North Carolina residential electricity rates
For 5,067,762 North Carolina residential accounts the 2024 average price was 14.13 cents per kWh on 61.7 TWh of sales.
In 2024 North Carolina residential accounts paid 14.13 ¢/kWh, rank 34 of 51 and 14.3% below the U.S. residential price (16.48 ¢). A North Carolina account using 1,015 kWh a month pays about $143. Since 2015 the North Carolina price moved +25.3%.
North Carolina sits 0.01 ¢ under Florida, the state above, and 0.05 ¢ over Georgia, the state below. At 1,015 kWh a month, energy in North Carolina costs 27 dollars more than in North Dakota, the cheapest residential state.
How it compares
| Residential price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| North Carolina | 14.13 ¢/kWhthis state | 11.28 ¢/kWh | +25.3% | $143at 1,015 kWh |
| Florida (next above) | 14.14 ¢/kWh+0.01 ¢ against North Carolina | 11.58 ¢/kWh | +22.1% | $144at 1,015 kWh |
| Georgia (next below)Lowest in this table | 14.08 ¢/kWh-0.05 ¢ against North Carolina | 11.54 ¢/kWh | +22.0% | $143at 1,015 kWh |
Compare 48 North Carolina companies
North Carolina residential: 2025 and 2026
North Carolina residential, data to July 2026.
- North Carolina 2025 average price
- 14.02 ¢/kWh-0.8% against 2024, U.S. +5.0%
- North Carolina 2025 rank
- 35 of 51-1 places against 2024
- North Carolina January to Jul 2026
- 14.94 ¢/kWh+9.0% on Jan-Jul 2025
- North Carolina Last 12 months
- 14.77 ¢/kWhto July 2026
- North Carolina July 2026
- 15.16 ¢/kWh+13.4% against July 2025
- North Carolina 2025 costliest month
- Sep 15.12 ¢cheapest Jan 12.51 ¢, a 21% spread
- North Carolina Typical 2025 bill
- $146 a monthtop Jan $188, low Apr $112
The North Carolina residential price averaged 14.02 ¢/kWh in 2025, -0.8% on 2024: North Carolina ran 5.8 points slower than the nation. From January to July 2026 the North Carolina average is 14.94 ¢, +9.0% on 2025, 1.9 points above the U.S. change. Seasonality in North Carolina: 2025 peaked in September at 15.12 ¢ and bottomed in January at 12.51 ¢. A typical residential account in North Carolina paid about $1,755 for energy over 2025, from $112 in April to $188 in January; use per account ran 773 to 1,500 kWh a month.
North Carolina residential price by month, 2024 to Jul 2026
Price by month, North Carolina residential: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 12.84 | 12.51 | 13.68 |
| Feb | 14.88 | 14.19 | 14.64 |
| Mar | 15.34 | 14.80 | 16.00 |
| Apr | 14.72 | 14.53 | 16.25 |
| May | 13.92 | 14.32 | 15.09 |
| Jun | 13.45 | 13.38 | 14.74 |
| Jul | 13.67 | 13.37 | 15.16 |
| Aug | 13.91 | 14.60 | No data |
| Sep | 14.87 | 15.12 | No data |
| Oct | 15.23 | 15.05 | No data |
| Nov | 14.86 | 14.64 | No data |
| Dec | 13.51 | 13.47 | No data |
12 rows from EIA retail sales.
CSVWhat a typical North Carolina residential account paid each month
North Carolina residential: use per account times price, energy only.
Typical bill by month, North Carolina residential: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 188 | 185 |
| Feb | 154 | 173 |
| Mar | 128 | 133 |
| Apr | 112 | 123 |
| May | 122 | 130 |
| Jun | 155 | 166 |
| Jul | 186 | 203 |
| Aug | 167 | No data |
| Sep | 139 | No data |
| Oct | 119 | No data |
| Nov | 124 | No data |
| Dec | 161 | No data |
12 rows from EIA retail sales.
