Black Creek, North Carolina Electric Utility

About Black Creek, North Carolina Electric Utility

Black Creek, North Carolina Electric Utility supplies electricity in Black Creek, North Carolina and other areas of Wilson County. There are 760 customers of the company. Roughly 15.39% of them are commercial customers and 84.61% of them are residential properties. Black Creek, North Carolina Electric Utility's consumers are charged an average residential electricity rate of 12.78 cents per kilowatt hour, which is 6.49% less than the US average price of 13.67 cents. This ranks the company 1814th out of 2922 providers in the nation for best average electricity rate. They sold 11,366 megawatt hours in 2019 through traditional retail accounts. The electricity sourced by the company is made up primarily of megawatt hours they acquired by way of wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. The supplier made $1,462,000 in total revenue for 2019 through retail electricity sales alone.

Customers of the provider pay an average monthly residential electricity bill of $143.62. This is 20.73% above the state average bill of $118.54. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers.