Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error
Duke Energy Progress electricity: 1,576,769 accounts in North Carolina, SAIDI 141
Roughly 1,576,769 North Carolina accounts belong to Duke Energy Progress, classed by EIA as investor owned; the residential count is 1,356,079. Its home price moved +41.2% from 2015 to 2024, 15.9 points faster than North Carolina.
Brunswick NPP. Photo by Doc Searls from Santa Barbara, USA, CC BY-SA 2.0, Wikimedia Commons. Illustrative, not a listed utility's plant.
Duke Energy Progress: 1,006 kWh a month costs roughly $156 in energy at 15.54 ¢/kWh, +10.0% on the North Carolina average of 14.13 ¢.
Its home price moved +41.2% from 2015 to 2024, 15.9 points faster than North Carolina.
Duke Energy Progress: price path since 2015
Home price since 2015
+41.2%North Carolina +25.3%, a gap of +15.9 points
The record that sets Duke Energy Progress apart is the path of its home price: 11.01 ¢ in 2015, 15.54 ¢ in 2024. That is +41.2%, while the North Carolina average went +25.3%, so this utility climbed faster by 15.9 points.
Among North Carolina utilities with 20,000+ homes it stood 4th cheapest of 26 in 2015 and is 25th of 30 in 2024, so it fell down the list.
How it compares
Duke Energy Progress
Duke Energy Progress, 2024
Home
Business
Bill
SAIDI
Duke Energy Progress
15.54 ¢/kWh
11.32 ¢/kWh
$156at 1,006 kWh
141 minSAIDI
North Carolina average against this company, which is 25 of 30 on priceLowest in this table
Duke Energy Progress: -2.3% on 2024 for homes, North Carolina -0.8%.
Duke Energy Progress home price, 2025
15.19 ¢/kWh-2.3% on 2024, early release
Duke Energy Progress SAIDI, 2025
145 min+2% on 2024, early release
Duke Energy Progress against North Carolina, 2025
-1.5 pointsDuke Energy Progress -2.3%, North Carolina -0.8%, price in North Carolina 14.02 ¢
Duke Energy Progress: 15.19 ¢/kWh in the 2025 early release, -2.3% from 15.54 ¢; North Carolina as a whole went -0.8%, so Duke Energy Progress trailed it by 1.5 points. Its SAIDI is 145 minutes against 141 in 2024.
Carbon context
Duke Energy Progress serves 1,356,079 homes in North Carolina. At 1,006 kWh a month that is about 285 kg of CO₂, or 3,417 kg a year, at the North Carolina plant rate, state generation and not this utility: North Carolina generation mix.
Duke Energy Progress charts
Residential price since 2015: 15.54 ¢ in 2024
11.01 ¢ in 2015, 15.54 ¢ in 2024 (+41.2%); North Carolina 11.28 to 14.13 ¢.
Duke Energy Progress residential price 2015-2024, 2015 to 2024: 10 rows
Duke Energy Progress billed homes 11.01 ¢/kWh in 2015 and 15.54 ¢ in 2024, +41.2% in all, and outpaced the North Carolina average (+25.3%) by 15.9 points. Duke Energy Progress's sharpest move came in 2023, +16.5%. The latest year is the high at 15.54 ¢; the low was 10.37 ¢ (2017). 2024: +9.6% here, +9.3% for the North Carolina average. SAIDI at Duke Energy Progress (major events excluded) went from 141 minutes in 2015 to 141 in 2024, +0%, between 125 (2021) and 165 (2018). Against the national median, Duke Energy Progress came in lower on SAIDI in 0 of 10 years, and 2024 ended at 141 minutes, +42 from the median. 2018: 3679 minutes with major events, 165 without, the widest gap of any year. Duke Energy Progress has 24 cheaper and 5 higher-priced North Carolina peers among 30 with 20,000+ homes. Next cheaper, French Broad Elec Member Corp, bills 14.78 ¢ (-0.76). Next higher-priced, Piedmont Electric Member Corp, bills 15.60 ¢ (+0.05).
Both measures lean against customers: 10.0% above the North Carolina average on price and 1.4x the national median on outage minutes (141).
Home accounts at Duke Energy Progress went from 1,107,292 in 2015 to 1,356,079 in 2024, +22.5%. Business customers paid 0.73 times the home price in 2024 (11.32 against 15.54 ¢); the ratio was 0.79 in 2015. SAIFI went from 1.41 in 2015 to 1.19 in 2024, between 1.17 and 1.41.
