Carteret Craven Electric Cooperative: Rates and Coverage Area

Carteret Craven Electric Cooperative

Electricity Rates, Plans & Statistics

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About Carteret Craven Electric Cooperative

Carteret Craven Electric Cooperative provides electricity for 12 cities in the state. The entity is an electricity cooperative. On average, Carteret Craven Electric Cooperative charges their patrons a residential electricity rate of 13.61 cents per kilowatt hour, which is 13.66% lower than the national average price of 15.76 cents. In 2022 Carteret Craven Electric Cooperative sold 607,423 megawatt hours by way of retail sales to end users. Of the megawatt hours they sourced, 638,162 megawatt hours were obtained via the wholesale electricity market. In 2022, the provider earned 99.02% of their revenue from retail electricity sales to end users. Their revenue from all electricity related activities was $67,541,000.

The North Carolina average monthly residential electricity bill is $142.72, while the Carteret Craven Electric Cooperative average is 6.31% lower at $134.06 per month. This is the 27th 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 103 providers reporting energy loss in North Carolina.

Carteret Craven Electric Cooperative Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.152/kWh$0.102/kWh$166.48/mo.$85.18/mo.
1469th13.61¢Carteret Craven Electric Cooperative's Average residential price per kWh
1776th$134.06Average monthly electricity bill for Carteret Craven Electric Cooperative's residential customers

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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

815 National Rank

Power Outages

Currently, 0 customers are being tracked in Carteret Craven Electric Cooperative.

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Customers Out:

0

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Carteret Craven Electric Cooperative Coverage Map

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Carteret Craven Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina42,33877,771,923.4923100%

Carteret Craven Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carteret County69,380214.12$142.59/mo
Craven County100,874415.06$151.98/mo
Jones County9,326413.49$144.19/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

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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 $134.06.

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 13.61 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.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-05-05