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Duke Energy Progress electricity rates

Investor-owned utility · North Carolina · SERC region

Residential rate
16.45¢
per kWh incl. all charges
Avg. monthly bill
$172
1,046 kWh/month
vs. North Carolina
+11%
state avg 14.77¢
Homes served
1.38M
78th cheapest of 90 in NC
Outage time
3 hr 3 min
per customer, 2025

Duke Energy Progress is a for-profit, investor-owned utility regulated by the state utility commission, serving 1,383,941 homes in North Carolina. Its residential customers pay an average of 16.45¢/kWh including fixed and delivery charges, 9% less than the U.S. average.

Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.

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Duke Energy Progress bill estimates

Monthly useAt average all-in rate
500 kWh$82.25
1,000 kWh$164.50
1,500 kWh$246.75
2,000 kWh$329.00

Duke Energy Progress rate history

Duke Energy Progress monthly average residential price 12¢14¢17¢19¢22¢ 23/0824/0124/0624/1125/0425/0926/0226/07 23/08: 14¢23/09: 16¢23/10: 16¢23/11: 15¢23/12: 14¢24/01: 15¢24/02: 17¢24/03: 18¢24/04: 16¢24/05: 14¢24/06: 14¢24/07: 15¢24/08: 15¢24/09: 17¢24/10: 18¢24/11: 17¢24/12: 15¢25/01: 13¢25/02: 16¢25/03: 17¢25/04: 15¢25/05: 15¢25/06: 13¢25/07: 14¢25/08: 17¢25/09: 17¢25/10: 17¢25/11: 16¢25/12: 15¢26/01: 15¢26/02: 17¢26/03: 21¢26/04: 18¢26/05: 15¢26/06: 16¢26/07: 16¢
Duke Energy ProgressNorth Carolina avg
Duke Energy Progress annual average residential price 10¢11¢13¢15¢16¢ 2015201720202021202320242025 2015: 11¢2017: 10¢2020: 12¢2021: 12¢2023: 14¢2024: 16¢2025: 15¢
Duke Energy ProgressNorth Carolina avg

2015–2025: +38% change in the average residential rate (11.01¢ → 15.19¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2025Duke Energy ProgressNorth Carolina avgU.S. avg
Outage minutes per customer (SAIDI)183195266
Outages per customer (SAIFI)1.411.381.34
Average restoration time (CAIDI)2 hr 10 min——
Outage minutes excluding major storms145139121
Duke Energy Progress outage minutes per customer by year 01026205330794105 201520172019202120232025 2015: 2752016: 17902017: 2042018: 36792019: 2922020: 4292021: 2122022: 6902023: 2412024: 18032025: 183
With major eventsExcluding major events

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Duke Energy Progress's counties, customers averaged 8 hr 19 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Henderson910,60120410,3722025-05-17
Alamance26,44016012,3602025-07-07
Vance6,937616,7972025-10-09
Chatham5,7831668,5402025-07-07
Durham5,57021614,3032025-06-20
Mitchell4,845924,7042025-04-27
New Hanover3,4601704,0052025-07-10
Yancey2,397861,1362025-02-12
Warren2,0961024,3762025-05-17
Caswell2,078603,3192025-05-04
Orange1,74211723,2352025-07-07
Moore1,4771365,3342025-01-09
Rutherford1,3041134,4582025-11-20
Buncombe1,25917120,1552025-05-17
Granville1,2338511,0702025-10-09
Johnston1,1781553,3872025-09-19
Pamlico1,017232,8252025-03-10
Wake99321012,8762025-06-25
Duplin937844,4422025-10-08
Guilford9201527,9192025-06-27
Madison815519822025-07-14
Anson800645,0542025-08-13
Person774832,2912025-01-06
Montgomery724823,1032025-08-13
Halifax6675210,7002025-05-17

Duke Energy Progress service area

Duke Energy Progress serves 56 counties in North Carolina and 507 ZIP codes.

Counties served by Duke Energy Progress

Alamance, Anson, Avery, Beaufort, Bladen, Brunswick, Buncombe, Carteret, Caswell, Chatham, Columbus, Craven, Cumberland, Duplin, Durham, Edgecombe, Franklin, Granville, Greene, Guilford, Halifax, Harnett, Haywood, Henderson, Hoke, Jackson, Johnston, Jones, Lee, Lenoir, Madison, McDowell, Mitchell, Montgomery, Moore, Nash, New Hanover, Onslow, Orange, Pamlico, Pender, Person, Pitt, Randolph, Richmond, Robeson, Rutherford, Sampson, Scotland, Stanly, Vance, Wake, Warren, Wayne, Wilson, Yancey

Cities: Raleigh, Durham, Fayetteville, Cary, Wilmington, High Point, Asheville, Greenville, Jacksonville, Chapel Hill, Rocky Mount, Burlington, Wilson, Apex, Wake Forest, Goldsboro, Holly Springs, New Bern, Fort Bragg, Sanford, Garner, Asheboro, Fuquay-Varina, Lumberton, Kinston, Havelock, Clayton, Leland, Hope Mills, Albemarle, Pinehurst, Laurinburg, Roanoke Rapids, Henderson, Masonboro, Knightdale, Murraysville, Hendersonville, Mebane, Southern Pines

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Customers with daily usage data online1,383,941
Time-based rate programsTime-of-use rates
Homes on time-based rates37,024
Net-metered solar homes27,147
Homes in demand response (e.g. thermostat rebates)226,845
Residential efficiency incentives paid (2025)$53,641,636
Residential energy saved by programs233,846 MWh

Duke Energy Progress at a glance

OwnershipInvestor-owned utility
ServicesGeneration, Transmission, Distribution, Wholesale Marketing
Commercial rate11.60¢/kWh
Industrial rate8.65¢/kWh
Retail revenue (2025)$4,766,397,700
Electricity sold (2025)38,542,976 MWh
Peak demand13,255 MW summer · 14,976 MW winter
Power from own generation86% (rest purchased)
Line losses3.0%
Balancing authorityCPLE
EIA utility ID3046

Other utilities in North Carolina

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Frequently asked questions

What is Duke Energy Progress's electricity rate?

Duke Energy Progress residential customers pay an average of 16.45¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 11% above the North Carolina average of 14.77¢ and 9% below the U.S. average.

What is the average Duke Energy Progress electric bill?

About $172 a month. The average Duke Energy Progress home uses 1,046 kWh a month. At 1,000 kWh the bill would be about $165.

How many customers does Duke Energy Progress have?

Duke Energy Progress serves 1,383,941 residential customers and 1,605,330 customers in total in North Carolina, across 56 counties.

How reliable is Duke Energy Progress?

In 2025, the average Duke Energy Progress customer was without power for 3 hr 3 min (SAIDI) over 1.41 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 25 min. The North Carolina average was 3 hr 15 min and the U.S. average 4 hr 26 min.

Does Duke Energy Progress offer time-of-use rates?

Duke Energy Progress reports offering time-of-use rates to residential customers. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.

Does Duke Energy Progress offer net metering for solar?

Duke Energy Progress had 27,147 residential net-metered customers in 2025 with 207.7 MW of capacity. Estimate solar savings at this utility's rate.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Duke Energy Progress before making decisions.