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

Electricity rates in 27608 — Raleigh, NC

Homes in ZIP 27608 pay about 16.8¢ per kWh (Duke Energy Progress (NC), Jan–Aug 2026). The North Carolina average is 14.9¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price16.8¢per kWh
UtilityDuke Energy Progress (NC)
NC average14.9¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$1561,006 kWh/month, 2024

What a month of electricity costs

500 kWh / month$84
900 kWh / month$151
1,200 kWh / month$201

Monthly cost at the average price of 16.8¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 27608 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 27608

UtilityHome priceAvg. billCustomers in NC
Duke Energy Progress (NC)
Investor Owned
16.8¢
Jan–Aug 2026
$1561,356,079
Duke Energy Carolinas, LLC
Investor Owned · serves Wake County
14.2¢
Jan–Aug 2026
$1371,919,372
Wake Electric Membership Corp
Cooperative · serves Wake County
13.4¢
2024
$14953,268
Town of Apex (NC)
Municipal · serves Wake County
10.5¢
2024
$9529,289
Town of Wake Forest (NC)
Municipal · serves Wake County
14.5¢
2024
$2727,552

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Wake County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

North Carolina price trend

9¢12¢15¢18¢21¢20222023202420252026North Carolina averageU.S. averageDuke Energy Progress (NC) 9¢12¢15¢18¢21¢20222023202420252026North Carolina averageU.S. averageDuke Energy Progress (NC)
North Carolina averageU.S. averageDuke Energy Progress (NC)
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.

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 about 27608

How much does electricity cost in 27608?

About 16.8¢ per kWh for homes (Duke Energy Progress (NC), Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $151.

Who is the electric utility for 27608?

Duke Energy Progress (NC), with about 1,356,079 residential customers in North Carolina; 4 other utilities also serve parts of the area.

Is electricity in NC getting more expensive?

The North Carolina residential average was 14.9¢ per kWh in August 2026, up 2.5% from a year earlier; the U.S. average was 18.2¢.