Electricity Rates in Edward, NC
The average residential electricity rate in Edward, NC is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the North Carolina state average.
Electricity Providers in Edward
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Progress - (NC) | 16.0¢/kWh | 11.0¢/kWh | Investor Owned |
| Tideland Electric Member Corp | 16.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Edward
At 16.0¢/kWh, a typical Edward household spends approximately $1701.12/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 Edward
Charging an electric vehicle at home in Edward costs approximately $144.00/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 Edward, NC?
The average residential electricity rate in Edward, NC is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Edward?
Edward is served by 2 electricity providers. Duke Energy Progress - (NC) is the largest provider in the area, though rates and availability vary by specific address.
How do Edward electricity rates compare to the rest of North Carolina?
Edward's average rate of 16.0¢/kWh is 6.7% above the North Carolina state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.