Electricity Rates in Cherokee, NC

Residents of Cherokee, NC benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 4 electricity providers, with Duke Energy Carolinas, LLC being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. North Carolina Avg. 0.0%
vs. National Avg. -15.6%
Providers 4

Electricity Providers in Cherokee

Utility Residential Rate Commercial Rate Type
Duke Energy Carolinas, LLC 14.0¢/kWh 10.0¢/kWh Investor Owned
Duke Energy Progress - (NC) 16.0¢/kWh 11.0¢/kWh Investor Owned
Haywood Electric Member Corp 17.0¢/kWh 13.0¢/kWh Cooperative
Tennessee Valley Authority N/A 10.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Cherokee monthly bill $132.90
Cherokee annual cost $1594.80
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Cherokee

At 15.0¢/kWh, a typical Cherokee household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Cherokee

Charging an electric vehicle at home in Cherokee costs approximately $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Cherokee, NC?

The average residential electricity rate in Cherokee, NC is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Cherokee?

Cherokee is served by 4 electricity providers. Duke Energy Carolinas, LLC is the largest provider in the area, though rates and availability vary by specific address.

How do Cherokee electricity rates compare to the rest of North Carolina?

Cherokee's average rate of 15.0¢/kWh is close to the North Carolina state average of 15.0¢/kWh. Rates are typical for the region.