Electricity rates — Progress Energy Carolinas Inc

A household served by Progress Energy Carolinas Inc using 1,000 kWh a month pays about $1,468.47 a year on the cheapest of 7 generally available plans — Residential Time Of Use Schedule (R-TOUD) - Three Phase from Progress Energy Carolinas Inc. Rates checked September 2, 2026. A further 2 schedules are published but restricted — means-tested, closed to new customers, or needing particular equipment — and they are priced further down.

Every priced plan, 1,000 kWh/mo

Annual cost of each published plan, 1,000 kWh/mo, cheapest first
Plan	Per year	vs cheapest	Effective
Residential Time Of Use Schedule (R-TOUD) - Three Phase✓ cheapesttime-of-use · demand charge	$1,468.47	—	12.2¢
Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Single Phasetime-of-use	$1,794.78	+$326.31	15.0¢
Residential Time of Use EV(R-TOU-EV) Single Phasetime-of-use · needs an electric vehicle	$1,816.44	+$347.97	15.1¢
Residential Time of Use (R-TOU) Single Phasetime-of-use	$1,877.49	+$409.02	15.6¢
Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Three Phasetime-of-use	$1,902.78	+$434.31	15.9¢
Residential Time of Use EV(R-TOU-EV) Three Phasetime-of-use · needs an electric vehicle	$1,924.44	+$455.97	16.0¢
Residential Service - Single Phasetime-of-use · tiered	$1,944.12	+$475.65	16.2¢
Residential Time of Use (R-TOU) Three Phasetime-of-use	$1,985.49	+$517.02	16.5¢
Residential Service - Three Phasetime-of-use · tiered	$2,048.12	+$579.65	17.1¢

Cost across usage levels

The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.

500 kWh/mo — cheapest $883.16 (Residential Time Of Use Schedule (R-TOUD) - Three Phase), dearest $1,180.92, a $297.76 spread
1,000 kWh/mo — cheapest $1,468.47 (Residential Time Of Use Schedule (R-TOUD) - Three Phase), dearest $2,048.12, a $579.65 spread
2,000 kWh/mo — cheapest $2,639.29 (Residential Time Of Use Schedule (R-TOUD) - Three Phase), dearest $3,734.52, a $1,095.23 spread

At a glance

Plans priced: 10
Utilities: 1
Cheapest, 1,000 kWh/mo: $1,468.47
Spread: $579.65/yr

Low confidence

North CarolinaState overview
ZIP 28280Where these plans were found
Electric space heating in North CarolinaWhat it costs to run here
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What a typical bill costs

At 1,000 kWh a month the 9 priceable plans here run from $1,468.47 on Residential Time Of Use Schedule (R-TOUD) - Three Phase to $2,048.12 on Residential Service - Three Phase, with a median of $1,902.78.

The spread is $579.65 a year — about $48.30 a month for identical electricity.

Effective rates, bill divided by kilowatt-hours, span 12.2¢ to 17.1¢ per kWh at that usage.

How the answer changes with usage

Residential Time Of Use Schedule (R-TOUD) - Three Phase is cheapest at every level tested — $883.16 a year at 500 kWh a month, $2,639.29 at 2,000 kWh.

The penalty for a poor choice grows with usage: $297.76 a year at 500 kWh against $1,095.23 at 2,000 kWh.

Cheapest 6 plans at 1,000 kWh a month

Residential Time Of Use Schedule (R-TOUD) - Three Phase — $1,468.47 a year, 12.2¢ per kWh effective, time-of-use and demand-charged. It carries a $24.81 monthly standing charge.

Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Single Phase — $1,794.78 a year, 15.0¢ per kWh effective, time-of-use. It carries a $15.81 monthly standing charge.

Residential Time of Use EV(R-TOU-EV) Single Phase — $1,816.44 a year, 15.1¢ per kWh effective, time-of-use. It carries a $15.81 monthly standing charge.

Residential Time of Use (R-TOU) Single Phase — $1,877.49 a year, 15.6¢ per kWh effective, time-of-use. It carries a $15.81 monthly standing charge.

Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Three Phase — $1,902.78 a year, 15.9¢ per kWh effective, time-of-use. It carries a $24.81 monthly standing charge.

Residential Time of Use EV(R-TOU-EV) Three Phase — $1,924.44 a year, 16.0¢ per kWh effective, time-of-use. It carries a $24.81 monthly standing charge.

How these plans are structured

Of 10 priceable plans: 2 tiered, 10 time-of-use, 2 with demand charges.

Fixed monthly charges run from $15.81 to $24.81.

Who provides these plans

Progress Energy Carolinas Inc was found serving Charlotte, North Carolina. 10 of its 10 published residential schedules can be priced.

The largest saving available here

Moving from Residential Service - Three Phase to Residential Time Of Use Schedule (R-TOUD) - Three Phase saves $579.65 a year at 1,000 kWh a month, with no change in consumption.

What this does not cover

10 of these plans price by hour. WattClear does not know which hours a household uses, so those estimates carry lower confidence and say so on the figure.

New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.

Estimate — your actual bill may differ.

Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 2, 2026.

Location resolved through the US Census Bureau Geocoder (Public domain) at 35.2271, -80.8431.