North Carolina · Investor Owned
Duke Energy Carolinas, LLC Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 13.94¢
- Avg residential price / kWh
- 1.9M
- Residential customers
- -1.5%
- vs North Carolina average
- $1,646
- Implied avg annual bill
Duke Energy Carolinas, LLC charged an average of 13.94¢ per kWh to residential customers in 2024 - close to the North Carolina average and below the US average.
Duke Energy Carolinas, LLC is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the North Carolina customer-weighted average (-1.5%). Its customers used above the national residential norm at about 11,808 kWh a year each.
How this price compares
Ranked by price against the 55 utilities reporting residential rates in North Carolina, Duke Energy Carolinas, LLC comes 36th of 55. The state's range runs from Town of Apex- (NC) at 10.52¢ to Roanoke Electric Member Corp at 21.14¢, so where a household sits inside North Carolina depends far more on which utility serves it than on the statewide average alone.
Against the 2 other investor owned utilities reporting in North Carolina, which averaged 14.74¢, Duke Energy Carolinas, LLC is close to its own ownership class within the state (-5.4%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 55 reporting utilities.
Where Duke Energy Carolinas, LLC sits among North Carolina utilities
2024 average residential price across the 55 utilities reporting a rate in North Carolina
13.94¢/kWh 35th affordability percentile More affordable than 35% of 54 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Duke Energy Carolinas, LLC | 13.94¢ | - |
| North Carolina (customer-weighted, 55 utilities) | 14.15¢ | -1.5% |
| United States average | 16.48¢ | -15.4% |
| Investor Owned utilities nationally (183) | 17.36¢ | -19.7% |
Rate against consumption: North Carolina utilities
Scale and consumption
Duke Energy Carolinas, LLC reported 1.9M residential customers, ranking 1st of 55 utilities in North Carolina by customers served and covering 38.9% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 11,808 kWh per customer per year - above the national residential norm, implying a typical annual bill near $1,646.
Within North Carolina the median reporting utility sells about 12,306 kWh per customer, so Duke Energy Carolinas, LLC customers use -4.0% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.
Every utility reporting in North Carolina
All 55 utilities reporting bundled residential service in North Carolina, largest first, with Duke Energy Carolinas, LLC marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Duke Energy Carolinas, LLC (this page) | Investor Owned | 1.9M | 13.94¢ |
| Duke Energy Progress - (NC) | Investor Owned | 1.4M | 15.54¢ |
| EnergyUnited Elec Member Corp | Cooperative | 122.0K | 11.54¢ |
| Virginia Electric & Power Co | Investor Owned | 108.7K | 13.93¢ |
| Brunswick Electric Member Corp | Cooperative | 105.6K | 13.66¢ |
| Union Electric Membership Corp - (NC) | Cooperative | 84.6K | 13.37¢ |
| Jones-Onslow Elec Member Corp | Cooperative | 79.7K | 13.09¢ |
| Fayetteville Public Works Commission | Municipal | 76.0K | 12.21¢ |
| Blue Ridge Elec Member Corp - (NC) | Cooperative | 71.9K | 14.59¢ |
| Rutherford Elec Member Corp | Cooperative | 70.7K | 13.13¢ |
| Greenville Utilities Comm | Municipal | 65.7K | 11.97¢ |
| Lumbee River Elec Member Corp | Cooperative | 64.4K | 12.81¢ |
| Wake Electric Membership Corp | Cooperative | 53.3K | 13.42¢ |
| South River Elec Member Corp | Cooperative | 45.7K | 13.30¢ |
| Carteret-Craven El Member Corp | Cooperative | 38.9K | 12.15¢ |
