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Duke Energy Progress North Carolina electricity rates

Progress Energy Carolinas Inc, as the EIA and URDB list it

Progress Energy Carolinas Inc's customers paid 15.5¢ per kWh in 2024, riders included (EIA-861): about $156 a month for 1,006 kWh. Residential Service - Single Phase, the lowest of 4 open plans at 1,000 kWh a month, comes to $1,941 a year. Schedule retrieved October 8, 2026.

Every priced Progress Energy Carolinas Inc plan, 1,000 kWh/mo

Annual cost of each published plan, 1,000 kWh/mo: plans open to any household first, then plans priced but not ranked, each group cheapest first
PlanPer yearvs cheapestEffective
Residential Service - Single Phase✓ cheapestpriced by season · tiered · in effect since January 2026$1,941.42—16.2¢
Residential Time of Use (R-TOU) Single Phasetime-of-use · in effect since January 2026$1,974.07+$32.6516.5¢
Residential Service - Three Phasepriced by season · tiered · in effect since January 2026$2,048.12+$106.7017.1¢
Residential Time of Use (R-TOU) Three Phasetime-of-use · in effect since January 2026$2,082.07+$140.6517.4¢
Priced but not ranked — restricted, older, or not verifiable as a bill
Residential Time Of Use Schedule (R-TOUD) - Three Phasetime-of-use · demand charge · in effect since January 2026 · billed on peak kW, which monthly use cannot price; not ranked$1,517.86−$423.5612.6¢
Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Single Phasetime-of-use · in effect since January 2026 · critical-peak event days, priced here as if every day were one$1,854.47−$86.9515.5¢
Residential Time of Use EV(R-TOU-EV) Single Phasetime-of-use · in effect since January 2026 · needs an electric vehicle$1,869.22−$72.2015.6¢
Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Three Phasetime-of-use · in effect since January 2026 · critical-peak event days, priced here as if every day were one$1,962.47+$21.0516.4¢
Residential Time of Use EV(R-TOU-EV) Three Phasetime-of-use · in effect since January 2026 · needs an electric vehicle$1,977.22+$35.8016.5¢

Price Progress Energy Carolinas Inc’s plans at your own usage — and see what moving from your current plan would save.

The cheapest Progress Energy Carolinas Inc plan at each level of use

  • 500 kWh/mo — cheapest $1,072.92 (Residential Service - Single Phase), dearest $1,189.89, a $116.97 spread
  • 1,000 kWh/mo — cheapest $1,941.42 (Residential Service - Single Phase), dearest $2,082.07, a $140.65 spread
  • 2,000 kWh/mo — cheapest $3,634.34 (Residential Service - Single Phase), dearest $3,866.40, a $232.06 spread

What a typical Progress Energy Carolinas Inc bill costs

At 1,000 kWh a month the 4 generally available plans here run from $1,941.42 on Residential Service - Single Phase to $2,082.07 on Residential Time of Use (R-TOU) Three Phase, with a median of $2,011.09.

Effective rates span 16.2¢ to 17.4¢ per kWh at that usage.

What Progress Energy Carolinas Inc's customers were billed in 2024

At 1,006 kWh a month, Progress Energy Carolinas Inc's median open plan comes to 16.7¢ per kWh, 8% above the 15.5¢ its customers were billed in 2024, riders included. Rates set since 2024 may account for some of that.

EIA-861 figures for Duke Energy Progress - (NC), 2024, and this page’s plans at the same use
Ownership, as EIA classes itInvestor-owned
Full-service homes in North Carolina1,356,079
Share of North Carolina's households27%
Average use per home1,006 kWh a month
Average bill per home$156.39 a month
Billed per kWh, riders included15.5¢
Median open plan here, at that use16.7¢

Duke Energy Progress - (NC) in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.

How the Residential Service - Three Phase bill at 1,000 kWh has moved since 2008

Progress Energy Carolinas Inc's Residential Service - Three Phase cost $110.39 a month under its June 2008 version, filed then as RES-10B, and costs $170.68 under its January 2026 one, 55% more. Its biggest single step, in October 2024, added $32.80 (25%). In North Carolina, EIA's average price rose 47% between 2008 and 2025.

