11.57¢
per kWh, 2025
[ City of Concord / NC ]
City of Concord electricity rates in North Carolina
CITY SETS RATES · DATA 2025
change in average rate, 2024→2025
−2.3%
vs 2024
30,029
residential customers
+12.8%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at City of Concord's average effective residential rate (11.57¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 10.44¢ | — | 24,848 |
| 2016 | 10.41¢ | −0.3% | 25,209 |
| 2017 | 10.24¢ | −1.6% | 26,042 |
| 2018 | 10.16¢ | −0.8% | 26,586 |
| 2019 | 10.21¢ | +0.5% | 27,182 |
| 2020 | 10.26¢ | +0.5% | 27,921 |
| 2021 | 10.21¢ | −0.5% | 28,092 |
| 2022 | 11.75¢ | +15.1% | 28,391 |
| 2023 | 12.90¢ | +9.8% | 29,058 |
| 2024 | 11.84¢ | −8.2% | 29,857 |
| 2025 | 11.57¢ | −2.3% | 30,029 |
How this compares
14.00¢
North Carolina average, 2025
−17.4%
City of Concord vs NC 2025 average
−32.9%
vs US 2025 average
#52
priciest in NC
Serves 1 county in North Carolina: Cabarrus. 3 ZIP codes.
What the numbers show
Since 2015, City of Concord's average residential rate has gone from 10.44¢ to 11.57¢ per kWh: +10.8% over 10 years, or about +1.0% a year. It rose in 4 of the 10 years we can compare, and the biggest one-year increase was +15.1% in 2022. The largest drop was −8.2% in 2024.
For a home using 1,044 kWh a month, the North Carolina average, City of Concord's 2025 rate works out to about $1,449 a year, $304 less than at North Carolina's average rate of 14.00¢. Of the 54 North Carolina utilities in our data with a 2025 price, it is the 52nd most expensive.
City of Concord served 24,848 homes in 2015 and 30,029 in 2025 (+20.9%), under 1% of North Carolina's residential electricity customers.
Who sets City of Concord's rates
City of Concord is a municipal utility owned by the local government. The city council or a local utility board sets its rates, usually after a public meeting, and the North Carolina Utilities Commission generally does not.
Commission contact: North Carolina Utilities Commission. How we calculate every figure on this page: methodology.
Questions
Is City of Concord raising rates in 2026?
City of Concord's rates are set by the city council or a local utility board, not through a rate case at the North Carolina Utilities Commission, so check its own notices for a change this year. Its average residential rate moved −2.3% from 2024 to 2025.
What does City of Concord charge per kWh?
City of Concord's average effective residential rate was 11.57¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). North Carolina's 2025 average was 14.00¢.
How much have City of Concord rates gone up in five years?
+12.8% between 2020 and 2025, against +33.2% for North Carolina as a whole over the latest five-year window.
How many customers does City of Concord have in North Carolina?
30,029 residential customers in 2025, across 1 county including Cabarrus, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)