Electricity Rates in Hobbsville, NC
The average residential electricity rate in Hobbsville, NC is 17.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 13.3% above the North Carolina state average.
Electricity Providers in Hobbsville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Albemarle Electric Member Corp | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| Roanoke Electric Member Corp | 21.0¢/kWh | 18.0¢/kWh | Cooperative |
| Virginia Electric & Power Co | 14.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Hobbsville
At 17.0¢/kWh, a typical Hobbsville household spends approximately $1807.44/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 Hobbsville
Charging an electric vehicle at home in Hobbsville costs approximately $153.00/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 Hobbsville, NC?
The average residential electricity rate in Hobbsville, NC is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Hobbsville?
Hobbsville is served by 3 electricity providers. Albemarle Electric Member Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Hobbsville electricity rates compare to the rest of North Carolina?
Hobbsville's average rate of 17.0¢/kWh is 13.3% above the North Carolina state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.