North Carolina Electricity Rates 2026 — Cost per kWh & Savings
The average electricity rate in North Carolina (NC) is $0.1287/kWh, ranking #12 among US states. The average monthly bill is $124 for 963 kWh of usage.
Calculate Your North Carolina Electric Bill
Electricity Savings Tips for North Carolina
North Carolina is one of the top solar states in the US by installed capacity. Duke Energy offers net metering and a solar rebate program. The state eliminated its 35% solar tax credit in 2016 but solar remains cost-effective due to good sun and moderate rates.
Primary Utility: Duke Energy
North Carolina has a regulated electricity market served primarily by Duke Energy. Rates are set by the state public utility commission and cannot be changed by shopping for providers. Focus on reducing usage and investing in efficiency improvements to lower your bill.
Solar Energy in North Carolina
North Carolina receives an average of 4.8 peak sun hours per day. While not the sunniest state, solar panels still produce meaningful energy here. At $0.13/kWh, a solar system that produces 8410 kWh/year saves approximately $1082/year. With the 30% federal tax credit, typical payback is 8-12 years.