| Town of High Point | Municipal | 38.1K | 11.63¢ |
| French Broad Elec Member Corp | Cooperative | 36.1K | 14.78¢ |
| City of Wilson - (NC) | Municipal | 32.1K | 12.13¢ |
| Randolph Electric Member Corp | Cooperative | 31.1K | 15.91¢ |
| Four County Elec Member Corp | Cooperative | 30.8K | 13.98¢ |
| Piedmont Electric Member Corp | Cooperative | 30.3K | 15.60¢ |
| City of Concord - (NC) | Municipal | 29.9K | 11.84¢ |
| Town of Apex- (NC) | Municipal | 29.3K | 10.52¢ |
| Haywood Electric Member Corp | Cooperative | 29.1K | 16.60¢ |
| Surry-Yadkin Elec Member Corp | Cooperative | 28.1K | 16.06¢ |
| City of Gastonia - (NC) | Municipal | 27.0K | 12.40¢ |
| City of Rocky Mount - (NC) | Municipal | 25.4K | 12.18¢ |
| Tri-County Elec Member Corp (NC) | Cooperative | 22.5K | 12.76¢ |
| Central Electric Membership Corp. - (NC) | Cooperative | 22.1K | 14.34¢ |
| Tideland Electric Member Corp | Cooperative | 21.6K | 16.18¢ |
| City of New Bern - (NC) | Municipal | 21.2K | 12.65¢ |
| Pee Dee Electric Member Corp | Cooperative | 19.4K | 14.77¢ |
| City of Lexington - (NC) | Municipal | 18.1K | 11.75¢ |
| Blue Ridge Mountain EMC - (GA) | Cooperative | 15.9K | 14.05¢ |
| Mountain Electric Coop, Inc | Cooperative | 15.5K | 12.51¢ |
| Albemarle Electric Member Corp | Cooperative | 12.7K | 14.47¢ |
| City of Statesville - (NC) | Municipal | 12.1K | 11.71¢ |
| Roanoke Electric Member Corp | Cooperative | 12.0K | 21.14¢ |
| City of Washington - (NC) | Municipal | 11.5K | 13.01¢ |
| City of Elizabeth City - (NC) | Municipal | 11.4K | 11.76¢ |
| City of Albemarle - (NC) | Municipal | 11.2K | 10.85¢ |
| Edgecombe-Martin County E M C | Cooperative | 10.7K | 16.06¢ |
| City of Monroe - (NC) | Municipal | 10.5K | 12.28¢ |
| City of Kinston - (NC) | Municipal | 10.0K | 13.07¢ |
| City of Lumberton - (NC) | Municipal | 10.0K | 13.83¢ |
| Town of Huntersville - (NC) | Municipal | 8.1K | 12.12¢ |
| New River Light & Power Co | State | 7.2K | 12.45¢ |
| City of Morganton - (NC) | Municipal | 7.1K | 10.67¢ |
| Town of Tarboro - (NC) | Municipal | 5.6K | 13.56¢ |
| Town of Murphy - (NC) | Municipal | 3.7K | 12.85¢ |
| Tri-State Electric Member Corp | Cooperative | 1.6K | 14.68¢ |
| Broad River Electric Coop, Inc | Cooperative | 482 | 15.62¢ |
| Mecklenburg Electric Cooperative | Cooperative | 135 | 14.40¢ |
| York Electric Coop Inc | Cooperative | 15 | 12.35¢ |
| Palmetto Solar, LLC | Behind the Meter | 10 | 15.61¢ |
For generation mix and price history statewide, see electricity rates in North Carolina.
Common questions about Duke Energy Carolinas, LLC rates
- How much does Duke Energy Carolinas, LLC charge per kWh?
- Duke Energy Carolinas, LLC reported an average residential price of 13.94¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Duke Energy Carolinas, LLC expensive compared with the rest of North Carolina?
- Its average residential price is close to the North Carolina customer-weighted average of 14.15¢ per kWh, a difference of -1.5%. The state figure is weighted by customers across the 55 utilities reporting residential service in North Carolina.
- What is the average electricity bill for Duke Energy Carolinas, LLC customers?
- Dividing reported residential sales by residential customers gives about 11,808 kWh per customer per year. At the reported average price that implies roughly $1,646 a year, or about $137 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Duke Energy Carolinas, LLC?
- EIA classifies Duke Energy Carolinas, LLC as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.