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Energy Profile

North Carolina

Electricity costs 14.02¢/kWh residential, ranking #17 cheapest in the US. 13.8% renewable energy.

Reviewed by EnergyProfile Editorial Team · Updated

14.02¢

Residential Rate

#17

Price Rank (Cheapest)

13.8%

Renewable Energy

#31

Renewable Rank

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Electricity Rates

Residential14.02¢/kWh
Commercial10.25¢/kWh
Industrial7.80¢/kWh
National Average17.92¢/kWh

Electricity Generation Mix

Natural Gas

41.1%

Nuclear

32.1%

Coal

12.7%

Solar

8.8%

Hydro

3.6%

Other

1.4%

Wind

0.4%

Frequently Asked Questions

The residential electricity rate in North Carolina is 14.02¢ per kilowatt-hour, ranking #17 cheapest out of 51 states. The national average is 17.92¢/kWh, making North Carolina 22% below average.

13.8% of North Carolina's electricity comes from renewable sources, ranking #31 among all states. The largest generation source is Natural Gas at 41.1%.

North Carolina's residential rate of 14.02¢/kWh is 22% below the national average of 17.92¢/kWh. Commercial rates are 10.25¢/kWh and industrial rates are 7.80¢/kWh.

Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data. Rankings based on residential rates.

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.