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Overview
Data

Analysis

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, North Carolina

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, North Carolina
Year	Coal	Natural gas ^a		Petroleum				Nuclear fuel	Biomass	Electricity imports ^c	Total energy ^d
	Coal	Natural gas ^a		Distillate fuel oil	Petroleum coke	Residual fuel oil	Total	Nuclear fuel	Wood and waste ^b	Electricity imports ^c	Total energy ^d
	Prices in dollars per million Btu
1970	0.41	0.37		0.83	—	0.69	0.79	—	—	—	0.41
1971	0.45	0.47		0.90	—	0.74	0.81	—	—	—	0.46
1972	0.44	0.48		0.65	—	0.55	0.57	—	—	—	0.45
1973	0.48	0.51		0.87	—	0.60	0.62	—	—	—	0.49
1974	1.07	0.92		2.30	—	1.77	1.83	—	—	—	1.12
1975	1.07	1.41		2.22	—	1.78	1.89	0.29	—	—	1.05
1976	1.10	3.38		2.44	—	1.79	1.96	0.32	—	—	1.07
1977	1.24	4.13		2.73	—	2.12	2.55	0.47	—	—	1.18
1978	1.38	3.01		2.80	—	1.91	2.19	0.43	—	—	1.22
1979	1.46	2.95		3.80	—	2.92	3.26	0.37	—	—	1.33
1980	1.57	3.15		5.82	—	3.82	5.82	0.36	—	—	1.48
1981	1.73	4.48		7.37	—	—	7.37	0.37	—	—	1.62
1982	1.88	4.48		7.06	—	4.36	7.05	0.41	—	—	1.68
1983	1.89	4.70		5.98	—	—	5.98	0.44	—	—	1.62
1984	1.95	5.21		5.91	—	4.64	5.91	0.58	—	—	1.55
1985	1.98	4.78		5.68	—	—	5.68	0.54	—	—	1.57
1986	1.85	2.74		3.48	—	—	3.48	0.53	—	—	1.47
1987	1.79	3.09		3.91	—	—	3.91	0.56	—	—	1.30
1988	1.78	3.37		3.49	—	—	3.49	0.59	—	—	1.30
1989	1.77	3.48		3.99	—	—	3.99	0.55	0.67	—	1.33
1990	1.78	3.12		5.12	—	—	5.12	0.54	0.46	—	1.35
1991	1.78	2.68		4.74	—	—	4.74	0.52	0.50	—	1.30
1992	1.73	2.86		4.41	—	—	4.41	0.51	0.51	—	1.38
1993	1.70	3.52		4.05	—	—	4.05	0.48	0.55	—	1.36
1994	1.68	3.26		3.84	—	—	3.84	0.49	0.56	—	1.24
1995	1.63	2.33		3.82	—	—	3.82	0.51	0.70	—	1.21
1996	1.48	3.01		4.68	—	2.85	4.67	0.47	0.59	—	1.15
1997	1.43	3.11		4.28	1.06	2.68	4.24	0.47	0.50	—	1.13
1998	1.44	2.68		3.11	0.60	—	2.77	0.45	0.61	—	1.10
1999	1.44	2.83		3.98	—	—	3.98	0.44	0.67	—	1.11
2000	1.43	4.32		6.16	—	—	6.16	0.30	0.67	—	1.09
2001	1.59	4.35		5.84	—	—	5.84	0.43	1.36	—	1.25
2002	1.75	3.49		4.99	—	—	4.99	0.44	1.64	—	1.35
2003	1.79	5.74		6.46	—	—	6.46	0.43	1.58	—	1.37
2004	2.01	6.76		8.31	—	—	8.31	0.42	1.46	—	1.55
2005	2.40	9.99		11.73	—	—	11.73	0.41	2.28	—	1.91
2006	2.69	7.64		13.99	—	—	13.99	0.43	2.32	—	2.05
2007	2.75	7.94		14.91	—	—	14.91	0.41	2.42	—	2.17
2008	3.26	11.00		19.76	—	—	19.76	0.43	2.66	—	2.56
2009	3.59	7.63		12.28	—	—	12.28	0.50	2.20	—	2.57
