Electricity Rates in Siler city, NC

Residents of Siler city, 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 Central Electric Membership Corp. - (NC) being the largest.

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Avg. Residential Rate 15.0¢/kWh

vs. North Carolina Avg. 0.0%

vs. National Avg. -15.6%

Providers 4

Electricity Providers in Siler city

Utility	Residential Rate	Commercial Rate	Type
Central Electric Membership Corp. - (NC)	14.0¢/kWh	12.0¢/kWh	Cooperative
Duke Energy Carolinas, LLC	14.0¢/kWh	10.0¢/kWh	Investor Owned
Duke Energy Progress - (NC)	16.0¢/kWh	11.0¢/kWh	Investor Owned
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:

Siler city monthly bill $132.90

Siler city annual cost $1594.80

North Carolina avg. monthly $132.90

National avg. monthly $157.53

Solar Savings in Siler city

At 15.0¢/kWh, a typical Siler city 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.

Find solar installers in Siler city → Get an AI-powered solar site assessment →

EV Charging Costs in Siler city

Charging an electric vehicle at home in Siler city 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.

Nearby Cities in North Carolina

Cleveland 13.0¢/kWh Morehead city 14.0¢/kWh Zirconia 15.0¢/kWh Spencer 14.0¢/kWh Granite falls 13.0¢/kWh Cary 15.0¢/kWh Micaville 15.0¢/kWh Eagle springs 15.0¢/kWh

Frequently Asked Questions

What is the average electricity rate in Siler city, NC?

The average residential electricity rate in Siler city, 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 Siler city?

Siler city is served by 4 electricity providers. Central Electric Membership Corp. - (NC) is the largest provider in the area, though rates and availability vary by specific address.

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

Siler city'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.