Electricity Rates in Davis, NC
Residents of Davis, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Carteret-Craven El Member Corp being the largest.
Electricity Providers in Davis
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Carteret-Craven El Member Corp | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
| Duke Energy Progress - (NC) | 16.0¢/kWh | 11.0¢/kWh | Investor Owned |
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 Davis
At 14.0¢/kWh, a typical Davis 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 Davis
Charging an electric vehicle at home in Davis 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 Davis, NC?
The average residential electricity rate in Davis, 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 Davis?
Davis is served by 2 electricity providers. Carteret-Craven El Member Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Davis electricity rates compare to the rest of North Carolina?
Davis'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.