North Carolina electricity rates
347 residential tariffs from 100 utilities. Across the 50 filed since 2020, the median costs $0.1553 per kWh at 1,000 kWh a month once fixed charges are included — the cheapest $0.1046, the most expensive $0.2603.
$0.1553median $/kWh
100utilities
347tariffs on file
47%time-of-use
16%filed since 2020
Rate structures in North Carolina
| Structure | Tariffs |
|---|---|
| Flat | 108 |
| Time-of-use | 92 |
| Tiered | 76 |
| Time-of-use + tiered | 70 |
| Unclassified | 1 |
Lowest effective rates at 1,000 kWh/month
Ranked across the 50 tariffs filed since 2020 — 16% of those on file here. Older filings are excluded because they are systematically below what utilities now charge; see methodology. Effective rate includes fixed charges, and availability restrictions may apply.
| Utility | Tariff | Structure | Filed | $/kWh | Annual |
|---|---|---|---|---|---|
| Wake Electric Membership Corp | Residential Time Of Use + Electric Vehicle - Single Phase | Time-of-use | 2023 | $0.1046 | $1,254.79 |
| City of Concord, North Carolina (Utility Company) | Residential | Flat | 2025 | $0.1161 | $1,392.64 |
| Wake Electric Membership Corp | Residential Time Of Use + Electric Vehicle - Three Phase | Time-of-use | 2023 | $0.1196 | $1,434.79 |
| Virginia Electric & Power Co (North Carolina) | Basic Residential Rate Schedule 1 | Time-of-use | 2025 | $0.1208 | $1,449.41 |
| Virginia Electric & Power Co | 1W Residential Service (Time Controlled Storage Water Heating) | Flat | 2026 | $0.1223 | $1,467.37 |
| Lumbee River Elec Member Corp | A-2: Single Phase General Service | Time-of-use + tiered | 2021 | $0.1230 | $1,476.00 |
| Duke Energy Carolinas, LLC | RETC (Residential Service All-Electric Time of Use with Critical Peak Pricing)) | Time-of-use | 2026 | $0.1244 | $1,492.98 |
| Jones-Onslow Elec Member Corp | Residential Rate | Flat | 2025 | $0.1288 | $1,545.22 |
| Duke Energy Carolinas, LLC | ES (Residential Service Energy Star, All-Electric) | Time-of-use + tiered | 2026 | $0.1296 | $1,555.17 |
| EnergyUnited Elec Member Corp | Residential Energy Star Service RES Standard Single Phase | Time-of-use | 2025 | $0.1314 | $1,576.80 |