Electric companies in Franklin County, North Carolina
Franklin County, NC ranks 9th of 100 North Carolina counties for the highest yearly electricity cost per home ($1,862). Franklin County, NC has 71,962 residents. Franklin County, NC: 2 utilities listed by EIA. Franklin County, NC: home electricity prices of 13.42 to 15.54 cents per kWh.
Franklin County, NC on the map
Franklin County, NC darker: more storm events
Cost of living with electricity in Franklin County, NC
Franklin County, NC: electricity $1,862 a year per home (DOE LEAD), all home energy $2,392, 2.9% of $81,582 income. 26,473 households in Franklin County, NC spend about $49.3 million a year on electricity and $63.3 million on all home energy. Lower-income homes in Franklin County, NC ($21,629 a year) spend 10.4% of income, 3.6 times the all-home figure.
Energy burden in Franklin County, NC
| Franklin County, NC | Homes | Income | Power | Gas | Other | Burden |
|---|---|---|---|---|---|---|
| Franklin County, NC, all households | 26,473 | $81,582 | $1,862 | $483 | $47 | 2.9% |
| Franklin County, NC, lower income | 6,819 | $21,629 | $1,813 | $373 | $66 | 10.4% |
| Franklin County, NC, owners | 20,441 | $92,691 | $1,905 | $566 | $48 | 2.7% |
| Franklin County, NC, renters | 6,032 | $43,938 | $1,716 | $203 | $43 | 4.5% |
Electric utilities in Franklin County, NC
| Utility listed for Franklin County, NC | Type | Home price ¢/kWh | Yearly bill at 1,015 kWh | Share of Franklin County, NC median income of $71,386 |
|---|---|---|---|---|
| Wake Electric Membership Corp in Franklin County, NC | Cooperative | 13.42 | $1,636 | 2.29% |
| Duke Energy Progress in Franklin County, NC | Investor Owned | 15.54 | $1,894 | 2.65% |
Prices are statewide utility averages, not a county price.
Facts about Franklin County, NC
- Residents of Franklin County, NC, ACS 2023
- 71,96237 of 100 North Carolina counties
- Households in Franklin County, NC
- 27,4422.62 people each
- Owner-occupied homes in Franklin County, NC
- 78.1%21,438 owner and 6,004 renter households
- Median household income in Franklin County, NC
- $71,38619 of 100 North Carolina counties
- Housing units in Franklin County, NC
- 30,7903,348 vacant or seasonal, 10.9% of the units
- Homes heated by electricity in Franklin County, NC
- 72.2%19,816 homes, 40 of 100 North Carolina counties
- Utilities listed for Franklin County, NC
- 22 with a home price: Wake Electric Membership Corp, Duke Energy Progress
- Lowest home price in Franklin County, NC
- 13.42 ¢/kWhWake Electric Membership Corp, 13.6% below the highest
- Highest home price in Franklin County, NC
- 15.54 ¢/kWhDuke Energy Progress
- Monthly bill gap in Franklin County, NC
- $21between the two at 1,015 kWh, $258 a year, 0.36% of the Franklin County, NC median income
- ZIP areas touching Franklin County, NC
- 827508 to 27882
- Outage-linked storm events in Franklin County, NC
- 124NWS storm events, 2015 to 2025
- Homes built before 1980 in Franklin County, NC
- 25.5%median year built 1995
- Home energy burden in Franklin County, NC
- 2.9%$1,862 a year on electricity (DOE LEAD)
Electricity price since 2015 in Franklin County, NC
Duke Energy Progress charged Franklin County, NC homes 11.01 ¢/kWh in 2015. Franklin County, NC: 15.54 ¢ in 2024, 41% up. Franklin County, NC: against 25% up for the North Carolina average.
Franklin County, NC: a 1,015 kWh month at that price. Franklin County, NC: $112 in 2015, $158 in 2024. Franklin County, NC: $1,894 a year, 2.7% of the $71,386 median income.
Franklin: 10 yearly prices
| Year | Duke Energy Progress, Franklin County, NC | Franklin: Gap to North Carolina average | Franklin: Gap to U.S. average |
|---|---|---|---|
| 2015, Franklin | 11.01 | -0.27 | -1.64 |
| 2016, Franklin | 10.78 | -0.25 | -1.77 |
| 2017, Franklin | 10.37 | -0.57 | -2.52 |
| 2018, Franklin | 11.12 | +0.03 | -1.75 |
| 2019, Franklin | 11.83 | +0.41 | -1.18 |
| 2020, Franklin | 11.53 | +0.15 | -1.62 |
| 2021, Franklin | 11.61 | +0.29 | -2.05 |
| 2022, Franklin | 12.18 | +0.56 | -2.86 |
| 2023, Franklin | 14.18 | +1.25 | -1.82 |
| 2024, Franklin | 15.54 | +1.41 | -0.94 |
Franklin County, NC: EIA-861 home prices, 2015 to 2024, not a Franklin County, NC price.
