Commercial Energy in Raleigh, NC

Commercial electricity in Raleigh averages approximately 9.4¢/kWh based on North Carolina state data (EIA 2025 commercial sector averages). Your actual rate depends on your utility rate schedule, demand charges, power factor, and in deregulated markets, your chosen retail supplier. Contact Duke Energy Progress or a licensed energy broker for current quotes.

The primary commercial electric utility in Raleigh is Duke Energy Progress. Raleigh operates under a regulated utility structure — Duke Energy Progress supplies electricity at rates approved by the state public utilities commission.

Raleigh businesses are eligible for federal incentives including the 30% Investment Tax Credit (ITC) for solar and battery storage, the 179D tax deduction (up to $5.36/sqft for energy-efficient commercial buildings), and the 40% bonus depreciation for qualifying equipment in 2026. North Carolina state incentives through DSIRE apply. Your utility — Duke Energy Progress — may also offer direct rebates for qualifying commercial efficiency upgrades. Use our Incentive Finder for a personalized list.

Commercial solar ROI in Raleigh depends on your utility rate, available roof space, local solar irradiance, and federal + North Carolina incentives. NC has High solar potential, meaning commercial solar projects in Raleigh typically achieve payback periods of 5–8 years after federal ITC and bonus depreciation. Get a free energy audit for a site-specific analysis.

C-PACE financing is not yet broadly available in North Carolina as of 2026. Check with your county assessor or the PACENation database for updated availability. Alternative financing options include PACE loans from private lenders, equipment financing, and utility on-bill financing programs.