WattBuy’s Guide toElectricity in
Electricity in
Siloam
North Carolina
North Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in Siloam
January
$202highestFebruary
$152March
$119April
$115lowestMay
$116June
$127July
$138August
$128September
$122October
$123November
$120December
$161Carbon Emissions
623 lbs CO₂
Monthly Usage
1,081 kWh
Siloam's energy comes from Natural Gas, Nuclear, Coal, Solar, Hydroelectric, and Wind. Natural Gas is the largest source of electricity, providing 38% of Siloam's energy. Nuclear is the second largest source, making up 28%. Coal provides 24% of the energy in Siloam. Solar provides 6% of the energy in Siloam. Hydroelectric provides 2% of the energy in Siloam. Wind provides 1% of the energy in Siloam.
38%
Natural Gas
28%
Nuclear
24%
Coal
6%
Solar
2%
Hydroelectric
1%
Wind
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
0 kWh
Energy generated by average sized system
$12,550
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in Siloam can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
| incentive | savings | utility | |
| Air-Source Heat Pump - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Air-Source Heat Pump - Split Systems | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Light Bulbs | Varies | Duke Energy Carolinas | See Details |
| Central Air Conditioning - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Light Bulbs | Varies | Dominion Energy South Carolina, Inc | See Details |
| Heat Pump Water Heaters | $350 | Duke Energy Carolinas | See Details |
| Central Air Conditioning - Split Systems | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Heat Pump Water Heaters | $750 | Dominion Energy South Carolina, Inc | See Details |
| Light Fixtures | Varies | Duke Energy Carolinas | See Details |
Duke Energy Carolinas - North Carolina has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service, Energy Star(Standard) | Fixed | 11¢ |
| Residential Service Electric Water Heating and Space Conditioning | Fixed | 10¢ to 12¢ |
| Residential Service, Energy Star (All-Electric) | Fixed | 10¢ to 11¢ |
| Residential Service, Time of Use | TOU | 5¢ to 436¢ |
| Residential Service | Fixed | 12¢ |
Surry-Yadkin Elec Member Corp has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Rate 2 - Residential All-Electric Service | Fixed | 9¢ to 11¢ |
| Rate 10 - Residential Time-of-Day Service | TOU | 6¢ to 28¢ |
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