Electricity Rates in Newport, NC
Residents of Newport, 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 Newport
| 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 Newport
At 14.0¢/kWh, a typical Newport 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 Newport
Charging an electric vehicle at home in Newport 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 Newport, NC?
The average residential electricity rate in Newport, 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 Newport?
Newport 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 Newport electricity rates compare to the rest of North Carolina?
Newport'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.