Electricity Rates in Hampstead, NC

Residents of Hampstead, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Duke Energy Progress - (NC) being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. North Carolina Avg. -6.7%
vs. National Avg. -21.3%
Providers 3

Electricity Providers in Hampstead

Utility Residential Rate Commercial Rate Type
Duke Energy Progress - (NC) 16.0¢/kWh 11.0¢/kWh Investor Owned
Four County Elec Member Corp 14.0¢/kWh 10.0¢/kWh Cooperative
Jones-Onslow Elec Member Corp 13.0¢/kWh 10.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

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

Solar Savings in Hampstead

At 14.0¢/kWh, a typical Hampstead 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 Hampstead

Charging an electric vehicle at home in Hampstead 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 Hampstead, NC?

The average residential electricity rate in Hampstead, 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 Hampstead?

Hampstead is served by 3 electricity providers. Duke Energy Progress - (NC) is the largest provider in the area, though rates and availability vary by specific address.

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

Hampstead'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.