Electricity Rates in Southern shores, NC

Residents of Southern shores, NC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Virginia Electric & Power Co serves the area.

Avg. Residential Rate 14.0¢/kWh
vs. North Carolina Avg. -6.7%
vs. National Avg. -21.3%
Providers 1

Electricity Providers in Southern shores

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:

Southern shores monthly bill $124.04
Southern shores annual cost $1488.48
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Southern shores

At 14.0¢/kWh, a typical Southern shores household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Southern shores

Charging an electric vehicle at home in Southern shores 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.

Frequently Asked Questions

What is the average electricity rate in Southern shores, NC?

The average residential electricity rate in Southern shores, 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 Southern shores?

Southern shores is served by 1 electricity provider. Virginia Electric & Power Co is the largest provider in the area.

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

Southern shores'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.