North Carolina · City
Commercial electricity in Concord, North Carolina
Which electric utilities serve businesses in Concord, what each charged commercial customers in EIA’s 2025 data, and where North Carolina’s prices stand.
EIA lists 5 electric utilities in Cabarrus County, which contains Concord. City of Concord, the city’s own utility, averaged 10.61¢ per kWh for its commercial customers in 2025. North Carolina’s average commercial price was 10.57¢ per kWh over the 12 months to August 2026.
Source: EIA Form EIA-861 (2025) and Form EIA-861M; U.S. Census Bureau
Electric utilities serving Concord
These are the utilities EIA records in Cabarrus County. EIA lists a utility in a county when it has customers anywhere in it, so this is everyone with a presence, ordered by commercial customers across North Carolina, not a statement about any one address. Prices are EIA’s averages over all of each utility’s commercial customers: revenue divided by kWh.
City of Concord is a city-owned utility named for Concord, and city-owned utilities usually serve the area inside the city’s limits, so it is the likely utility for many addresses there. It billed its 4,356 commercial customers an average 10.61¢ per kWh in 2025.
| Utility | Type | Commercial customers in NC | Average commercial price, 2025 |
|---|---|---|---|
| City of Concord | Municipal | 4,356 | 10.61¢ |
| Duke Energy Carolinas | Investor-owned | 309,423 | 9.25¢ |
| EnergyUnited | Cooperative | 20,548 | 9.84¢ |
| Dominion Energy North Carolina | Investor-owned | 19,397 | 10.63¢ |
| Union Electric Membership Corp | Cooperative | 3,295 | 11.22¢ |
Find the list for a single ZIP Code with the utility lookup, or set utilities side by side with the comparison tool.
What businesses in Concord pay
Across North Carolina, businesses paid an average 10.57¢ per kWh over the 12 months to August 2026, 23.8% below the U.S. average of 13.87¢, and up 2.2% on the 12 months before. That ranks North Carolina 42 of 51, where 1 is the highest price. In 2025 the average commercial account in the state used 5,559 kWh a month, about $568 a month at the state price; that is a mean pulled up by a few very large users, so most small businesses use less.
A city has no price of its own: two businesses on the same street can pay very different amounts per kWh, because the rate schedule, the size of the peak and, where it is allowed, the supply contract matter more than the location. The North Carolina page has the state’s price history since 2010 and every utility with at least 500 commercial customers.
Choosing a supplier in Concord
North Carolina commercial accounts purchase supply from their regulated utility. Rate schedule fit and demand charges drive the controllable cost.
Where prices are heading
EIA does not forecast single states. For the South Atlantic census division, which includes North Carolina, its November 2026 Short-Term Energy Outlook puts the average commercial price at 12.20¢ per kWh for 2026 and 12.31¢ for 2027, up 8.1% from 11.39¢ in 2025. The forecast for every region.
About Concord
The Census Bureau estimates Concord had 114,598 residents on July 1, 2025, up 9.3% from 104,889 in 2020. It lies in Cabarrus County.
Other cities in North Carolina
Common questions
- Who provides electricity to businesses in Concord?
- EIA lists City of Concord, Duke Energy Carolinas, EnergyUnited and Dominion Energy North Carolina and 1 more as electric utilities in Cabarrus County. Which one serves a given address depends on the street; the utility on an existing bill is the definitive answer, and a utility can confirm service for a new site.
- What is the average commercial electricity rate in Concord?
- There is no official figure for a city. EIA publishes prices by state and by utility: City of Concord averaged 10.61¢ per kWh for its commercial customers in 2025, and North Carolina averaged 10.57¢ over the 12 months to August 2026. A business’s own price depends on its rate schedule, its demand and, where it can choose, its supply contract.
- Can a business in Concord choose its electricity supplier?
- North Carolina commercial accounts purchase supply from their regulated utility. Rate schedule fit and demand charges drive the controllable cost. The state page for North Carolina explains how it works and who regulates it.
Averages describe Concord; a bill describes your business. A person can read yours: rate schedule, demand, riders, contract window. Nobody calls unless you ask.