South Carolina · Investor Owned · investor
Duke Energy Progress - (NC) Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 14.88¢
- Avg residential price / kWh
- 143.7K
- Residential customers
- +5.0%
- vs South Carolina average
- $2,046
- Implied avg annual bill
Among 194 utilities with 100,000 or more residential customers, Duke Energy Progress - (NC) ranks #95 by average cents per kWh and #146 by residential customers. Duke Energy Progress - (NC) charged an average of 14.88¢ per kWh to residential customers in 2024 - close to the South Carolina average and below the Form 861 US customer-weighted average.
San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Duke Energy Progress - (NC) 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 South Carolina customer-weighted average (+5.0%). Its customers used above the national residential norm at about 13,754 kWh a year each.
- San Diego Gas & Electric Co 43.63¢ · customers rank #90
- Florida Power & Light Co 5,236,277 customers · price rank #122
Highest average rate is not the most customers
Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.
EIA Form 861 utility filing desk
Release SC-2024 · Duke Energy Progress - (NC) ABOVE STATE
Duke Energy Progress - (NC) · Form 861 2024 · ABOVE STATE
- RATE 14.88¢/kWh
- RANK #18/31
- VS-ST +5.0%
- VS-US -13.1%
- CUST 144k
- BILL $2,046
- OWN IOU
- PHOTO VA 0.01¢
- BOOK 146/194
Nearest Form 861 price peer: Rappahannock Electric Coop (VA) (+0.01¢ gap)
EIA Form 861 residential filing stamps for this utility record. Read with this utility → · South Carolina rates
Duke Energy Progress - (NC) in the Form 861 price neighbourhood
Average residential ¢/kWh among this utility and nearest indexable peers
- MD
Southern Maryland Elec Coop Inc
15 ¢/kWh
- OH
South Central Power Company
15 ¢/kWh
- this util
Duke Energy Progress - (NC)
15 ¢/kWh
- VA
Rappahannock Electric Coop
15 ¢/kWh
- SC
Berkeley Electric Coop Inc
15 ¢/kWh
What this shows Duke Energy Progress - (NC) reports 14.88¢/kWh, corpus customer-rank 146 of 194.
RateWatt cost context
How Duke Energy Progress - (NC) compares on reported cost context
A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in South Carolina; the state generation context is shown separately.
- Price against state peers
- 43/100
- Implied annual bill against state peers
- 20/100
- State renewable generation context
- 6/100
14.88¢/kWh · median 14.66¢/kWh
$2,046/yr · median $1,873/yr
6.2% · median 22.8%
Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.
Rate comparison
How this price compares
Ranked by price against the 31 utilities reporting residential rates in South Carolina, Duke Energy Progress - (NC) comes 18th of 31. The state's range runs from Greenwood CPW at 9.04¢ to Sunnova at 23.13¢, so where a household sits inside South Carolina depends far more on which utility serves it than on the statewide average alone.
Against the 3 other investor owned utilities reporting in South Carolina, whose customer-weighted average is 14.31¢, Duke Energy Progress - (NC) is close to its own ownership class within the state (+3.9%).
State price distribution
Where Duke Energy Progress - (NC) sits among South Carolina utilities
2024 average residential price across the 31 utilities reporting a rate in South Carolina
14.88¢/kWh 43rd affordability percentile More affordable than 43% of 30 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 Progress - (NC) | 14.88¢ | - |
| South Carolina (customer-weighted, 31 utilities) | 14.17¢ | +5.0% |
| US Form 861 customer-weighted average (1.5K utilities) | 17.11¢ | -13.1% |
| Investor Owned customer-weighted US avg (183 utilities) | 18.37¢ | -19.0% |
Rate against consumption: South Carolina utilities
Territory and usage
Scale and consumption
Duke Energy Progress - (NC) reported 143.7K residential customers, ranking 4th of 31 utilities in South Carolina by customers served and covering 5.7% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 13,754 kWh per customer per year - +8.1% against the South Carolina median of 12,722 kWh , implying a typical annual bill near $2,046.
