Typical customer: Not worth it

City of Morganton and solar

City of Morganton is a municipal utility serving about 7,066 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
12.2¢17% below North Carolina average
Typical bill
$109895 kWh a month
Exports credited
~29%Net billing (reduced export credit)
Typical payback
18.2 yrs4.9 kW, cash

Export rules for City of Morganton customers

Net billing (reduced export credit) (North Carolina rule).

Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.

North Carolina net metering details

Solar for a typical City of Morganton home

System4.9 kW (64% of 895 kWh/month)
Cost$15,015
First-year savings$846
Payback18.2 years
25-year net$6,782

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
7,066

EIA-861, 2025.

Questions about City of Morganton and solar

Does City of Morganton have net metering?

City of Morganton follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.

How much does electricity cost with City of Morganton?

Residential customers paid an average of 11.6¢ per kWh in 2025 (EIA), about 12.2¢ adjusted to 2026. The typical home uses 895 kWh a month, a bill of about $109.

Is solar worth it with City of Morganton?

For a typical customer, solar is not worth it: a 4.9 kW system costing about $15,015 pays back in about 18.2 years, with $6,782 net over 25 years.

How many City of Morganton customers have solar?

City of Morganton did not report residential net-metered solar to EIA for 2025.

Legal name: City of Morganton - (NC) (EIA ID 12944). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.