Is electricity getting more expensive in North Carolina?
North Carolina homes pay 5% less than in 2001 once inflation is removed. North Carolina paid 8.12 ¢ per kWh in 2001 (14.76 ¢ in today's money) and 14.02 ¢ in 2025: +72.7% printed, −5.0% real. Rank 6th of 51 (1 = biggest real fall).
North Carolina price since 2001
North Carolina cents per kWh by year, 2001 to 2025: 25 rows
| Year | North Carolina, 2025 dollars | North Carolina, as printed |
|---|---|---|
| 2001 | 14.76 | 8.12 |
| 2002 | 14.66 | 8.19 |
| 2003 | 14.56 | 8.32 |
| 2004 | 14.40 | 8.45 |
| 2005 | 14.26 | 8.65 |
| 2006 | 14.56 | 9.12 |
| 2007 | 14.60 | 9.40 |
| 2008 | 14.24 | 9.52 |
| 2009 | 14.99 | 9.99 |
| 2010 | 14.94 | 10.12 |
| 2011 | 14.68 | 10.26 |
| 2012 | 15.30 | 10.91 |
| 2013 | 15.16 | 10.97 |
| 2014 | 15.10 | 11.10 |
| 2015 | 15.32 | 11.28 |
| 2016 | 14.80 | 11.03 |
| 2017 | 14.37 | 10.94 |
| 2018 | 14.22 | 11.09 |
| 2019 | 14.38 | 11.42 |
| 2020 | 14.16 | 11.38 |
| 2021 | 13.45 | 11.32 |
| 2022 | 12.78 | 11.62 |
| 2023 | 13.66 | 12.93 |
| 2024 | 14.50 | 14.13 |
| 2025 | 14.02 | 14.02 |
25 rows from EIA, BLS.
CSV| Year | North Carolina as printed | North Carolina in 2025 dollars | North Carolina real change on the row above | North Carolina against U.S. real price |
|---|---|---|---|---|
| 2001 | 8.12 ¢ | 14.76 ¢ | start | −5.4% |
| 2006 | 9.12 ¢ | 14.56 ¢ | −1.4% | −12.3% |
| 2011 | 10.26 ¢ | 14.68 ¢ | +0.8% | −12.5% |
| 2016 | 11.03 ¢ | 14.80 ¢ | +0.8% | −12.1% |
| 2021 | 11.32 ¢ | 13.45 ¢ | −9.1% | −17.1% |
| 2025 | 14.02 ¢ | 14.02 ¢ | +4.2% | −19.0% |
What would your North Carolina bill have been?
Try your own North Carolina bill
- 2010: 14.94 ¢ (2025 dollars), $154 a month for 1,034 kWh. 2025: 14.02 ¢, $145. $10 less a month, $114 a year.
- Scenario at +2.2% a year: 15.63 ¢ and $162 a month in 2030. Not a forecast.
What the North Carolina numbers say
North Carolina's biggest one-year real jump came in 2023 (+6.9%) and its biggest drop in 2021 (−5.0%); the North Carolina price fell in 16 of 24 yearly steps. North Carolina's real price last stood above today's 14.02 ¢ in 2024, at 14.50 ¢.
From 2019 to 2025 the North Carolina real price moved −2.5%, from 14.38 ¢ to 14.02 ¢ in 2025 dollars, so the recent years changed little. North Carolina sat 5.4% below the U.S. average in 2001 (14.76 ¢ against 15.60 ¢); North Carolina is 19.0% below it in 2025 (14.02 ¢ against 17.30 ¢).
Per year, North Carolina moved −0.21% real and +2.30% printed over 24 years, against +0.43% real for the nation.
North Carolina key numbers
| Measure | North Carolina |
|---|---|
| North Carolina 2001 price, as printed | 8.12 ¢ |
| North Carolina 2001 price in 2025 dollars | 14.76 ¢ |
| North Carolina 2025 price, preliminary | 14.02 ¢ |
| North Carolina change as printed | +72.7% |
| North Carolina change after inflation | −5.0% |
| North Carolina real change since 2019 | −2.5% |
| North Carolina real change since 2021 | +4.2% |
| North Carolina highest real price (2015) | 15.32 ¢ |
| North Carolina lowest real price (2022) | 12.78 ¢ |
| North Carolina real change per year | −0.21% |
North Carolina against its neighbors
North Carolina: −5.0% real since 2001. States bordering: Georgia +5.0% (10.0 points above North Carolina); South Carolina +7.0% (12.0 points above North Carolina); Tennessee +14.7% (19.7 points above North Carolina); Virginia +7.9% (12.9 points above North Carolina).
Sources
EIA state data and EIA-861 give the North Carolina prices; BLS CPI-U gives the inflation factor for North Carolina. Retrieved 5 Oct 2026. Method. CSV for every state, North Carolina included
More on North Carolina
Questions
Is electricity getting more expensive in North Carolina?
The North Carolina home price went from 8.12 ¢ per kWh in 2001 to 14.02 ¢ in 2025 as printed (+72.7%). After inflation North Carolina changed −5.0%, against +10.9% for the U.S.
What is the North Carolina home electricity price in 2025 dollars?
North Carolina paid 14.76 ¢ per kWh in 2001 (in 2025 dollars) and 14.02 ¢ in 2025. The North Carolina series low is 12.78 ¢ (2022) and the high is 15.32 ¢ (2015).
North Carolina: how does it rank on electricity prices against inflation?
North Carolina ranks 6th of 51 on the real change since 2001 (−5.0%), and 18th on the change since 2019 (−2.5%).
North Carolina homes in 2025 against 2019: how much more?
North Carolina went from 11.42 ¢ to 14.02 ¢ as printed (+22.8%), and from 14.38 ¢ to 14.02 ¢ in 2025 dollars (−2.5%).