Electricity Rates in High point, NC
Residents of High point, NC benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with Duke Energy Carolinas, LLC being the largest.
Electricity Providers in High point
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Carolinas, LLC | 14.0¢/kWh | 10.0¢/kWh | Investor Owned |
| EnergyUnited Elec Member Corp | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| Town of High Point | 12.0¢/kWh | 11.0¢/kWh | Municipal |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in High point
At 12.0¢/kWh, a typical High point household spends approximately $1275.84/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 High point
Charging an electric vehicle at home in High point costs approximately $108.00/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 High point, NC?
The average residential electricity rate in High point, NC is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in High point?
High point 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 High point electricity rates compare to the rest of North Carolina?
High point's average rate of 12.0¢/kWh is 20.0% below the North Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.