2010	3.52	6.49		16.49	—	—	16.49	0.53	2.40	—	2.68
2011	3.63	5.86		22.01	—	—	22.01	0.58	2.44	—	2.68
2012	3.77	4.36		23.18	—	—	23.18	0.59	2.21	—	2.66
2013	3.80	4.99		22.55	—	—	22.55	0.65	2.26	—	2.84
2014	3.58	6.06		22.10	—	—	22.10	0.66	2.73	—	3.01
2015	3.47	4.64		13.22	—	—	13.22	0.63	2.62	—	2.68
2016	3.10	3.68		10.58	—	—	10.58	0.63	2.54	—	2.29
2017	2.97	4.03		12.88	—	—	12.88	0.67	2.40	9.18	2.33
2018	3.15	4.31		17.12	—	—	17.12	0.62	2.22	10.74	2.58
2019	2.80	3.58		14.67	—	—	14.67	0.60	2.33	—	2.15
2020	2.54	3.24		10.62	—	—	10.62	0.60	1.80	—	1.89
2021	2.67	4.40		15.85	—	—	15.85	0.80	2.39	—	2.51
2022	3.55	7.31		25.14	—	—	25.14	0.56	2.69	—	4.03
2023	4.68	4.97	[R ]	24.50	—	—	24.50	0.55	2.93	—	3.00	[R ]
2024	4.50	4.79		18.80	—	—	18.80	0.57	2.97	—	3.00
	Expenditures in million dollars
1970	173.8	8.0		6.9	—	1.9	8.9	—	—	—	190.7
1971	196.1	10.0		4.9	—	5.1	10.0	—	—	—	216.1
1972	198.8	8.4		3.4	—	14.2	17.6	—	—	—	224.8
1973	234.7	4.0		2.9	—	23.0	25.9	—	—	—	264.7
1974	511.6	1.0		8.1	—	53.5	61.6	—	—	—	574.2
1975	465.1	0.1		1.2	—	2.6	3.9	4.4	—	—	473.6
1976	557.3	(s)		3.2	—	7.1	10.3	8.9	—	—	576.5
1977	628.9	(s)		13.6	—	4.4	18.0	28.8	—	—	675.7
1978	632.4	(s)		10.4	—	15.8	26.2	46.6	—	—	705.2
1979	749.8	1.8		3.6	—	4.3	7.9	27.3	—	—	786.8
1980	919.7	5.5		19.0	—	(s)	19.0	22.9	—	—	967.2
1981	1,055.0	4.2		20.6	—	—	20.6	25.5	—	—	1,105.3
1982	1,084.8	0.4		13.6	—	(s)	13.6	41.5	—	—	1,140.2
1983	1,030.2	0.8		16.2	—	—	16.2	58.8	—	—	1,105.9
1984	987.6	0.7		11.6	—	(s)	11.6	127.5	—	—	1,127.3
1985	967.8	2.9		14.7	—	—	14.7	109.8	—	—	1,095.2
1986	953.1	3.2		7.1	—	—	7.1	113.4	—	—	1,076.8
1987	775.2	3.7		9.9	—	—	9.9	165.9	—	—	954.7
1988	793.1	3.7		9.3	—	—	9.3	180.9	—	—	987.0
1989	926.9	6.1		13.0	—	—	13.0	171.1	0.4	—	1,117.5
1990	871.9	9.0		11.6	—	—	11.6	149.0	0.8	—	1,042.4
1991	884.4	11.3		10.3	—	—	10.3	165.7	3.3	—	1,075.1
1992	987.8	12.8		8.2	—	—	8.2	120.4	3.3	—	1,132.4
1993	1,055.8	11.9		9.6	—	—	9.6	120.9	3.5	—	1,201.6
1994	952.2	5.1		10.5	—	—	10.5	165.5	4.6	—	1,137.9
1995	969.8	13.5		11.8	—	—	11.8	193.6	4.6	—	1,193.2
1996	1,009.7	11.1		16.3	—	0.1	16.3	166.6	3.5	—	1,207.3
1997	1,010.5	18.9		12.7	(s)	(s)	12.7	160.9	3.1	—	1,206.2
1998	1,009.2	37.6		11.9	0.4	—	12.2	184.2	4.2	—	1,247.4
1999	998.4	35.9		15.6	—	—	15.6	172.5	4.4	—	1,226.9
2000	1,050.8	56.9		41.9	—	—	41.9	123.9	4.5	—	1,277.9
2001	1,127.1	72.4		29.9	—	—	29.9	171.2	8.8	—	1,409.4
2002	1,267.0	112.2		23.6	—	—	23.6	182.8	10.4	—	1,596.0
