WattBuy’s Guide toElectricity in
Electricity in
Balsam
North Carolina
North Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in Balsam
January
$279highestFebruary
$156March
$125April
$117May
$114lowestJune
$120July
$131August
$124September
$116October
$124November
$128December
$174Carbon Emissions
655 lbs CO₂
Monthly Usage
1,138 kWh
Balsam's energy comes from Natural Gas, Nuclear, Coal, Solar, Hydroelectric, and Wind. Natural Gas is the largest source of electricity, providing 38% of Balsam's energy. Nuclear is the second largest source, making up 28%. Coal provides 24% of the energy in Balsam. Solar provides 6% of the energy in Balsam. Hydroelectric provides 2% of the energy in Balsam. Wind provides 1% of the energy in Balsam.
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
$13,559
Average system cost
(after federal incentive)
12 years
Payback period
Net metering policies in Balsam 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 | |
| Heat Pump Water Heaters | $750 | Dominion Energy South Carolina, Inc | See Details |
| 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 Fixtures | Varies | Duke Energy Carolinas | See Details |
| Light Bulbs | Varies | Duke Energy Carolinas | See Details |
| Heat Pump Water Heaters | $350 | 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 |
| Central Air Conditioning - Split Systems | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
Haywood Electric Member Corp has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| 11 Small General Service Three Phase | Fixed | 12¢ |
| PPM-10 Small General Prepay Meter Service Single Phase | Fixed | 12¢ |
| 10 Small General Service Single Phase | Fixed | 12¢ |
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 Electric Water Heating and Space Conditioning | Fixed | 10¢ to 12¢ |
| Residential Service, Time of Use | TOU | 5¢ to 436¢ |
| Residential Service, Energy Star (All-Electric) | Fixed | 10¢ to 11¢ |
| Residential Service | Fixed | 12¢ |
| Residential Service, Energy Star(Standard) | Fixed | 11¢ |
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