WattBuy’s Guide toElectricity in
Electricity in
Spencer
North Carolina
North Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in Spencer
January
$205February
$136March
$112April
$98lowestMay
$113June
$161July
$240highestAugust
$208September
$204October
$116November
$135December
$158Carbon Emissions
864 lbs CO₂
Monthly Usage
1,104 kWh
Spencer's energy comes from Natural Gas, Nuclear, Coal, Solar, and Hydroelectric. Natural Gas is the largest source of electricity, providing 47% of Spencer's energy. Nuclear is the second largest source, making up 28%. Coal provides 11% of the energy in Spencer. Solar provides 10% of the energy in Spencer. Hydroelectric provides 3% of the energy in Spencer.
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.
816 kWh
Energy generated by average sized system
$17,258
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in Spencer 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 | |
| Light Fixtures | Varies | Duke Energy Carolinas | See Details |
| Light Bulbs | Varies | Dominion Energy South Carolina, Inc | See Details |
| Air-Source Heat Pump - Split Systems | $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 |
| Heat Pump Water Heaters | $350 | Duke Energy Carolinas | See Details |
| Light Bulbs | Varies | Duke Energy Carolinas | See Details |
| Central Air Conditioning - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | See Details |
| Air-Source Heat Pump - Single Package | $400-$500 | Dominion Energy South Carolina, Inc | 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 | 11¢ to 12¢ |
| Residential Service, Energy Star(Standard) | Fixed | 12¢ |
| Residential Service Electric Water Heating and Space Conditioning | Fixed | 11¢ to 12¢ |
| Residential Service | Fixed | 13¢ |
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