North Carolina Electricity

2024 energy prices and generation data from the EIA

Residential Rate

14.13¢/kWh

Residential

14.13¢/kWh

5.1M customers

Commercial

10.56¢/kWh

751.0K customers

Industrial

7.77¢/kWh

8.9K customers

Residential Price History

Year Price Change
2016 11.03¢/kWh +0.8%
2017 10.94¢/kWh -1.4%
2018 11.09¢/kWh -2.9%
2019 11.42¢/kWh +0.4%
2020 11.38¢/kWh +0.5%
2021 11.32¢/kWh -2.6%
2022 11.62¢/kWh -10.1%
2023 12.93¢/kWh -8.5%
2024 14.13¢/kWh

Market Overview

Residential Revenue

$8726.6M

Commercial Revenue

$5229.7M

Residential Sales

61.7M MWh

Residential Customers

5.1M

Data from the U.S. Energy Information Administration (2024). Prices in cents per kilowatt-hour (kWh).