Residential Service - Three Phase at 1,000 kWh a month, 2008–2026
2008 $110.39 to $170.68 a month2026
Every version of Residential Service - Three Phase
Each version of Residential Service - Three Phase priced at 1,000 kWh a month, fixed charges included, from the URDB record linked in its row.
Took effectAt 1,000 kWhChangeRecord
January 2026$170.68+$7.21 (+4.4%)URDB
October 2024$163.47+$32.80 (+25.1%)URDB
June 2022as Residential Service Schedule - RES-74 - Three Phase$130.67+$7.04 (+5.7%)URDB
January 2020as Residential Service Schdedule - RES-53 - Three Phase$123.63−$4.32 (−3.4%)URDB
January 2019as Residential Service Schdedule - RES-53 - Three Phase$127.95+$10.97 (+9.4%)URDB
January 2018as Residential Service Schdedule - RES-36 - Three Phase$116.98+$7.64 (+7.0%)URDB
February 2017as Residential Service Schdedule - RES-36 - Three Phase$109.34−$9.41 (−7.9%)URDB
January 2016as Residential Service Schdedule - RES-36 - Three Phase$118.75+$2.24 (+1.9%)URDB
July 2014as Residential Service Schdedule RES-28- Three Phase$116.51+$6.12 (+5.5%)URDB
June 2008as RES-10B$110.39First on recordURDB

In the guides: Why electricity rates change

How it compares

Among the 100 utilities indexed, Progress Energy Carolinas Inc's cheapest open plan is the 45th-highest, 5% more than their median of $1,849.47. It sits between Wisconsin Public Service Corp ($1,931.60) and South Carolina Electric&Gas Co ($1,942.56).

In North Carolina it is the dearest of the 5 utilities indexed; Virginia Electric & Power Co (North Carolina) starts lowest, at $1,449.36.

Residential Service - Single Phase is tiered: past 800 kWh a month, each kWh costs 1.0¢ less. Of the 47 utilities whose plans step, that is the 12th-smallest step.

In the guides: The price that changes once the meter passes a line

Which plan from Progress Energy Carolinas Inc is cheapest as use rises

Residential Service - Single Phase is cheapest at every level tested — $1,072.92 a year at 500 kWh a month, $3,634.34 at 2,000 kWh.

The penalty for a poor choice grows with usage: $116.97 a year at 500 kWh against $232.06 at 2,000 kWh.

Cheapest 6 plans at 1,000 kWh a month

Residential Service - Single Phase — $1,941.42 a year, 16.2¢ per kWh effective, tiered and priced by season. It carries a $15.81 monthly standing charge. In effect since January 2026.

Residential Time of Use (R-TOU) Single Phase — $1,974.07 a year, 16.5¢ per kWh effective, time-of-use. It carries a $15.81 monthly standing charge. In effect since January 2026.

Residential Service - Three Phase — $2,048.12 a year, 17.1¢ per kWh effective, tiered and priced by season. It carries a $24.81 monthly standing charge. In effect since January 2026.

Residential Time of Use (R-TOU) Three Phase — $2,082.07 a year, 17.4¢ per kWh effective, time-of-use. It carries a $24.81 monthly standing charge. In effect since January 2026.

Residential Time Of Use Schedule (R-TOUD) - Three Phase — $1,517.86 a year, 12.6¢ per kWh effective, time-of-use and demand-charged. It carries a $24.81 monthly standing charge. In effect since January 2026. Not ranked: it bills on peak demand, which monthly use cannot price.

Residential Time of Use with Critical Peak Pricing (R-TOU-CPP) Single Phase — $1,854.47 a year, 15.5¢ per kWh effective, time-of-use. It carries a $15.81 monthly standing charge. In effect since January 2026. Restricted: critical-peak event days, priced here as if every day were one.

How Progress Energy Carolinas Inc's plans are structured

Of 10 priceable plans: 2 tiered, 8 time-of-use, 2 priced by season, 2 with demand charges.

Fixed monthly charges run from $15.81 to $24.81.

Progress Energy Carolinas Inc's published schedules

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

The largest saving among Progress Energy Carolinas Inc's plans

Moving from Residential Time of Use (R-TOU) Three Phase to Residential Service - Single Phase saves $140.65 a year at 1,000 kWh a month, with no change in consumption.

When Progress Energy Carolinas Inc's time-of-use plans charge most

Residential Time of Use (R-TOU) Single Phase charges 32.0¢ a kWh weekdays 6 am to 9 am, October to April; and weekdays 6 pm to 9 pm, May to September, against 9.5¢ in its cheapest hours; those dearest hours are 9% of the year. Homes in North Carolina typically put 12% of their electricity in them (NREL ResStock), which is what its price above assumes: moving use out of them lowers the bill, adding to them raises it.

In the guides: Time-of-use plans, hour by hour

What the Progress Energy Carolinas Inc figures do not cover

8 of these plans price by the hour; their figures assume the typical hourly pattern of homes in North Carolina, not this household's own hours.