EIA data through August 2026 · updated 2026-10-29

New River Light & Power Co. electricity rates

New River Light & Power Co. (state) residential customers paid about 12.4¢ per kWh (2024 average) — an average bill of $89 for 716 kWh a month.

Avg. home price12.4¢per kWh
Residential customers7,247NC, 2024
Avg. monthly use716kWh
Commercial10.4¢per kWh
Industrial—per kWh

What a month costs with New River Light & Power Co.

500 kWh / month$62
700 kWh / month · avg. use$87
900 kWh / month$112
1,200 kWh / month$149

Monthly cost at the average price of 12.4¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

9¢12¢15¢18¢20222023202420252026North Carolina averageU.S. average 9¢12¢15¢18¢20222023202420252026North Carolina averageU.S. average
North Carolina averageU.S. average
Aug 202614.9¢per kWh
vs. 1 year ago+2.5%14.6¢
vs. 5 years ago+32%11.3¢
Record high16.3¢Apr 2026
Avg. home bill$1961,310 kWh, Aug
EIA forecast, South Atlantic16.0¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the South Atlantic region, which includes Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is New River Light & Power Co.’s electricity rate?

About 12.4¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average New River Light & Power Co. electric bill?

$89 a month in 2024, for an average of 716 kWh (EIA-861).

Is New River Light & Power Co. cheaper than the North Carolina average?

Yes: 12.4¢ versus the North Carolina average of 14.9¢ (Aug 2026).