How Much Is Electricity in North Carolina?
The residential electricity rate in North Carolina is 14.02¢ per kilowatt-hour (kWh), ranking #17 cheapest among all 51 US states. The national average is 17.92¢/kWh, making North Carolina 22% below average.
14.02¢
Residential
#17
Price Rank
13.8%
Renewable
| Residential Rate | 14.02¢/kWh |
| Commercial Rate | 10.25¢/kWh |
| Industrial Rate | 7.80¢/kWh |
| US Average (Residential) | 17.92¢/kWh |
At 14.02¢/kWh, residential electricity in North Carolina is 22% below the U.S. average of 17.92¢/kWh — the 17th cheapest residential rate among 51 states and territories tracked.
Across rate classes, commercial customers pay 10.25¢/kWh and industrial customers 7.80¢/kWh — a 2.45¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables make up 13.8% of North Carolina's generation mix; the dominant source is natural gas at 41.1%, followed by nuclear at 32.1%.
In 2024, North Carolina generated about 134,965 GWh of electricity in total.
Source: U.S. Energy Information Administration, 2026.