State peers
Every utility reporting in South Carolina
All 31 utilities reporting bundled residential service in South Carolina, largest first, with Duke Energy Progress - (NC) 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 |
|---|---|---|---|
| Dominion Energy South Carolina, Inc | Investor Owned | 696.4K | 14.59¢ |
| Duke Energy Carolinas, LLC | Investor Owned | 568.6K | 13.99¢ |
| South Carolina Public Service Authority | State | 185.5K | 11.38¢ |
| Duke Energy Progress - (NC) (this page) | Investor Owned | 143.7K | 14.88¢ |
| Berkeley Electric Coop Inc | Cooperative | 115.1K | 14.93¢ |
| Horry Electric Coop Inc | Cooperative | 86.7K | 13.23¢ |
| Palmetto Electric Coop Inc | Cooperative | 68.3K | 12.79¢ |
| Blue Ridge Electric Coop Inc - (SC) | Cooperative | 67.6K | 18.94¢ |
| York Electric Coop Inc | Cooperative | 65.2K | 12.65¢ |
| Laurens Electric Coop, Inc | Cooperative | 58.4K | 14.66¢ |
| Mid-Carolina Electric Coop Inc | Cooperative | 56.5K | 14.88¢ |
| Aiken Electric Coop Inc | Cooperative | 49.5K | 15.53¢ |
| City of Rock Hill - (SC) | Municipal | 36.5K | 12.55¢ |
| Santee Electric Coop, Inc | Cooperative | 35.2K | 14.74¢ |
| Fairfield Electric Coop, Inc | Cooperative | 32.4K | 14.35¢ |
| MPD Electric Cooperative | Cooperative | 31.9K | 10.94¢ |
| Black River Electric Coop, Inc - (SC) | Cooperative | 30.6K | 13.47¢ |
| Greer Commission of Public Wks | Municipal | 24.9K | 11.80¢ |
| Broad River Electric Coop, Inc | Cooperative | 23.1K | 15.91¢ |
| Lynches River Elec Coop, Inc | Cooperative | 21.4K | 15.71¢ |
| City of Orangeburg - (SC) | Municipal | 20.6K | 15.49¢ |
| Tri-County Electric Coop, Inc (SC) | Cooperative | 17.7K | 18.51¢ |
| Easley Combined Utility System | Municipal | 15.8K | 12.81¢ |
| Edisto Electric Coop, Inc | Cooperative | 15.4K | 16.40¢ |
| Newberry Electric Coop, Inc | Cooperative | 13.0K | 16.32¢ |
| Greenwood CPW | Municipal | 11.8K | 9.04¢ |
| Sunrun Inc. | Behind the Meter | 7.4K | 17.13¢ |
| City of Gaffney - (SC) | Municipal | 6.3K | 12.39¢ |
| Lockhart Power Co | Investor Owned | 5.0K | 13.42¢ |
| Sunnova | Behind the Meter | 298 | 23.13¢ |
| Haywood Electric Member Corp | Cooperative | 9 | 18.97¢ |
For generation mix and price history statewide, see electricity rates in South Carolina.
Ownership class peers
Investor Owned utilities with similar residential prices
Beyond South Carolina, these indexable investor owned utilities report the closest residential averages to Duke Energy Progress - (NC) in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.
| Utility | State | Customers | Avg ¢/kWh |
|---|---|---|---|
| Empire District Electric Co | Missouri | 142.5K | 14.99¢ |
| Duke Energy Ohio Inc | Ohio | 294.1K | 15.00¢ |
| Public Service Co of Colorado | Colorado | 1.4M | 15.05¢ |
| Kentucky Power Co | Kentucky | 130.9K | 15.07¢ |
| Tampa Electric Co | Florida | 757.3K | 14.67¢ |
FAQ
Common questions about Duke Energy Progress - (NC) rates
- How much does Duke Energy Progress - (NC) charge per kWh?
- Duke Energy Progress - (NC) reported an average residential price of 14.88¢ 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 Progress - (NC) expensive compared with the rest of South Carolina?
- Its average residential price is close to the South Carolina customer-weighted average of 14.17¢ per kWh, a difference of +5.0%. The state figure is weighted by customers across the 31 utilities reporting residential service in South Carolina.
- What is the average electricity bill for Duke Energy Progress - (NC) customers?
- Dividing reported residential sales by residential customers gives about 13,754 kWh per customer per year. At the reported average price that implies roughly $2,046 a year, or about $171 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Duke Energy Progress - (NC)?
- EIA classifies Duke Energy Progress - (NC) as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.
Limitations
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 and comparing utility costs across states .
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, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.