Duke Energy rates vary significantly depending on which subsidiary serves your area and which rate plan you're on. Understanding current rates helps you verify your bill is correct and compare your costs to typical ranges.
Duke Energy Florida Rates
Duke Energy Florida serves approximately 1.9 million customers in central and north Florida, including the Orlando area.
- Standard residential rate (RS-1): ~14.5¢/kWh effective rate
- Time-of-use rates: 10¢ to 20¢/kWh depending on time of day
- Rate change: Significant decrease (~$44/1,000 kWh) expected March 2026
Duke Energy Carolinas Rates (SC)
Duke Energy Carolinas serves the Upstate and Midlands regions of South Carolina.
- Standard residential rate (RS): ~14.5-15.2¢/kWh for first 1,000 kWh
- Basic service charge: $11.96/month
- Time-of-use (RS-TOU): 8¢ to 25¢/kWh
- Rate change: Increase effective March 1, 2026
Duke Energy Carolinas Rates (NC)
Duke Energy Carolinas serves western North Carolina, including Charlotte, Asheville, and Gastonia.
- Standard residential rate (RS): ~12.26¢/kWh base, ~15.5¢/kWh all-in with riders
- Basic customer charge: $14.00/month
- Average bill: $163-$187/month for 1,000 kWh
- Rate change: 11.9% increase proposed for 2026
Duke Energy Progress Rates
Duke Energy Progress serves eastern NC (Raleigh, Fayetteville, Wilmington) and coastal SC (Myrtle Beach, Florence).
- NC Progress: ~18.7¢/kWh all-in (highest Duke territory)
- SC Progress: ~15.6¢/kWh all-in
- Average NC bill: ~$187/month for 1,000 kWh
- Average SC bill: ~$157/month for 1,000 kWh
Comparing Your Rate
To find your actual rate, divide your total bill (minus fixed charges like the basic service charge) by your kWh usage. This gives you your effective rate per kWh.
Compare this to the ranges above for your service territory. If your effective rate is significantly higher than these ranges, it may be worth reviewing your bill for errors or considering a different rate plan.