Electricity Cost in Asheville, NC: 2024 Electric Rates | EnergySage (2024)

On average, Asheville, NC residents spend about $243 per month on electricity. That adds up to $2,916 per year.

That’s 21% higher than the national average electric bill of $2,414. The average electric rates in Asheville, NC cost 17 ¢/kilowatt-hour (kWh), so that means that the average electricity customer in Asheville, NC is using 1,454 kWh of electricity per month, and 17,448 kWh over the course of the year.

Electric rates in Asheville, NC

This data is aggregated over the past 6 months.

Electric bill savings with solar in Asheville, NC

Solar saves you money by reducing or eliminating your monthly electric bill. The amount that you can save with solar in Asheville, NC is based on two factors: how much you spend on electricity now and how much of your electric bill you can offset with solar.

Based on the intensity and amount of sunlight hours in Asheville, NC, the average electricity customer in Asheville, NC will need a 12.2 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption of 17,448 kWh per year. On the EnergySage Marketplace, solar shoppers in Asheville, NC pay an average of $33,000 for a 12.2 kW solar panel system prior to incentives.

The savings from offsetting 100% of an electric bill with solar can add up fast! Assuming an 1.0% annual increase in electricity prices and that you install your system with a $0-down loan, you can expect to save $2,900 in your first year, $14,900 over five years, $30,500 over 10 years, and $64,200 over 20 years on electric bills in Asheville, NC. Over your system’s lifetime you’ll save more by financing your solar system with a cash purchase, but you won’t start saving in year one. Learn more about how to finance your solar panel system.

How much can you save by going solar in Asheville, NC?

Electricity Cost in Asheville, NC: 2024 Electric Rates | EnergySage (2024)

FAQs

How much does electricity cost in Asheville? ›

Electric rates in Asheville, NC

The average residential electricity rate in Asheville, NC is 15 ¢/kWh, which is 14% higher than the average electricity rate in North Carolina of 13.48 ¢/kWh. The average residential electricity rate in Asheville, NC is 19% lower than the national average rate of 19 ¢/kWh.

How much does NC charge per kWh? ›

Electric rates in North Carolina

The average residential electricity rate in North Carolina is 13 ¢/kWh, which is 27% lower than the national average rate of 18 ¢/kWh.

What is the average electric bill per month in NC? ›

Average monthly electricity bill in every state
StateAverage bill January 2024Monthly usage
North Carolina$ 140.111072 kWh
North Dakota$ 110.561119 kWh
Ohio$ 136.17874 kWh
Oklahoma$ 128.901155 kWh
47 more rows
Apr 2, 2024

Who has the cheapest electricity per kWh? ›

The Average Electricity Rate in the U.S. is 15.45 cents per kilowatt-hour. Hawaii has the highest average electricity rate of 44.28 cents per kilowatt-hour. Nebraska has the lowest average electricity rate of 9.85 cents per kilowatt-hour.

What salary do you need to live comfortably in Asheville NC? ›

Typical Expenses
1 ADULT2 ADULTS (BOTH WORKING)
0 Children0 Children
Required annual income after taxes$41,316$56,845
Annual taxes$7,797$9,173
Required annual income before taxes$49,113$66,018
8 more rows

What is the average water bill in Asheville? ›

In Asheville, the average per-person water bill is $225.12 a year, the city says. “The City of Asheville Water Resources Department is dedicated to providing water that is safe and of the highest quality possible. Asheville water quality routinely exceeds state and federal standards,” Melton says.

How many kWh per day is normal? ›

How many kWh does a house use? The average energy consumption for a house is around 893 kWh per month, totaling 10,700 kWh annually. This equates to an average daily electricity usage of about 30 kWh.

Which state has cheapest electricity? ›

  • Wyoming. #1 in Electricity Price. #26 in Best States Overall. ...
  • North Dakota. #2 in Electricity Price. #14 in Best States Overall. ...
  • Idaho. #3 in Electricity Price. ...
  • Utah. #4 in Electricity Price. ...
  • Nebraska. #5 in Electricity Price. ...
  • Washington. #6 in Electricity Price. ...
  • Oregon. #7 in Electricity Price. ...
  • Iowa. #8 in Electricity Price.

How much does it cost to use 1 kWh of electricity? ›

As of February 2023, the average residential electricity rate in the U.S. is about 23 cents per kilowatt-hour (kWh). Importantly, electricity rates can vary widely based on where you live.

Is electricity expensive in NC? ›

North Carolina has an average residential electricity rate of 13.27 cents per kilowatt hour. This is 17.09% below the United States average price of 16.01 cents. This ranks North Carolina as the 17th lowest priced state in the nation using average electric rate.

What is the cost of living in North Carolina in 2024? ›

A family of four estimated monthly costs are 4,529.1$ without rent. A single person estimated monthly costs are 1,253.6$ without rent.

How much electricity does a TV use? ›

On average, TVs use 50 to 200 watts of electricity – this number is highly dependent on the model you have. 100 watts is a safe average electricity consumption to assume for modern TVs from top manufacturers.

What state has the most expensive electricity? ›

Hawaii has the highest average electricity costs for all sectors in the United States. In 2022, Hawaiian residents and businesses paid around 116.45 U.S. dollars per million British thermal unit for electricity, by far the highest price in the country.

What is the cheapest source of electricity today? ›

Solar energy has come a long way over the past few decades, and today it has become the cheapest source of electricity in history, according to the International Energy Agency (IEA). But how did this happen? What factor or factors led to the massive reduction in solar energy prices? Let's take a closer look.

Why is it so expensive to live in Asheville North Carolina? ›

In recent years the price of real estate in Asheville has soared due to investors out of the area willing to pay a premium. There are other factors such as Asheville's location. The city and much of western North Carolina is stunningly beautiful. There is a huge overabundance of low wage jobs in Asheville.

Is Asheville NC expensive to live? ›

The facts back her up: With a cost of living index rating of 106, with 100 being average, Asheville is the most expensive place in the state to live among metro areas participating in the most recent C2ER Cost of Living survey, as provided by the Asheville Area Chamber of Commerce.

How much do utilities cost in NC? ›

The average cost for electricity, water, and gas/fuel in North Carolina comes in at around $260 per month.

What is the average electric bill in Hendersonville NC? ›

On average, Hendersonville, NC residents spend about $136 per month on electricity. That adds up to $1,632 per year.

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