Electricity Rates in Mount gilead, NC

Residents of Mount gilead, NC benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 4 electricity providers, with Duke Energy Carolinas, LLC being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. North Carolina Avg. 0.0%
vs. National Avg. -15.6%
Providers 4

Electricity Providers in Mount gilead

Utility Residential Rate Commercial Rate Type
Duke Energy Carolinas, LLC 14.0¢/kWh 10.0¢/kWh Investor Owned
Duke Energy Progress - (NC) 16.0¢/kWh 11.0¢/kWh Investor Owned
Pee Dee Electric Member Corp 15.0¢/kWh 12.0¢/kWh Cooperative
Randolph Electric Member Corp 16.0¢/kWh 12.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Mount gilead monthly bill $132.90
Mount gilead annual cost $1594.80
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Mount gilead

At 15.0¢/kWh, a typical Mount gilead household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

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

EV Charging Costs in Mount gilead

Charging an electric vehicle at home in Mount gilead costs approximately $135.00/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 Mount gilead, NC?

The average residential electricity rate in Mount gilead, NC is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Mount gilead?

Mount gilead is served by 4 electricity providers. Duke Energy Carolinas, LLC is the largest provider in the area, though rates and availability vary by specific address.

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

Mount gilead's average rate of 15.0¢/kWh is close to the North Carolina state average of 15.0¢/kWh. Rates are typical for the region.