Electricity rates in 28765 — Penland, NC
Homes in ZIP 28765 pay about 12.5¢ per kWh (Mountain Electric Coop, Inc., 2024 average). The North Carolina average is 14.9¢ and the U.S. average 18.2¢ (Aug 2026).
What a month of electricity costs
Monthly cost at the average price of 12.5¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.
Where ZIP 28765 is
scroll or pinch to zoomUtilities serving 28765
| Utility | Home price | Avg. bill | Customers in NC |
|---|---|---|---|
| Mountain Electric Coop, Inc. Cooperative | 12.5¢ 2024 | $115 | 15,491 |
| Duke Energy Progress (NC) Investor Owned · serves Mitchell | 16.8¢ Jan–Aug 2026 | $156 | 1,356,079 |
| Rutherford Elec Member Corp Cooperative · serves Mitchell | 13.6¢ Jan–Aug 2026 | $146 | 70,743 |
| French Broad Elec Member Corp Cooperative · serves Mitchell | 14.8¢ 2024 | $114 | 36,147 |
Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Mitchell; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.
North Carolina price trend
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 28765
How much does electricity cost in 28765?
About 12.5¢ per kWh for homes (Mountain Electric Coop, Inc., 2024 average, EIA). At 900 kWh a month that is roughly $113.
Who is the electric utility for 28765?
Mountain Electric Coop, Inc., with about 15,491 residential customers in North Carolina; 3 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¢.