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ElectricityRatePerKWh

Town of High Point Electricity Rate per kWh (2024 EIA Data)

Municipal|EIA utility 8571|North Carolina|Bundled

In 2024, Town of High Point's residential customers paid an average of 11.63 cents per kWh: $47 million of revenue over 402,417 MWh of sales across 38,079 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
11.63¢
per kWh, bundled
vs NC avg 2024
-17.7%
state 14.13c
Bundled res. customers
38,079
44,195 all sectors
Rank in NC by res. accounts
#16 of 55
0.7% of state residential MWh

How the 11.63c figure is calculated

11.63c/kWh = $46,800k revenue / 402,417 MWh x 100. This is EIA's average realised price for 2024: everything Town of High Point billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $116 before taxes.

About Town of High Point's 2024 electricity prices

Town of High Point is a municipally owned electric utility that reports to the U.S. Energy Information Administration under utility number 8571. In 2024 it served 38,079 bundled residential customers in North Carolina, and its average realised residential price was 11.63 cents per kWh: $47 million of residential revenue divided by 402,417 MWh of residential sales.

Across the other sectors, Town of High Point's 2024 average prices were 10.52 cents for commercial customers (5,926 accounts) and 9.38 cents for industrial customers (190 accounts). Industrial customers paid 2.25 cents less per kWh than households, a 19% discount that is typical of high-volume, high-voltage service.

Within North Carolina, Town of High Point ranked number 16 of 55 utilities with bundled or delivery service by residential accounts served (38,079) and accounted for 0.65% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.13 cents per kWh, so Town of High Point's customers paid 2.50 cents below the North Carolina average (-17.7%). For context, EIA's latest monthly figure for North Carolina is 14.74 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Town of High Point in 4 North Carolina counties: Davidson, Forsyth, Guilford, and Randolph. On the grid side it operates in the SERC NERC region, and reported distribution as its activities. Balancing authority code: DUK.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 11.66 cents per kWh for Town of High Point in North Carolina across 38,553 residential customers, 0.03 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in North Carolina by service-territory centroid are City of Lexington (NC) (14.2 miles away, 11.75 cents), Randolph Electric Member Corp (32.8 miles away, 15.91 cents), EnergyUnited Elec Member Corp (33.9 miles away, 11.54 cents), Surry-Yadkin Elec Member Corp (40.4 miles away, 16.06 cents), and City of Albemarle (NC) (44.8 miles away, 10.85 cents).

2024 sales by sector in North Carolina (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential38,079402,41746,80011.63
Commercial5,926591,48562,23510.52
Industrial190149,60014,0369.38

Counties served in North Carolina (4)

DavidsonForsythGuilfordRandolph

From the EIA-861 Service Territory file; a listed county can be served in part only.

2025 early release (preliminary, not validated by EIA)

Residential price in North Carolina: 11.66c/kWh (+0.03c vs 2024 final), 38,553 residential customers; commercial 10.77c; industrial 10.01c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.

Nearby and comparable utilities in North Carolina

City of Lexington (NC)Municipal, 14.2 mi between territory centroids
18,053 res. accounts 11.75c
Randolph Electric Member CorpCooperative, 32.8 mi between territory centroids
31,086 res. accounts 15.91c
EnergyUnited Elec Member CorpCooperative, 33.9 mi between territory centroids
121,995 res. accounts 11.54c
Surry-Yadkin Elec Member CorpCooperative, 40.4 mi between territory centroids
28,080 res. accounts 16.06c
City of Albemarle (NC)Municipal, 44.8 mi between territory centroids
11,248 res. accounts 10.85c
EIA-861 facts, 2024
EIA utility number
8571
Ownership type
Municipal
Data year
2024 final (EIA-861)
Primary state
North Carolina
Service type
Bundled (Part A)
Bundled residential customers (NC, price basis)
38,079
Residential accounts served (NC)
38,079
All accounts, all sectors (NC)
44,195
Residential price, 2024
11.63 c/kWh
Commercial price, 2024
10.52 c/kWh
Industrial price, 2024
9.38 c/kWh
Residential sales
402,417 MWh
Residential revenue
$47 million
Rank in North Carolina by residential accounts served
16 of 55
Share of North Carolina residential sales (MWh, not customers)
0.65%
North Carolina average, 2024
14.13 c/kWh
Counties served (NC)
4
NERC region
SERC
Balancing authority
DUK
Reported activities
Distribution
2025 early release (preliminary)
11.66 c/kWh
Change vs 2024 final
+0.03 c/kWh
Registry status
Reported on Form EIA-861 for 2024
North Carolina today
Residential (June 2026)14.74c
Commercial10.51c
Industrial7.87c
North Carolina electricity rate page ->All utilities in North Carolina ->
Energy cost at 11.63c
500 kWh$58.15
750 kWh$87.23
1,000 kWh$116.30
1,500 kWh$174.45

Realised price times usage; fixed charges are already inside the average. Bill calculator ->

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].