Electricity Rates in Elm city, NC
The average residential electricity rate in Elm city, 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 Elm city
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Progress - (NC) | 16.0¢/kWh | 11.0¢/kWh | Investor Owned |
| Edgecombe-Martin County E M C | 16.0¢/kWh | 11.0¢/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 Elm city
At 16.0¢/kWh, a typical Elm city 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 Elm city
Charging an electric vehicle at home in Elm city 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 Elm city, NC?
The average residential electricity rate in Elm city, 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 Elm city?
Elm city 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 Elm city electricity rates compare to the rest of North Carolina?
Elm city'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.