Electricity Rates in Morganton, NC

Residents of Morganton, NC benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 6 electricity providers, with Blue Ridge Elec Member Corp - (NC) being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. North Carolina Avg. -13.3%
vs. National Avg. -26.9%
Providers 6

Electricity Providers in Morganton

Utility Residential Rate Commercial Rate Type
Blue Ridge Elec Member Corp - (NC) 15.0¢/kWh 12.0¢/kWh Cooperative
City of Morganton - (NC) 11.0¢/kWh 8.0¢/kWh Municipal
Duke Energy Carolinas, LLC 14.0¢/kWh 10.0¢/kWh Investor Owned
Mountain Electric Coop, Inc 13.0¢/kWh 14.0¢/kWh Cooperative
Rutherford Elec Member Corp 13.0¢/kWh 13.0¢/kWh Cooperative
Tennessee Valley Authority N/A 10.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Morganton monthly bill $115.18
Morganton annual cost $1382.16
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Morganton

At 13.0¢/kWh, a typical Morganton household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Morganton

Charging an electric vehicle at home in Morganton costs approximately $117.00/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 Morganton, NC?

The average residential electricity rate in Morganton, NC is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.

Who provides electricity in Morganton?

Morganton is served by 6 electricity providers. Blue Ridge Elec Member Corp - (NC) is the largest provider in the area, though rates and availability vary by specific address.

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

Morganton's average rate of 13.0¢/kWh is 13.3% below the North Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.