Outages and home price of Duke Energy Progress (EIA utility 3046), 2013 to 2024
Yearly SAIDI at Duke Energy Progress: 106 minutes in 2013, 141 in 2024, a rise of 33%. Its best year was 2013 (106 min), its worst 2018 (165 min), across 12 filed years. Against a North Carolina median of 88 minutes in 2024, Duke Energy Progress was above the middle.
Corrected for inflation, a Duke Energy Progress home paid 15.95 ¢/kWh in 2024 against 14.66 ¢ in 2013, +8.8%; the bill itself went 10.61 ¢ to 15.54 ¢ (+46.5%). A home using 1,000 kWh a month paid $1,760 for the year at the 2013 real price and $1,914 at the 2024 price. Place on home price: 6th cheapest of 66 in 2013, 45th of 52 in 2024 among North Carolina utilities with 1,000+ homes.
Duke Energy Progress outage minutes a customer, 2013 to 2024: 141 in 2024
Duke Energy Progress at 141 min in 2024 and the North Carolina median at 88.
Duke Energy Progress home price since 2013: +8.8% after inflation
Duke Energy Progress: 15.95 ¢ in 2025 dollars (solid) and 15.54 ¢ as billed (dashed) in 2024.
Duke Energy Progress, EIA utility 3046, year by year among North Carolina utilities
Duke Energy Progress 2013-2024: 12 rows
Year, Duke Energy Progre
¢ billed
¢ in 2025 $
Price place, Duke Energy Pr
SAIDI min
SAIFI
SAIDI place, Duke Energy Pr
North Carolina median SAIDI
2013
10.61
14.66
6 of 66
106
1.24
17 of 24
78
2014
10.54
14.33
6 of 66
124
1.22
18 of 22
71
2015
11.01
14.96
9 of 66
141
1.41
19 of 23
94
2016
10.78
14.46
9 of 66
153
1.30
20 of 26
92
2017
10.37
13.62
6 of 66
143
1.30
21 of 28
74
2018
11.12
14.26
10 of 66
165
1.35
24 of 29
112
2019
11.83
14.90
30 of 88
149
1.29
21 of 29
96
2020
11.53
14.35
11 of 52
147
1.36
22 of 28
78
2021
11.61
13.79
18 of 52
125
1.17
23 of 28
67
2022
12.18
13.40
21 of 52
142
1.28
21 of 29
92
2023
14.18
14.99
41 of 52
146
1.25
24 of 31
101
2024
15.54
15.95
45 of 52
141
1.19
26 of 34
88
Duke Energy Progress, EIA utility 3046: EIA-861, CPI-U.
How big is Duke Energy Progress in North Carolina, by customer accounts?
1,576,769 accounts in 2024: residential 1,356,079, commercial 217,915, industrial 2,775.
How many cents per kWh does Duke Energy Progress charge homes?
In 2024 homes paid 15.54 cents; against the North Carolina average that is +10.0%.
What are the SAIDI and SAIFI of Duke Energy Progress?
SAIDI 141.3 min and SAIFI 1.19 a year, major events excluded; ratio to the national median 1.42, CAIDI 119 min.
How many net-metered systems connect to Duke Energy Progress?
24,925 installations with 216.8 MW, of which residential installations number 24,150.
What would a typical Duke Energy Progress home pay each month?
1,006 kWh at 15.54 cents comes to about $156, energy only.
Is Duke Energy Progress cheaper than other North Carolina utilities?
Rank 25 of 30 in North Carolina on price, +10.0% against the state average; 24 charge less than 15.54 ¢.
What share of Duke Energy Progress sales do homes buy?
Homes take 43.7% of 37,472,604 MWh, commercial accounts 36.5%, industrial and other 19.8%; the 217,915 commercial accounts use 62,765 kWh each, 5.2 times a home.
At Duke Energy Progress, are smart meters in homes, with a TOU option?
1,372,477 of 1,377,745 home meters are AMI, 99.6%. Duke Energy Progress offers a home time-of-use rate; 29,622 customers use dynamic pricing, 2.18% of its homes.
Has Duke Energy Progress moved up the North Carolina price list since 2015?
4th cheapest of 26 in 2015, 25th of 30 in 2024; its price rose 41.2% while North Carolina rose 25.3%.
How does Duke Energy Progress compare with 5 similar utilities?
Place 5 of 6 on home price at 15.54 ¢ (Duke Energy group); median 13.69 ¢, cheapest member 10.83 ¢.
Did Duke Energy Progress cut or raise its 2025 home price?
15.19 cents per kWh, -2.3% on the 15.54 of 2024 (EIA early release for 2025).
Utilities with a similar home price
Home prices nearest to Duke Energy Progress at 15.54 ¢/kWh in 2024, among companies with a page here, any state.
