Albemarle Electric
Electricity Rates, Plans & Statistics
High Power Bills?
Reduce or replace your electricity bill with solar
About Albemarle Electric
The residential electricity price for consumers of Albemarle Electric is, on average, 14.60 cents per kilowatt hour. While this is more than the state average rate of 14.10 cents per kilowatt hour, it is below the nationwide average of 16.22 cents. In 2023 the company had retail sales of 218,188 megawatt hours. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 232,764 megawatt hours were acquired by way of wholesale channels. The revenue for the company for 2023 from electricity sales was $30,632,000, with $30,272,000 from retail sales to end users.
The average monthly residential electric bill for a customer of Albemarle Electric is $187.41 per month, while the US average is $143.38. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.
Fortunately, Albemarle Electric offers net metering choices to customers of the company. This makes it cheaper for people who are interested to install solar and other electricity options as they have the ability to sell unused wattage back to their supplier.
Suppliers regularly report energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Albemarle Electric recently reported a loss of 5.99% of the total electricity production total. This percentage of electricity lost earns them a rank of 56th best out of 103 providers who report energy loss in the state and 1219th best out of 3530 in the country.
Albemarle Electric Rate & Electric Bills
Albemarle Electric residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
Go Solar for less than your cell phone bill.
Albemarle Electric Overview
- Company Type:Cooperative
- Headquarters: 125 Cooperative Way
Hertford, North Carolina 27944
United States of America - CEO:Gary Ray
Albemarle Electric Contact
- Website:www.aemc.coop
- Customer Service Phone:(252) 426-5735
- Contact Page:www.aemc.coop
- Social Media:
Albemarle Electric Service
- Outage Map:outages.aemc.coop
- Outage Phone:(800) 274-2072
- States Served:
- North Carolina
- Counties Served:
- Pasquotank County
- Currituck County
- Chowan County
- Perquimans County
- Camden County
- Major Cities Served:
Energy Loss
Albemarle Electric's energy loss due to business operations.
Total Energy Loss
13,948MWh
1219 National Rank
Power Outages
Currently, 0 customers are being tracked in Albemarle Electric.
Customers Out:
0
Go Solar for less than your cell phone bill.
Albemarle Electric Coverage Map
Albemarle Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 13,970 | 32,949,641.57 | 44 | 100% |
Albemarle Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Camden County | 10,353 | 2 | 14.03 | $174.63/mo |
| Chowan County | 13,796 | 3 | 14.01 | $170.00/mo |
| Currituck County | 27,575 | 2 | 13.50 | $168.96/mo |
| Pasquotank County | 40,240 | 3 | 13.98 | $172.99/mo |
| Perquimans County | 13,002 | 3 | 14.30 | $177.04/mo |
Albemarle Electric Reviews
Write a Review of Albemarle Electric
Albemarle Electric FAQ:
What is the average bundled bill for Albemarle Electric customers each month?
Consumers of Albemarle Electric pay, on average, a monthly bundled bill of $187.41.
How many counties does Albemarle Electric offer service in?
There are 5 counties that receive at least some electricity coverage by Albemarle Electric.
What is the average bundled electricity rate for Albemarle Electric customers?
The average bundled price of electricity for customers of Albemarle Electric is 14.60 cents per kilowatt hour (¢/kWh).
What is the phone number for Albemarle Electric?
You can reach Albemarle Electric by phone via (252) 426-5735.
Who is the CEO of Albemarle Electric?
The CEO of Albemarle Electric is Gary Ray.
