WattBuy’s Guide toElectricity in
Electricity in
Lake Park
North Carolina
North Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in Lake Park
January
$185February
$139March
$119April
$93lowestMay
$120June
$181July
$240highestAugust
$212September
$210October
$121November
$122December
$133Carbon Emissions
860 lbs CO₂
Monthly Usage
1,098 kWh
Lake Park's energy comes from Natural Gas, Nuclear, Coal, Solar, and Hydroelectric. Natural Gas is the largest source of electricity, providing 47% of Lake Park's energy. Nuclear is the second largest source, making up 28%. Coal provides 11% of the energy in Lake Park. Solar provides 10% of the energy in Lake Park. Hydroelectric provides 3% of the energy in Lake Park.
47%
Natural Gas
28%
Nuclear
11%
Coal
10%
Solar
3%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
943 kWh
Energy generated by average sized system
$18,021
Average system cost
(after federal incentive)
12 years
Payback period
Net metering policies in Lake Park 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 - Split Systems | $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 |
| Heat Pump Water Heaters | $750 | Dominion Energy South Carolina, Inc | See Details |
| Central Air Conditioning - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Light Bulbs | Varies | Duke Energy Carolinas | See Details |
| Heat Pump Water Heaters | $350 | Duke Energy Carolinas | See Details |
| Air-Source Heat Pump - Single Package | $400-$500 | 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 Electric Water Heating and Space Conditioning | Fixed | 11¢ to 12¢ |
| Residential Service, Energy Star(Standard) | Fixed | 12¢ |
| Residential Service | Fixed | 13¢ |
| Residential Service, Energy Star (All-Electric) | Fixed | 11¢ to 12¢ |
Union Electric Membership Corp has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Time-of-Day ServiceSingle-Phase (≤ 400amps) | TOU | 4¢ to 52¢ |
| General Service | Fixed | 9¢ to 10¢ |
| Residential All-Electric Service | Fixed | 8¢ to 9¢ |
| Residential Time-of-Day Service(3-phase Residential) | TOU | 4¢ to 52¢ |
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