Electricity Rates Comparison
Data from U.S. Energy Information Administration (EIA) · November 2025
| Metric | North Carolina | Tennessee | National Avg |
|---|---|---|---|
| Residential Rate (¢/kWh) | 14.64¢ | 13.47¢ | 17.24¢ |
| Commercial Rate (¢/kWh) | 10.74¢ | 12.62¢ | — |
| Industrial Rate (¢/kWh) | 7.91¢ | 6.24¢ | — |
| Avg Monthly Bill | $148.64 | $155.38 | $152.02 |
| Avg Monthly Usage (kWh) | 1,015 | 1,154 | — |
| Market Type | regulated | regulated | — |
Tennessee has a lower residential electricity rate at 13.47¢/kWh compared to North Carolina's 14.64¢/kWh — a difference of 1.17¢/kWh (8.7%).
The average monthly electric bill in North Carolina is $148.64 (1015 kWh/month), while in Tennessee it is $155.38 (1154 kWh/month). The national average is $152.02.
North Carolina has a regulated electricity market, while Tennessee has a regulated market.
The national average residential rate is 17.24¢/kWh. North Carolina is below the national average at 14.64¢/kWh, and Tennessee is below the national average at 13.47¢/kWh.
Navigate Duke Energy's NC rate options including time-of-use plans and find the best fit for your household.
Learn how to read and understand every charge on your Duke Energy Carolinas electric bill, from basic service charges to fuel cost adjustments.
Learn the key differences between Duke Energy Progress and Duke Energy Carolinas, including service territories, rates, and why they operate as separate utilities.
Why Tennessee has some of the lowest electricity rates in the nation thanks to TVA.