2003	1,298.0	82.9		43.5	—	—	43.5	182.9	9.8	—	1,617.1
2004	1,478.2	146.1		31.4	—	—	31.4	175.8	9.7	—	1,841.1
2005	1,850.8	273.5		37.4	—	—	37.4	169.5	16.5	—	2,347.7
2006	2,000.2	219.6		38.4	—	—	38.4	177.3	19.6	—	2,455.1
2007	2,188.6	322.8		45.3	—	—	45.3	170.2	20.6	—	2,747.6
2008	2,479.9	400.3		54.5	—	—	54.5	179.5	21.2	—	3,135.4
2009	2,334.4	306.7		34.3	—	—	34.3	213.3	24.3	—	2,913.0
2010	2,536.4	477.6		50.3	—	—	50.3	224.1	32.1	—	3,320.6
2011	2,178.8	528.9		48.4	—	—	48.4	244.2	37.9	—	3,038.1
2012	1,938.2	661.4		45.7	—	—	45.7	242.8	39.7	—	2,927.7
2013	1,794.3	1,011.8		50.9	—	—	50.9	274.5	41.0	—	3,172.5
2014	1,723.7	1,267.2		111.9	—	—	111.9	281.9	54.8	—	3,439.5
2015	1,345.6	1,293.0		60.2	—	—	60.2	279.1	43.4	—	3,021.3
2016	1,131.6	1,116.2		29.1	—	—	29.1	283.5	45.2	—	2,605.5
2017	996.2	1,161.5		35.0	—	—	35.0	297.0	50.2	(s)	2,540.0
2018	985.4	1,462.4		118.8	—	—	118.8	271.1	42.8	0.1	2,880.5
2019	859.7	1,120.6		29.1	—	—	29.1	260.7	46.7	—	2,316.7
2020	542.8	1,016.3		14.1	—	—	14.1	263.5	31.3	—	1,868.0
2021	564.9	1,641.7		32.7	—	—	32.7	361.7	28.8	—	2,629.8
2022	539.9	3,494.4		74.2	—	—	74.2	249.5	26.2	—	4,384.3
2023	693.2	2,051.9	[R ]	24.0	—	—	24.0	244.6	28.6	—	3,042.3	[R ]
2024	802.2	2,143.5		32.7	—	—	32.7	257.0	24.0	—	3,259.4

Footnotes:

^a Includes supplemental gaseous fuels that are commingled with natural gas.

^b Wood, wood-derived fuels, and biomass waste. Beginning in 2006, includes small amount of other biomass liquids that are biodiesel. Prior to 2001, includes non-biomass waste.

^c Electricity imported from Canada and Mexico.

^d There are no direct fuel costs for hydroelectric, geothermal, solar, or wind energy.

Where shown, R = Revised data, — = No consumption, and (s) = Value less than 0.05 million dollars.

Notes: · Expenditure totals may not equal sum of components due to independent rounding. · The electric power sector consists of electricity-only and combined-heat-and-power (CHP) plants within the NAICS 22 category whose primary business is to sell electricity, or electricity and heat, to the public. · Through 1988, data are for electric utilities only. Beginning in 1989, data include independent power producers.

Web page: All data are available at https://www.eia.gov/state/seds/seds-data-complete.php.

Data source: U.S. Energy Information Administration, State Energy Data System. See technical notes. https://www.eia.gov/state/seds/