Cherryville, North Carolina Electric Utility: Rates and Coverage Area

Cherryville, North Carolina Electric Utility

Electricity Rates, Plans & Statistics

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About Cherryville, North Carolina Electric Utility

Cherryville, North Carolina Electric Utility supplies electricity in Cherryville, North Carolina. The company has a total of 2,519 electricity customers. There are 5 industrial customer accounts, 363 commercial accounts and 2,151 residential customers. On average, Cherryville, North Carolina Electric Utility's residential electricity rate is 14.78 cents per kilowatt hour, which is 8.08% more than the average state rate of 13.68 cents and 6.04% lower than the national average of 15.73. They sold 50,727 megawatt hours in 2019 via traditional retail accounts. The electricity sourced was made up of megawatt hours procured by way of the wholesale electricity market. They purchased 53,201 on the wholesale market. In 2019, they made a total of $5,865,000 from business activities relating to the sale and transfer of electricity. They had 98.87% of their revenue coming from retail sales to end users.

The North Carolina average monthly residential electric bill is $136.29, while the Cherryville, North Carolina Electric Utility average is 6.78% lower at $127.1 per month. This is the 23rd lowest average monthly bill amount for a supplier in the state. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.

Cherryville, North Carolina Electric Utility Rate & Electric Bills

Cherryville, North Carolina Electric Utility residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.168/kWh$0.117/kWh$160.19/mo.$87.98/mo.
1980th14.78¢Cherryville, North Carolina Electric Utility's Average residential price per kWh
1639th$127.1Average monthly electricity bill for Cherryville, North Carolina Electric Utility's residential customers

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Cherryville, North Carolina Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:116 South Mountain Street
    Cherryville, North Carolina 28021
    United States of America
  • Director/Superintendent:Ben Stroupe

Cherryville, North Carolina Electric Utility Contact

Cherryville, North Carolina Electric Utility Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Gaston County
  • Major Cities Served:
    • Cherryville

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Cherryville, North Carolina Electric Utility Coverage Map

Coverage Map Placeholder

Cherryville, North Carolina Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina2,5196,091,738.5280100%

Cherryville, North Carolina Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Gaston County234,215613.09$133.26/mo

Cherryville, North Carolina Electric Utility Reviews

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Cherryville, North Carolina Electric Utility FAQ:

What is the phone number for Cherryville, North Carolina Electric Utility?

Cherryville, North Carolina Electric Utility's customer service phone number is (704) 435-1735

Who is the CEO of Cherryville, North Carolina Electric Utility?

The current CEO of Cherryville, North Carolina Electric Utility is Ben Stroupe.

What is the average bundled bill for Cherryville, North Carolina Electric Utility customers each month?

Customers of Cherryville, North Carolina Electric Utility pay, on average, a monthly bundled bill of $127.10.

What is the average bundled electricity rate for Cherryville, North Carolina Electric Utility customers?

The average bundled price of electricity for customers of Cherryville, North Carolina Electric Utility is 14.78 cents per kilowatt hour (¢/kWh).

Fernando García
Last Reviewed By: Fernando García
Published: 2024-05-27