CSVHousing and heating in Franklin County, NC
Franklin County, NC: 7,851 of 30,790 homes were built before 1980 and 12,278 in 2000 or later. Franklin County, NC has 22,081 detached houses, 821 homes in 5+ unit buildings, 7,224 mobile homes, and 6,004 of 27,442 households rent.
Age of homes in Franklin County, NC
% of homes by decade built, Franklin County, NC
- 6pre-40
- 340s
- 550s
- 560s
- 770s
- 1580s
- 2090s
- 2000s
- 1510s
- 420+
Heating fuel in Franklin County, NC
| Franklin County, NC | Value | State median | Gap | Rank (1 = highest) |
|---|---|---|---|---|
| Franklin County, NC, median year built | 1995 | 1985 | +10 years | 15 of 100 |
| Franklin County, NC, built before 1980 | 25.5% | 42.0% | -16.5 points | 89 of 100 |
| Franklin County, NC, built 2000 or later | 39.9% | 24.6% | +15.2 points | 15 of 100 |
| Franklin County, NC, detached houses | 71.7% | 69.0% | +2.7 points | 31 of 100 |
| Franklin County, NC, apartments in 5+ unit buildings | 2.7% | 4.2% | -1.5 points | 78 of 100 |
| Franklin County, NC, mobile homes | 23.5% | 17.7% | +5.8 points | 28 of 100 |
| Franklin County, NC, renter households | 21.9% | 27.2% | -5.4 points | 82 of 100 |
| Franklin County, NC, median home value | $240,900 | $205,300 | +$35,600 | 28 of 100 |
| Franklin County, NC, median gross rent a month | $988 | $860 | +$128 | 37 of 100 |
| Franklin County, NC, people per household | 2.57 | 2.41 | +0.16 | 16 of 100 |
Outage risk in Franklin County, NC
Franklin County, NC, NWS storm events 2015 to 2025: 124 in all, 172.3 per 100,000 residents of 71,962, rank 27 of 100 North Carolina counties. Property damage in Franklin County, NC: $5.1M, with 1 direct injuries or deaths.
Events by year in Franklin County, NC
events a year, Franklin County, NC
- 6'15
- 18'16
- 7'17
- 7'18
- 10'19
- 8'20
- 2'21
- 18'22
- 10'23
- 16'24
- 22'25
Events by type
| Franklin County, NC | FEMA | Score | Rank | Events | Peak | Damage |
|---|---|---|---|---|---|---|
| Franklin County, NC, thunderstorm and high wind | Relatively Moderate | 57.3 | 47 of 100 | 101 | 2016 (17) | $2.7M |
| Franklin County, NC, tornado | Relatively Moderate | 70.8 | 49 of 100 | 3 | 2024 (3) | $100K |
| Franklin County, NC, hurricane and tropical storm | Relatively Low | 74.6 | 64 of 100 | 4 | 2018 (2) | $1.8M |
| Franklin County, NC, ice storm | Relatively Low | 43.3 | 79 of 100 | 0 | none | $0 |
| Franklin County, NC, winter storm and heavy snow | Relatively High | 88.3 | 22 of 100 | 11 | 2015 (2) | $500K |
| Franklin County, NC, heat wave | Relatively Low | 67.7 | 37 of 100 | 5 | 2025 (5) | $0 |
Flood claims and flood insurance in Franklin County, NC
Franklin County, NC has fewer than 5 NFIP flood claims with a loss date in 2015 to 2025, so FEMA counts are hidden.
86 of 28,214 residential structures in Franklin County, NC carry an NFIP contract. 89 NFIP policies of any type were in force in Franklin County, NC on 8 Sep 2026. Franklin County, NC lists 5 repetitive-loss properties.
Franklin County, NC: claims history, not an outage count.
| Franklin County, NC | Value | Median county | Rank (1 = highest) |
|---|---|---|---|
| Franklin County, NC, claims 2015-2025 | <5 | — | — |
| Franklin County, NC, paid 2015-2025 | <5 | — | — |
| Franklin County, NC, median paid claim | <5 | — | — |
| Franklin County, NC, homes with flood insurance | 0.3% | 0.8% | 78 of 100 |
| Franklin County, NC, policies in force | 89 | — | — |
| Franklin County, NC, repetitive-loss properties | 5 | — | — |
Franklin County, NC: OpenFEMA NFIP, claims as of 8 Sep 2026, insured share as of 3 Aug 2026; counts under 5 are hidden.
Franklin County, NC: flood claims by state, flood hub.
Climate and electric heating in Franklin County, NC
Franklin County, NC totals 3,460 heating degree days and 1,483 cooling degree days a year (1991-2020 normal).
For heating, Franklin County, NC is the 42nd coldest of 100 counties in North Carolina: 3,460 against a median of 3,342. For cooling, Franklin County, NC is the 55th hottest: 1,483 against a median of 1,516.
Franklin County, NC is mild both ways, with neither season past 3,460 degree days.
Franklin County, NC averaged 3,154 heating degree days in 2016-2025 against a 3,460 normal, 9% fewer.
Franklin County, NC: electricity heats 72.2% of 27,442 homes; the winter totals 3,460 heating degree days.
| Franklin County, NC | Value | NC median county | Franklin County, NC, rank (1 = highest) |
|---|---|---|---|
| Franklin County, NC, heating degree days, 1991-2020 normal | 3,460 | 3,342 | 42 of 100 |
| Franklin County, NC, heating degree days, 2016-2025 mean | 3,154 | 3,046 | 46 of 100 |
| Franklin County, NC, cooling degree days, 1991-2020 normal | 1,483 | 1,516 | 55 of 100 |
| Franklin County, NC, cooling degree days, 2016-2025 mean | 1,634 | 1,656 | 54 of 100 |
| Franklin County, NC, electric heating, ACS 2019-2023 | 72.2% | 69.0% | 40 of 100 |
Franklin County, NC: ACS B25040, 27,442 homes; NOAA nClimDiv, retrieved 7 Oct 2026.
Analyst note on Franklin County, NC
Franklin County, NC counts 71,962 residents in 27,442 households. Household income in Franklin County, NC is $71,386; 21,438 of its 27,442 households own. Franklin County, NC touches 8 ZIP areas, 27508 to 27882, about 8,995 residents each.
19,816 of the 27,442 homes in Franklin County, NC heat with electricity. Franklin County, NC has 30,790 housing units, 3,348 (10.9%) vacant or seasonal, and 6,004 rented homes. Franklin County, NC logged 124 storm events for its 71,962 residents.
The median home in Franklin County, NC dates from 1995. Homes in Franklin County, NC pay $1,862 a year for electricity. Franklin County, NC home electricity prices run Wake Electric Membership Corp to Duke Energy Progress, $21 a month apart at 1,015 kWh.
Bill and heat pump calculator, Franklin County, NC
Compare Franklin County, NC with its neighbours
- Vance County sits 19 miles north of Franklin County, NC, with 42,361 residents against 71,962 there, 64 storm events against 124, median home built 1981 against 1995, energy burden 3.4% against 2.9%, income $46,943 against $71,386.
- Nash County sits 21 miles east of Franklin County, NC, with 95,451 residents against 71,962 there, 126 storm events against 124, median home built 1985 against 1995, energy burden 3.2% against 2.9%, income $60,704 against $71,386.
- Warren County sits 27 miles northeast of Franklin County, NC, with 18,751 residents against 71,962 there, 84 storm events against 124, median home built 1987 against 1995, energy burden 4.0% against 2.9%, income $45,279 against $71,386.
- Granville County sits 25 miles northwest of Franklin County, NC, with 61,439 residents against 71,962 there, 83 storm events against 124, median home built 1990 against 1995, energy burden 2.7% against 2.9%, income $70,975 against $71,386.
- Wake County sits 25 miles southwest of Franklin County, NC, with 1,151,009 residents against 71,962 there, 367 storm events against 124, median home built 1999 against 1995, energy burden 1.4% against 2.9%, income $101,763 against $71,386.
ZIP codes in Franklin County, NC
- 27508
- 27525
- 27544
- 27549
- 27596
- 27597
- 27816
- 27882
North Carolina: home prices since 2001, planned plants.
Questions on Franklin County, NC
Franklin County, NC: what do homes pay for electricity?
Franklin County, NC homes paid 13.42 to 15.54 cents per kWh in 2024 across 2 listed utilities: $136 to $158 a month at 1,015 kWh, 2.29% to 2.65% of Franklin County, NC income.
Franklin County, NC: how many homes heat with electricity?
Franklin County, NC: 19,816 of 27,442 occupied homes, 72.2%, rank 40 of 100.
Franklin County, NC: median household income?
$71,386 in Franklin County, NC, rank 19 of 100; 71,962 residents, 27,442 households.
Franklin County, NC: outage-linked storms since 2015?
Franklin County, NC: 124 NWS events, peak year 2025.
How old are the homes in Franklin County, NC?
Franklin County, NC: median home built 1995; 25.5% predate 1980, 71.7% detached, 2.7% in 5+ unit buildings.
Franklin County, NC: share of income for energy?
Franklin County, NC homes spend $1,862 a year on electricity, $2,392 on all energy: 2.9% of $81,582; 10.4% for lower incomes.