City of Concord electricity rates
City of Concord charges an average of 11.84 cents per kilowatt-hour to residential customers, and the average household on its system paid $118 a month using 997 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.
Municipal utility DUK North Carolina
Where City of Concord sits
It is a smaller system, serving 29,857 residential customers, which means its fixed costs are spread across a narrow base. At 11.84¢ per kilowatt-hour it is one of the cheaper places to buy electricity in North Carolina, 21.5% under the statewide average of 15.09¢.
Its customers use more electricity than the national norm, 997 kilowatt-hours a month against 871, which amplifies whatever the rate does.
Owned by the city it serves and governed by a local board rather than the state commission. No shareholder return is built into the rate. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.
| Rate | Monthly bill | Monthly kWh | |
|---|---|---|---|
| City of Concord | 11.84¢ | $118 | 997 |
| North Carolina average | 15.09¢ | $150 | 1,036 |
| United States average | 18.44¢ | $155 | 871 |
Utility figures: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024. State and national figures: Electric Power Monthly, May 2026. Methodology
Where City of Concord delivers
Its service territory covers one county in North Carolina.
- Cabarrus
How often the power goes out
In 2024 the average City of Concord customer went 172 minutes without electricity across 1.91 interruptions. The median across the 941 utilities that report this is 185 minutes.
That is better than the typical American utility, though the figure includes major storm days and can move sharply from one year to the next.
Other North Carolina utilities
| Utility | Rate | Bill | Customers |
|---|---|---|---|
| Duke Energy Carolinas, LLC | 13.94¢ | $137 | 1.9 million |
| Duke Energy Progress | 15.54¢ | $156 | 1.4 million |
| Piedmont Electric Member Corp | 15.60¢ | $179 | 30,334 |
| Town of Apex | 10.52¢ | $95 | 29,289 |
| Haywood Electric Member Corp | 16.60¢ | $134 | 29,078 |
City of Concord rates: common questions
How much does City of Concord charge per kilowatt-hour?
An average of 11.84 cents per kilowatt-hour across its residential customers in 2024. That is -21.5% against the North Carolina average of 15.09¢ and -35.8% against the national average of 18.44¢. It is an all-in average across every residential rate schedule the utility offers, not a specific tariff.
What is the average City of Concord bill?
$118 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 997 kWh a month. The national average bill is $155 at 871 kWh.
Who owns City of Concord?
It is classified by the EIA as a municipal utility. Owned by the city it serves and governed by a local board rather than the state commission. No shareholder return is built into the rate.
Is City of Concord expensive compared with other North Carolina utilities?
It ranks #43 of the 51 North Carolina utilities covered here, counting from the most expensive. Nationally it ranks #1067 of 1369.