CSVNorth Carolina residential charts
Residential price, North Carolina and U.S.
North Carolina 11.28 ¢ in 2015 and 14.13 ¢ in 2024, 2.35 ¢ under the national figure.
North Carolina residential price vs U.S., 2015 to 2024: 10 rows
| Year | North Carolina residential | Gap to U.S. residential | North Carolina commercial |
|---|---|---|---|
| 2015 | 11.28 | -1.37 | 8.73 |
| 2016 | 11.03 | -1.52 | 8.62 |
| 2017 | 10.94 | -1.95 | 8.44 |
| 2018 | 11.09 | -1.78 | 8.58 |
| 2019 | 11.42 | -1.59 | 8.81 |
| 2020 | 11.38 | -1.77 | 8.69 |
| 2021 | 11.32 | -2.34 | 8.50 |
| 2022 | 11.62 | -3.42 | 8.75 |
| 2023 | 12.93 | -3.07 | 9.67 |
| 2024 | 14.13 | -2.35 | 10.56 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +11.3% in 2023; latest +9.3%.
% vs prior year
- -2.22016
- -0.82017
- +1.42018
- +3.02019
- -0.42020
- -0.52021
- +2.72022
- +11.32023
- +9.32024
Year-over-year change, North Carolina residential price: EIA retail sales.
CSVAnalyst note
The North Carolina residential price sat above the U.S. average in 0 of 10 years; the gap was -1.37 ¢ in 2015 and -2.35 ¢ in 2024. In the 2024 ranking North Carolina sits between Florida (14.14 ¢) one place above and Georgia (14.08 ¢) one place below; the top of the list is 28.73 ¢ away and the bottom 2.62 ¢. North Carolina was 34th in 2015 with 11.28 ¢ and is 34th now; no move in the table. North Carolina residential prices rose in 5 of 9 years. The largest rise was +11.3% in 2023, and the largest fall -2.2% in 2016. The North Carolina price peaked at 14.13 ¢ in 2024 and bottomed at 10.94 ¢ in 2017; 2024 is the peak and +29.2% from the low. Compounded, that is +2.53% a year in North Carolina, -0.45 points against the U.S. North Carolina buys 4.16% of all U.S. residential electricity with 3.54% of the accounts, so the average North Carolina account uses 1.18 times the national average.
A middle price: 14.13 ¢/kWh for North Carolina residential accounts, rank 34 of 51, -14.3% against the U.S. North Carolina: +25.3% over nine years, or +2.5% a year, trailing the national +30.3% by 5.0 points; 2023 was the biggest single move (+11.3%) and 2024 the high.
Last year's change in North Carolina was +9.3% and still rising. Against the commercial price of 10.56 ¢ the gap is 3.57 ¢. Residential sales are 45.1% of North Carolina electricity sold, and an average North Carolina account used 1,015 kWh a month, an implied bill near $143.
Counting revenue instead of kWh, North Carolina residential accounts bring in 54.7% of North Carolina sector revenue on 45.1% of the kWh, a premium of 9.6 points that comes from the price level: 14.13 ¢ here against 10.56 ¢ for commercial and 7.77 ¢ for industrial accounts. The average North Carolina residential account uses 1,015 kWh a month, 16 of 51 among states on that measure; a commercial account uses 5.41 times as much and a industrial account 235.50 times. Residential accounts are 86.96% of the 5,827,719 accounts in North Carolina.
Facts
- Residential price 2024
- 14.13 ¢/kWh-14.3% against U.S.
- Price in 2015
- 11.28 ¢/kWh+25.3% to 2024
- Annual change
- +2.5%-0.4 points vs U.S.
- Rank
- 34 of 5117 states cost less
- Gap to U.S.
