WattBuy’s Guide toElectricity in
Electricity in
New London
North Carolina
North Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in New London
January
$277highestFebruary
$174March
$140April
$134lowestMay
$148June
$157July
$165August
$154September
$145October
$145November
$135December
$172Carbon Emissions
590 lbs CO₂
Monthly Usage
1,095 kWh
New London's energy comes from Natural Gas, Nuclear, Solar, Coal, Hydroelectric, and Wind. Natural Gas is the largest source of electricity, providing 37% of New London's energy. Nuclear is the second largest source, making up 35%. Solar provides 13% of the energy in New London. Coal provides 9% of the energy in New London. Hydroelectric provides 4% of the energy in New London. Wind provides 1% of the energy in New London.
37%
Natural Gas
35%
Nuclear
13%
Solar
9%
Coal
4%
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
$12,781
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in New London 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 | $350 | Duke Energy Carolinas | See Details |
| Air-Source Heat Pump - Split Systems | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Air-Source Heat Pump - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Central Air Conditioning - Single Package | $400-$500 | 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 |
| Light Fixtures | Varies | Duke Energy Carolinas | See Details |
| Light Bulbs | Varies | Dominion Energy South Carolina, Inc | See Details |
| Light Bulbs | 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 (All-Electric) | Fixed | 10¢ to 11¢ |
| Residential Service Electric Water Heating and Space Conditioning | Fixed | 10¢ to 12¢ |
| Residential Service, Energy Star(Standard) | Fixed | 11¢ |
| Residential Service, Time of Use | TOU | 5¢ to 436¢ |
| Residential Service | Fixed | 12¢ |
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