of Dallas - (NC)Municipal4,04169.0—
Town of Cornelius - (NC)Municipal4,02656.7—
Town of Pineville - (NC)Municipal4,026134—
Town of Landis - (NC)Municipal3,68249.7—
City of Southport - (NC)Municipal3,63562.4—
Town of Waynesville - (NC)Municipal3,56877.4—
City of Winterville - (NC)Municipal3,42754.5—
Town of Farmville - (NC)Municipal3,19346.7—
Town of Selma - (NC)Municipal3,04965.8—
City of Lincolnton - (NC)Municipal3,04266.9—
City of Highlands - (NC)Municipal2,97447.0—
City of Cherryville - (NC)Municipal2,65350.5—
Town of Granite Falls - (NC)Municipal2,63858.5—
Town of Benson - (NC)Municipal2,24541.5—
Town of Louisburg - (NC)Municipal2,13255.3—
Town of La Grange - (NC)Municipal1,94927.8—
Tri-State Electric Member CorpCooperative1,81017.115.56¢
Town of Red Springs - (NC)Municipal1,75435.0—
Town of Windsor- (NC)Municipal1,74644.8—
Town of Scotland Neck - (NC)Municipal1,35524.2—
Town of Maiden - (NC)Municipal1,34673.8—
Town of Stantonsburg - (NC)Municipal1,33521.3—
Town of Sharpsburg - (NC)Municipal1,26017.6—
Town of Drexel - (NC)Municipal1,25618.7—
Town of Enfield - (NC)Municipal1,22016.9—
City of Hertford - (NC)Municipal1,20224.9—
Town of Lucama - (NC)Municipal1,15119.5—
Town of Belhaven - (NC)Municipal1,09616.7—
City of Robersonville - (NC)Municipal89319.4—
Town of Black Creek - (NC)Municipal86413.0—
Town of Fremont - (NC)Municipal7629.6—
Town of Pinetops - (NC)Municipal70418.9—
Town of Pikeville - (NC)Municipal5148.0—
Broad River Electric Coop, IncCooperative4986.816.65¢
Town of Hookerton - (NC)Municipal3985.9—
Town of Fountain - (NC)Municipal2974.2—
Town of MacClesfield - (NC)Municipal2747.3—
Town of HobgoodMunicipal2673.5—
Town of Hamilton - (NC)Municipal2452.5—
Town of Oak City - (NC)Municipal2253.2—
Town of Bostic - (NC)Municipal2093.8—
Palmetto Solar, LLCBehind the Meter1782.119.04¢
Mecklenburg Electric CooperativeCooperative1421.913.90¢
Town of WalstonburgMunicipal1372.0—
York Electric Coop IncCooperative190.412.90¢
Tennessee Valley AuthorityFederal44.6—
Greenbacker Renewable Energy CorporationBehind the Meter30.9—

Cheapest residential electricity in North Carolina (2025)

Source: U.S. Energy Information Administration, Forms EIA-861 (2025) and EIA-861M (monthly, preliminary).

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