Electricity Rates in Graham, NC
Residents of Graham, 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 Graham
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Carolinas, LLC | 14.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Piedmont Electric Member Corp | 16.0¢/kWh | 14.0¢/kWh | Cooperative |
| 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 Graham
At 15.0¢/kWh, a typical Graham 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 Graham
Charging an electric vehicle at home in Graham 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 Graham, NC?
The average residential electricity rate in Graham, 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 Graham?
Graham 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 Graham electricity rates compare to the rest of North Carolina?
Graham'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.