Electricity Rates in Corapeake, NC

The average residential electricity rate in Corapeake, NC is 17.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 13.3% above the North Carolina state average.

Avg. Residential Rate 17.0¢/kWh
vs. North Carolina Avg. +13.3%
vs. National Avg. -4.4%
Providers 3

Electricity Providers in Corapeake

Utility Residential Rate Commercial Rate Type
Albemarle Electric Member Corp 14.0¢/kWh 12.0¢/kWh Cooperative
Roanoke Electric Member Corp 21.0¢/kWh 18.0¢/kWh Cooperative
Virginia Electric & Power Co 14.0¢/kWh 12.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

Corapeake monthly bill $150.62
Corapeake annual cost $1807.44
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Corapeake

At 17.0¢/kWh, a typical Corapeake household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

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

EV Charging Costs in Corapeake

Charging an electric vehicle at home in Corapeake costs approximately $153.00/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 Corapeake, NC?

The average residential electricity rate in Corapeake, NC is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in Corapeake?

Corapeake is served by 3 electricity providers. Albemarle Electric Member Corp is the largest provider in the area, though rates and availability vary by specific address.

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

Corapeake's average rate of 17.0¢/kWh is 13.3% above the North Carolina state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.