Electricity Rates in Morehead city, NC
Residents of Morehead city, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Carteret-Craven El Member Corp being the largest.
Electricity Providers in Morehead city
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Carteret-Craven El Member Corp | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
| Duke Energy Progress - (NC) | 16.0¢/kWh | 11.0¢/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 Morehead city
At 14.0¢/kWh, a typical Morehead city 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 Morehead city
Charging an electric vehicle at home in Morehead city 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 Morehead city, NC?
The average residential electricity rate in Morehead city, 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 Morehead city?
Morehead city is served by 2 electricity providers. Carteret-Craven El Member Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Morehead city electricity rates compare to the rest of North Carolina?
Morehead city'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.