RES: Residential Service
Effective 2026-09-01. Fixed charge $14.00/month.
| Period | Price |
|---|---|
| All hours | 16.1¢ |
| All hours | 16.1¢ |
All-in $/kWh: summer (May-Sep) flat 0.16107; winter (Oct-Apr) first 800 kWh 0.16107, additional 0.15107.
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.
Net billing (reduced export credit) — about 3.5¢ per exported kWh, monthly netting.
Same; PowerPair capacity reportedly nearly full.
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
| System | 8.1 kW (90% of 1,061 kWh/month) |
|---|---|
| Cost | $22,535 |
| First-year savings | $1,749 |
| Payback | 13.2 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.
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.
Effective 2026-09-01. Fixed charge $14.00/month.
| Period | Price |
|---|---|
| All hours | 16.1¢ |
| All hours | 16.1¢ |
All-in $/kWh: summer (May-Sep) flat 0.16107; winter (Oct-Apr) first 800 kWh 0.16107, additional 0.15107.
Plan for solar customers. Effective 2025-10-01. Fixed charge $14.00/month.
| Period | Price |
|---|---|
| 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¢ |
EIA-861, 2025.
Same; PowerPair capacity reportedly nearly full. Exported power is credited at about 3.5¢ per kWh.
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.
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.
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.