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

Duke Energy Progress electricity rates

What homes pay Duke Energy Progress for electricity, from EIA.

Investor-owned utility, 144,744 homes in South Carolina. EIA lists it as Duke Energy Progress - (NC).

Headlines

Average price
15.0¢ a kWh
Up 5.5% on a year ago
Average bill
$183 a month
Up 8.3% on a year ago
Average use
1,214 kWh
A month. South Carolina 1,069 kWh
Price rank in South Carolina
4 of 6
1 is the most expensive

Over the 12 months to August 2026, Duke Energy Progress homes paid 15.0¢ a kWh, against 15.8¢ across South Carolina.

Duke Energy Progress vs South Carolina

Duke Energy ProgressSouth Carolina
Average price, 12 months to August 202615.0¢15.8¢
Price in August 202616.0¢15.8¢
Average monthly bill, 12 months$183$169
Bill in August 2026$232$226
Average monthly use1,214 kWh1,069 kWh
Price change, past year+5.5%+5.5%
Price change since 2019+22%+21%

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.

Up to and including August 2026