Electricity Rates in Knotts island, NC
Residents of Knotts island, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Virginia Electric & Power Co serves the area.
Electricity Providers in Knotts island
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Virginia Electric & Power Co | 14.0¢/kWh | 12.0¢/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:
Solar Savings in Knotts island
At 14.0¢/kWh, a typical Knotts island household spends approximately $1488.48/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 Knotts island
Charging an electric vehicle at home in Knotts island 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.
Nearby Cities in North Carolina
Frequently Asked Questions
What is the average electricity rate in Knotts island, NC?
The average residential electricity rate in Knotts island, 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 Knotts island?
Knotts island is served by 1 electricity provider. Virginia Electric & Power Co is the largest provider in the area.
How do Knotts island electricity rates compare to the rest of North Carolina?
Knotts island'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.