Energy Prices

As of March 2026, the average monthly electricity bill in the U.S. was around $142-$165.

While some Virginia residents experienced significant spikes in electricity bills in early 2026 due to cold weather, rate increases, and rising demand, a usage of 5,000 kilowatt-hours (kWh) per month is extraordinarily high for a typical household and is not representative of average residential con

Duke Energy reported approximately $4.9 billion in net income for 2025 and, as of March 2026, was seeking approval for residential rate increases in North Carolina that were described in filings and public reporting as being up to 18%.

In early 2026, Duke Energy reported approximately $5 billion in net income for 2025, and had proposed an 18% energy rate increase in North Carolina.