Typical customer: Close call

Duke Energy Progress and solar

Duke Energy Progress is an investor-owned utility serving about 1,527,825 homes in North Carolina, South Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
15.9¢8% above North Carolina average
Typical bill
$1691,061 kWh a month
Exports credited
3.5¢Net billing (reduced export credit)
Typical payback
13.2 yrs8.1 kW, cash

Export rules for Duke Energy Progress customers

Net billing (reduced export credit) — about 3.5¢ per exported kWh, monthly netting.

Same; PowerPair capacity reportedly nearly full.

Source

Residential Solar Choice rider: monthly netting within each TOU period; net excess credited at an avoided-cost-based Net Excess Energy Credit; non-bypassable $/kW charge; minimum bill

North Carolina net metering details

Solar for a typical Duke Energy Progress home

System8.1 kW (90% of 1,061 kWh/month)
Cost$22,535
First-year savings$1,749
Payback13.2 years
25-year net$24,841

Uses the utility's average price; time-of-use plans can change this, so pick your plan in the calculator.

Current residential rate plans

Rates we verified from Duke Energy Progress's tariff documents. Prices are per kWh including the main riders where noted; check your bill for the plan you're on.

RES: Residential Service

Effective 2026-09-01. Fixed charge $14.00/month.

PeriodPrice
All hours16.1¢
All hours16.1¢

All-in $/kWh: summer (May-Sep) flat 0.16107; winter (Oct-Apr) first 800 kWh 0.16107, additional 0.15107.

Tariff document

R-TOU-CPP: Residential Time of Use with Critical Peak Pricing (solar customers under Residential Solar Choice)

Plan for solar customers. Effective 2025-10-01. Fixed charge $14.00/month.

PeriodPrice
6pm–9pm (5 months)25.4¢
1am–6am (5 months)11.8¢
12am–1am, 6am–6pm, 9pm–12am (5 months)14.5¢
6am–9am (7 months)25.4¢
1am–3am, 11am–4pm (7 months)11.8¢
12am–1am, 3am–6am, 9am–11am, 4pm–12am (7 months)14.5¢

Tariff document

Solar adoption

Homes with solar (2025)
29,562
Share of customers
1.9%
Residential solar capacity
227 MW
Residential customers
1,527,825

EIA-861, 2025.

Questions about Duke Energy Progress and solar

Does Duke Energy Progress have net metering?

Same; PowerPair capacity reportedly nearly full. Exported power is credited at about 3.5¢ per kWh.

How much does electricity cost with Duke Energy Progress?

Residential customers paid an average of 15.1¢ per kWh in 2025 (EIA), about 15.9¢ adjusted to 2026. The typical home uses 1,061 kWh a month, a bill of about $169.

Is solar worth it with Duke Energy Progress?

For a typical customer, solar is a close call: a 8.1 kW system costing about $22,535 pays back in about 13.2 years, with $24,841 net over 25 years.

How many Duke Energy Progress customers have solar?

About 29,562 homes had net-metered solar at the end of 2025, roughly 1.9% of residential customers (EIA-861).

Legal name: Duke Energy Progress - (NC) (EIA ID 3046). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026, utility tariff sheets.