Electricity Rates in Powells point, NC
Residents of Powells point, 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 Powells point
| 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 Powells point
At 14.0¢/kWh, a typical Powells point 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 Powells point
Charging an electric vehicle at home in Powells point 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 Powells point, NC?
The average residential electricity rate in Powells point, 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 Powells point?
Powells point is served by 1 electricity provider. Virginia Electric & Power Co is the largest provider in the area.
How do Powells point electricity rates compare to the rest of North Carolina?
Powells point'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.