Electricity Rates in Walnut cove, NC
Residents of Walnut cove, NC benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Duke Energy Carolinas, LLC being the largest.
Electricity Providers in Walnut cove
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Carolinas, LLC | 14.0¢/kWh | 10.0¢/kWh | Investor Owned |
| EnergyUnited Elec Member Corp | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Walnut cove
At 13.0¢/kWh, a typical Walnut cove household spends approximately $1382.16/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 Walnut cove
Charging an electric vehicle at home in Walnut cove costs approximately $117.00/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 Walnut cove, NC?
The average residential electricity rate in Walnut cove, NC is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Walnut cove?
Walnut cove is served by 2 electricity providers. Duke Energy Carolinas, LLC is the largest provider in the area, though rates and availability vary by specific address.
How do Walnut cove electricity rates compare to the rest of North Carolina?
Walnut cove's average rate of 13.0¢/kWh is 13.3% below the North Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.