City of Albemarle Power
Electricity Rates, Plans & Statistics
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About City of Albemarle Power
City of Albemarle Power is a municipally owned entity serving Albemarle, North Carolina and other areas of Stanly County. On average, City of Albemarle Power's residential electricity rate is 11.90 cents per kilowatt hour. This is 26.61% less than the national average rate of 16.22 cents, resulting in the provider ranking 640th best for average electricity rate out of 2885 providers in the US. There were a total of 271,488 megawatt hours sold to retail customers in 2023 by the provider. The electricity they sourced consisted of megawatt hours purchased via wholesale channels. They purchased 284,863 wholesale megawatt hours. The revenue for City of Albemarle Power for 2023 from electricity sales was $29,651,500, with $29,323,300 coming from retail sales to end users.
The national average monthly residential electric bill is $143.38, while the City of Albemarle Power average is 7.38% less at $132.8 per month. This is the 1389th lowest average monthly bill amount for a supplier in the country. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.
City of Albemarle Power currently loses around 4.65% of the electricity that they produce via heat dissipation and other causes. The state average for energy loss is 4.02% and the United States average is 2.43%. This leaves City of Albemarle Power with a ranking of 44th best out of 103 electricity providers in the state and 986th best out of 3530 suppliers in the country.
City of Albemarle Power Rate & Electric Bills
City of Albemarle Power residential electric rates are highest in June and the highest average bill is in July.
Historical Electricity Rates:
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City of Albemarle Power Overview
- Company Type:Municipal
- Headquarters:144 North Second Street
Albemarle, North Carolina 28001
United States of America - Director/Superintendent:Gerald R. Michael
City of Albemarle Power Contact
- Website:www.albemarlenc.gov
- Customer Service Phone:(704) 984-9615
- Contact Page:www.albemarlenc.gov
- Social Media:
City of Albemarle Power Service
- Rates & Plans:www.albemarlenc.gov
- Outage Map:www.electricities.com
- Outage Phone:(704) 984-9679
- States Served:
- North Carolina
- Counties Served:
- Stanly County
- Major Cities Served:
Energy Loss
City of Albemarle Power's energy loss due to business operations.
Total Energy Loss
13,243MWh
986 National Rank
Power Outages
Currently, 0 customers are being tracked in City of Albemarle Power.
Customers Out:
0
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City of Albemarle Power Coverage Map
City of Albemarle Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 13,349 | 31,501,307.24 | 46 | 100% |
City of Albemarle Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Stanly County | 62,148 | 4 | 13.47 | $145.31/mo |
City of Albemarle Power Reviews
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City of Albemarle Power FAQ:
How much is the average bundled bill for City of Albemarle Power customers each month?
The average monthly bundled electric bill for customers of City of Albemarle Power is $132.80. The state average bundled bill is $145.67 and the nationwide average is $145.67.
What is the phone number for City of Albemarle Power?
The City of Albemarle Power phone number is (704) 984-9615.
What is the average bundled electricity rate for City of Albemarle Power customers?
The average bundled price of electricity for consumers of City of Albemarle Power is 11.90 cents per kilowatt hour (¢/kWh).
Who is the CEO of City of Albemarle Power?
City of Albemarle Power's CEO is Gerald R. Michael.
