NewInsight: Investor-owned utilities charge 23% more for power

Electricity prices in North Carolina

What homes in North Carolina pay for electricity, from EIA.

Headlines

Average price
14.8¢ a kWh
Up 5.5% on a year ago
Average bill
$154 a month
Up 6.2% on a year ago
Average use
1,044 kWh
A month. US 875 kWh
Price rank
35 of 51
1 is the most expensive

Over the 12 months to August 2026, North Carolina homes paid 14.8¢ a kWh, against a US average of 18.0¢.

North Carolina vs the US

North CarolinaUS
Average price, 12 months to August 202614.8¢18.0¢
Price in August 202614.9¢18.2¢
Average monthly bill, 12 months$154$158
Bill in August 2026$196$209
Average monthly use1,044 kWh875 kWh
Price change, past year+5.5%+6.5%
Price change since 2019+30%+39%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month. Bills peak in summer and winter.

Up to and including August 2026

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including July 2026

Utilities in North Carolina

Past 12 months, utilities with 10,000 homes or more. These utilities serve 74% of homes in North Carolina; smaller utilities serve the rest.

Duke Energy CarolinasInvestor-owned14.0¢+2.9%$1402,002,585
Duke Energy ProgressInvestor-owned16.4¢+7.3%$1721,414,566
Brunswick Electric EMCCooperative14.7¢+5.6%$149112,509
Dominion Energy VirginiaInvestor-owned13.5¢+3.7%$175109,550
Jones-Onslow Electric EMCCooperative14.3¢+8.7%$16382,626
Fayetteville Public Works CommissionMunicipal12.6¢+4.7%$12876,193
Rutherford Electric EMCCooperative13.2¢+0.1%$15172,529

Heating fuels in North Carolina: heating oil, propane.