Electricity Rates in Tarawa terrace, NC

The average residential electricity rate in Tarawa terrace, NC is 16.0¢/kWh based on 2024 EIA data. Duke Energy Progress - (NC) provides electricity to the area. This is 6.7% above the North Carolina state average.

Avg. Residential Rate 16.0¢/kWh
vs. North Carolina Avg. +6.7%
vs. National Avg. -10.0%
Providers 1

Electricity Providers in Tarawa terrace

Utility Residential Rate Commercial Rate Type
Duke Energy Progress - (NC) 16.0¢/kWh 11.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

Tarawa terrace monthly bill $141.76
Tarawa terrace annual cost $1701.12
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Tarawa terrace

At 16.0¢/kWh, a typical Tarawa terrace household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

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

EV Charging Costs in Tarawa terrace

Charging an electric vehicle at home in Tarawa terrace costs approximately $144.00/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 Tarawa terrace, NC?

The average residential electricity rate in Tarawa terrace, NC is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.

Who provides electricity in Tarawa terrace?

Tarawa terrace is served by 1 electricity provider. Duke Energy Progress - (NC) is the largest provider in the area.

How do Tarawa terrace electricity rates compare to the rest of North Carolina?

Tarawa terrace's average rate of 16.0¢/kWh is 6.7% above the North Carolina state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.