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

Electricity rates in 28408 — Wilmington, NC

Homes in ZIP 28408 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 28408 is

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Utilities serving 28408

UtilityHome priceAvg. billCustomers in NC
Duke Energy Progress (NC)
Investor Owned
16.8¢
Jan–Aug 2026
$1561,356,079

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for New Hanover; 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 28408

How much does electricity cost in 28408?

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 28408?

Duke Energy Progress (NC), with about 1,356,079 residential customers in North Carolina.

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¢.