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Comprehensive Local Electricity Guide

Franklin Electricity Rates

Commercial Electricity in Franklin

^ The average commercial electricity rate in Franklin, NC is 8.31¢/kWh.[1]

Residential Electricity in Franklin

^ The average residential electricity rate in Franklin, NC is 10.56¢/kWh.[1]

Industrial Electricity in Franklin

^ The average industrial electricity rate in Franklin, NC is 7.48¢/kWh.[1]

NC Electricity

Franklin, NC Electricity Statistics

Commercial electricity rates in Franklin


  • Commercial Electricity in Franklin
    • The average commercial electricity rate in Franklin is 8.31¢/kWh.[1]
    • This average (commercial) electricity rate in Franklin is 4.04% less than the North Carolina average rate of 8.66¢/kWh.[2]
    • The average (commercial) electricity rate in Franklin is 17.64% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Franklin


  • Residential Electricity in Franklin
    • The average residential electricity rate in Franklin is 10.56¢/kWh.[1]
    • This average (residential) electricity rate in Franklin is 3.21% less than the North Carolina average rate of 10.91¢/kWh.[2]
    • The average (residential) electricity rate in Franklin is 11.11% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Franklin


  • Industrial Electricity in Franklin
    • The average industrial electricity rate in Franklin is 7.48¢/kWh.[1]
    • This average (industrial) electricity rate in Franklin is 16.51% greater than the North Carolina average rate of 6.42¢/kWh.[2]
    • The average (industrial) electricity rate in Franklin is 12.14% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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North Carolina Electricity Rates & Consumption

Commercial electricity in North Carolina


  • Commercial electricity rates in NC [3]
    • The average commercial electricity rate in North Carolina is 8.66¢/kWh, which ranks 34th in the nation and is 14.17% less than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in NC [3]
    • Commercial electricity consumption in North Carolina averages 5,941 kWh/month, which ranks 23rd in the nation and is 4.76% less than the national average of 6,238 kWh/month.
  • Commercial electricity bills in NC [3]
    • The average monthly commercial electricity bill in North Carolina is $515, which ranks 32nd in the nation and is 18.12% less than the national average of $629.
  • electricity Learn more about commercial electricity in North Carolina

Residential electricity in North Carolina


  • Residential electricity rates in North Carolina [3]
    • The average residential electricity rate in North Carolina is 10.91¢/kWh, which ranks 32nd in the nation and is 8.16% less than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in NC [3]
    • Residential electricity consumption in North Carolina averages 1,077 kWh/month, which ranks 15th in the nation and is 19.27% greater than the national average of 903 kWh/month.
  • Residential electricity bills in NC [3]
    • The average monthly residential electricity bill in North Carolina is $117, which ranks 14th in the nation and is 9.35% greater than the national average of $107 per month.
  • electricity Learn more about residential electricity in North Carolina

Industrial electricity in North Carolina


  • Industrial electricity rates in North Carolina [3]
    • The average industrial electricity rate in North Carolina is 6.42¢/kWh, which ranks 28th in the nation and is 3.75% less than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in NC [3]
    • Industrial electricity consumption in North Carolina averages 215,535 kWh/month, which ranks 16th in the nation and is 92.17% greater than the national average of 112,158 kWh/month.
  • Industrial electricity bills in NC [3]
    • The average monthly industrial electricity bill in North Carolina is $13,843, which ranks 16th in the nation and is 84.99% greater than the national average of $7,483.
  • electricity Learn more about industrial electricity in North Carolina

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Household Income in Franklin, NC

Franklin, NC Income Breakdown [4]


Income Summary for Franklin, NC


    • Household income: The city of Franklin has a median household income of $50,262, versus $58,522 for the U.S.[4]
    • Compared to the U.S.: Median household income in Franklin is approximately 14 percent less than the median income for the entire United States.[4]
    • Poverty level: Approximately 19 percent of Franklin households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in North Carolina is about $117/month, ranking 14th in the U.S. and 9.35% greater than the national average of $107.[5]

Income: Franklin vs. Nation [4]


Additional information about Franklin

About Franklin

Franklin is a town located in Macon County in the state of North Carolina, and has a population of approximately 3,845.[6]

NC Electricity

More about Franklin utilities

For more information about Franklin electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

One way to produce electricity is by hydropower, where electricity is generated by water spinning turbines attached to generators.

Additional Cities in NC

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

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