Electricity Rates in Broadway, NC
Residents of Broadway, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Central Electric Membership Corp. - (NC) being the largest.
Electricity Providers in Broadway
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Electric Membership Corp. - (NC) | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| Duke Energy Progress - (NC) | 16.0¢/kWh | 11.0¢/kWh | Investor Owned |
| South River Elec Member Corp | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Broadway
At 14.0¢/kWh, a typical Broadway household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Broadway
Charging an electric vehicle at home in Broadway costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in North Carolina
Frequently Asked Questions
What is the average electricity rate in Broadway, NC?
The average residential electricity rate in Broadway, NC is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Broadway?
Broadway is served by 3 electricity providers. Central Electric Membership Corp. - (NC) is the largest provider in the area, though rates and availability vary by specific address.
How do Broadway electricity rates compare to the rest of North Carolina?
Broadway's average rate of 14.0¢/kWh is 6.7% below the North Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.