Cape Hatteras Electric Cooperative
Electricity Rates, Plans & Statistics
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About Cape Hatteras Electric Cooperative
With 8,029 consumers, the provider provides electricity to 1,100 commercial locations and 6,929 residential locations. The residential electricity rate for customers of Cape Hatteras Electric Cooperative is, on average, 15.58 cents per kilowatt hour. Regrettably, this is 20.48% above North Carolina's average rate of 12.93 cents, ranking the provider at 98th out of 108 providers in North Carolina for best average electricity rate. In 2019 they had retail sales of 131,659 megawatt hours. The electricity sourced consisted of megawatt hours that they purchased by way of wholesale channels. They purchased 136,366 on the wholesale market. The total revenue for the company for 2019 from electricity sales was $19,890,000, with $19,384,000 from retail sales to end users.
The US average monthly residential power bill is $132.69, while the Cape Hatteras Electric Cooperative average is 36.35% more at $180.93 per month. Cape Hatteras Electric Cooperative ranks 2731st in the US for average monthly bill amount. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.
Offering net metering to consumers is a win-win situation for Cape Hatteras Electric Cooperative and any people who receive their electricity from the company. Net metering allows residents to sell kilowatt hours back to the grid, making the purchase of solar and other electricity sources a cheaper project.
Cape Hatteras Electric Cooperative Rate & Electric Bills
Cape Hatteras Electric Cooperative residential electric rates are highest in January and the highest average bill is in June.
Historical Electricity Rates:
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Cape Hatteras Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:47109 Light Plant Road
Buxton, North Carolina 27920
United States of America - CEO:Susan Flythe
Cape Hatteras Electric Cooperative Contact
- Website:www.chec.coop
- Customer Service Phone:(252) 995-5616
- Contact Page:www.chec.coop
- Social Media:
Cape Hatteras Electric Cooperative Service
- Rates & Plans:www.chec.coop
- Outage Map:outages.chec.coop
- Outage Phone:(866) 511-9862
- States Served:
- North Carolina
- Counties Served:
- Dare County
- Major Cities Served:
- Buxton CDP
- Frisco CDP
- Hatteras CDP
- Avon CDP
- Salvo CDP
- Rodanthe CDP
- Waves CDP
- Table Of Contents:
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Cape Hatteras Electric Cooperative Coverage Map
Cape Hatteras Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 8,029 | 19,897,000 | 55 | 100% |
Cape Hatteras Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Dare County | 36,718 | 3 | 15.35 | $156.29/mo |
Cape Hatteras Electric Cooperative Reviews
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Cape Hatteras Electric Cooperative FAQ:
How much is the average bundled bill for Cape Hatteras Electric Cooperative customers each month?
Cape Hatteras Electric Cooperative currently has an average monthly bundled electric bill of $180.93, compared to the North Carolina average of $127.16 and the US of $127.16 for bundled service.
What is the phone number for Cape Hatteras Electric Cooperative?
Cape Hatteras Electric Cooperative's customer service phone number is (252) 995-5616
Who is the CEO of Cape Hatteras Electric Cooperative?
Cape Hatteras Electric Cooperative's current CEO is Susan Flythe.
What is the average bundled electricity rate for Cape Hatteras Electric Cooperative customers?
Cape Hatteras Electric Cooperative's current average bundled electricity rate is 15.58 cents per kilowatt hour (¢/kWh), compared to the average North Carolina bundled rate of 12.93 cents and the average United States rate of 15.64 cents.