- -2.35 ¢$23.86 a month
- Peak year
- 202414.13 ¢; 2017 low 10.94 ¢
- Sales
- 61.7 TWh45.1% of state sales
- Residential accounts
- 5,067,762478.80 per 1,000 residents
- Use per account
- 1,015 kWh/mo12,184 a year
- Implied monthly bill
- $143-$24 against U.S. rate
Data tables
North Carolina, residential: price by year
| Year | North Caroli | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 11.28 | 12.65 | No data | -1.37 | 0.892 |
| 2016 | 11.03 | 12.55 | -2.2% | -1.52 | 0.879 |
| 2017 | 10.94 | 12.89 | -0.8% | -1.95 | 0.849 |
| 2018 | 11.09 | 12.87 | +1.4% | -1.78 | 0.862 |
| 2019 | 11.42 | 13.01 | +3.0% | -1.59 | 0.878 |
| 2020 | 11.38 | 13.15 | -0.4% | -1.77 | 0.865 |
| 2021 | 11.32 | 13.66 | -0.5% | -2.34 | 0.829 |
| 2022 | 11.62 | 15.04 | +2.7% | -3.42 | 0.773 |
| 2023 | 12.93 | 16.00 | +11.3% | -3.07 | 0.808 |
| 2024 | 14.13 | 16.48 | +9.3% | -2.35 | 0.857 |
North Carolina residential: cost by use
| Monthly kWh | North Carolina cost a month | Gap to U.S. rate in North Carolina |
|---|---|---|
| 250 (0.25x the North Carolina account) | $35.33 | -$5.87 |
| 510 (0.5x the North Carolina account) | $72.06 | -$11.98 |
| 1,020 (1x the North Carolina account) | $144.13 | -$23.97 |
| 1,520 (1.5x the North Carolina account) | $214.78 | -$35.72 |
| 2,030 (2x the North Carolina account) | $286.84 | -$47.70 |
| 4,060 (4x the North Carolina account) | $573.68 | -$95.41 |
North Carolina: the three sectors measured against residential
| Sector | North Carolina price ¢/kWh | Price vs residential | North Carolina kWh per account a month | Use vs residential | North Carolina revenue share | North Carolina kWh share |
|---|---|---|---|---|---|---|
| Residential (this page) | 14.13 | 1.00x | 1,015 | 1.00x | 54.7% | 45.1% |
| Commercial | 10.56 | 0.75x | 5,495 | 5.41x | 32.8% | 36.2% |
| Industrial | 7.77 | 0.55x | 239,109 | 235.50x | 12.5% | 18.7% |
Questions on North Carolina residential
How much per kWh do North Carolina residential customers pay: 14.13 cents on average?
14.13 cents in 2024, -14.3% against the U.S. rate.
Is North Carolina cheap or costly for residential power?
34th of 51, with 17 places charging less.
What is the nine-year price trend for North Carolina residential power?
11.28 to 14.13 cents: +25.3% in total, +2.5% a year.
What is a typical monthly residential bill in North Carolina?
1,015 kWh at 14.13 cents, price times use, comes to $143.
How many residential electricity accounts does North Carolina have?
5,067,762 accounts, or 478.80 per 1,000 residents.
When were North Carolina residential prices highest since 2015?
2024 at 14.13 cents; the low was 10.94 cents in 2017.
What did North Carolina residential electricity cost in 2025?
North Carolina averaged 14.02 cents per kWh, -0.8% against 14.13 in 2024, and 35 of 51 among states.
Are North Carolina residential electricity prices rising in 2026?
North Carolina is +1.9 points against the U.S.: 14.94 cents from January to July 2026, +9.0% on 2025.
When in 2025 did North Carolina residential power cost most, September or January?
September at 15.12 cents in North Carolina; January was the lowest at 12.51, a 21% spread.
Does North Carolina residential power cost less than the national average in 2026?
3.27 cents below the national average; North Carolina 14.94 cents over January to July 2026, +9.0% on 2025.
More on North Carolina residential
- North Carolina state hub48 utilities, 551 accounts per 1,000
- North Carolina commercial rates10.56 ¢, rank 34 of 51
- North Carolina industrial rates7.77 ¢, rank 32 of 51