Electricity Rates in Glen raven, NC

Residents of Glen raven, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Duke Energy Carolinas, LLC serves the area.

Avg. Residential Rate 14.0¢/kWh
vs. North Carolina Avg. -6.7%
vs. National Avg. -21.3%
Providers 1

Electricity Providers in Glen raven

Utility Residential Rate Commercial Rate Type
Duke Energy Carolinas, LLC 14.0¢/kWh 10.0¢/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:

Glen raven monthly bill $124.04
Glen raven annual cost $1488.48
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Glen raven

At 14.0¢/kWh, a typical Glen raven household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Glen raven

Charging an electric vehicle at home in Glen raven 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.

Frequently Asked Questions

What is the average electricity rate in Glen raven, NC?

The average residential electricity rate in Glen raven, 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 Glen raven?

Glen raven is served by 1 electricity provider. Duke Energy Carolinas, LLC is the largest provider in the area.

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

Glen raven'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.