Electricity Rates in Zcta 27295, NC

Residents of Zcta 27295, NC benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with City of Lexington - (NC) being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. North Carolina Avg. -20.0%
vs. National Avg. -32.5%
Providers 3

Electricity Providers in Zcta 27295

Utility Residential Rate Commercial Rate Type
City of Lexington - (NC) 12.0¢/kWh 12.0¢/kWh Municipal
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 12.0¢/kWh and typical US household usage of 886 kWh/month:

Zcta 27295 monthly bill $106.32
Zcta 27295 annual cost $1275.84
North Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Zcta 27295

At 12.0¢/kWh, a typical Zcta 27295 household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

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

EV Charging Costs in Zcta 27295

Charging an electric vehicle at home in Zcta 27295 costs approximately $108.00/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 Zcta 27295, NC?

The average residential electricity rate in Zcta 27295, NC is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.

Who provides electricity in Zcta 27295?

Zcta 27295 is served by 3 electricity providers. City of Lexington - (NC) is the largest provider in the area, though rates and availability vary by specific address.

How do Zcta 27295 electricity rates compare to the rest of North Carolina?

Zcta 27295's average rate of 12.0¢/kWh is 20.0% below the North Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.