Carteret Craven Electric Cooperative: Rates and Coverage Area

Carteret Craven Electric Cooperative

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Carteret Craven Electric Cooperative

Carteret Craven Electric Cooperative provides electricity for 12 cities in the state. The entity is an electricity cooperative. Electricity companies must regularly report their customer counts to government agencies. Most recently the provider disclosed a total of 42,141 customers receiving their services. Exactly 37,956 of these are residential properties and 4,185 are commercial properties. The residential electricity price for consumers of Carteret Craven Electric Cooperative is, on average, 11.32 cents per kilowatt hour. Fortunately, this is 12.47% lower than the state's average rate of 12.93 cents, resulting in the company ranking 7th lowest for average electricity price out of 108 companies in North Carolina. The provider sold 607,423 megawatt hours via retail sales in 2022. Of the megawatt hours they sourced, 638,162 megawatt hours were purchased via the wholesale market. In 2022, the company earned a total of $66,878,000 from retail electricity sales to end users. Their total revenue from all electricity activities was $67,541,000.

The North Carolina average monthly residential electricity bill is $127.16, while the Carteret Craven Electric Cooperative average is 8.14% lower at $116.35 per month. This is the 26th lowest average monthly bill amount for a provider in North Carolina. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other suppliers and then resell to their customers.

Energy Loss

Energy loss is a fact of life when dealing with electricity transmission. Carteret Craven Electric Cooperative currently averages a loss of approximately 4.74% of the electricity they produce. The state of North Carolina has an energy loss average of 3.47% and the US average is 2.87%, resulting in Carteret Craven Electric Cooperative receiving a rank of 27th best out of 104 providers reporting energy loss in North Carolina.

Carteret Craven Electric Cooperative Rate & Electric Bills

Carteret Craven Electric Cooperative residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.119/kWh$0.113/kWh$127.66/mo.$115.94/mo.
711th11.32¢Carteret Craven Electric Cooperative's Average residential price per kWh
1318th$116.35Average monthly electricity bill for Carteret Craven Electric Cooperative's residential customers

Go Solar for less than your cell phone bill.

Carteret Craven Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:1300 Highway 24
    Newport, North Carolina 28570
    United States of America
  • CEO:Jake Joplin

Carteret Craven Electric Cooperative Contact

Carteret Craven Electric Cooperative Service

Energy Loss

Carteret Craven Electric Cooperative's energy loss due to business operations.

-4.74%

Total Energy Loss

30,231MWh

814 National Rank

Go Solar for less than your cell phone bill.

Carteret Craven Electric Cooperative Coverage Map

Coverage Map Placeholder

Carteret Craven Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina42,14166,878,00023100%

Carteret Craven Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carteret County69,380212.99$131.98/mo
Craven County100,874413.98$140.41/mo
Jones County9,326313.48$138.71/mo

Cities Carteret Craven Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Carteret Craven Electric Cooperative Reviews

Write a Review of Carteret Craven Electric Cooperative

Carteret Craven Electric Cooperative FAQ:

How much is the average bundled bill for Carteret Craven Electric Cooperative customers each month?

Consumers of Carteret Craven Electric Cooperative pay, on average, a monthly bundled bill of $116.35.

Who is the CEO of Carteret Craven Electric Cooperative?

The CEO of Carteret Craven Electric Cooperative is Jake Joplin.

What is the average bundled electricity rate for Carteret Craven Electric Cooperative customers?

The average bundled price of electricity for customers of Carteret Craven Electric Cooperative is 11.32 cents per kilowatt hour (¢/kWh).

How many counties does Carteret Craven Electric Cooperative supply electricity to?

Carteret Craven Electric Cooperative provides electricity to customers in 3 counties in the nation including North Carolina.

What is the phone number for Carteret Craven Electric Cooperative?

Carteret Craven Electric Cooperative's customer service phone number is (252) 247-3107

What cities does Carteret Craven Electric Cooperative offer service to?

Carteret Craven Electric Cooperative has customers in 12 cities throughout the United States.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2023-12-06