Electricity Rates in Franklinville, NC
Residents of Franklinville, NC benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with Duke Energy Carolinas, LLC being the largest.
Electricity Providers in Franklinville
| 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 |
| Randolph Electric Member Corp | 16.0¢/kWh | 12.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Franklinville
At 15.0¢/kWh, a typical Franklinville household spends approximately $1594.80/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 Franklinville
Charging an electric vehicle at home in Franklinville 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.
Nearby Cities in North Carolina
Frequently Asked Questions
What is the average electricity rate in Franklinville, NC?
The average residential electricity rate in Franklinville, 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 Franklinville?
Franklinville is served by 3 electricity providers. Duke Energy Carolinas, LLC is the largest provider in the area, though rates and availability vary by specific address.
How do Franklinville electricity rates compare to the rest of North Carolina?
Franklinville'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.