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. At the time of the most recent government reports, the supplier showed a total of 13,358 electricity customers being supplied electricity by the company. This total is made up of 11,079 residential accounts, 2,266 commercial customer accounts and 13 industrial customer accounts. City of Albemarle Power's average residential electricity price per kilowatt hour is 12.83 cents per kilowatt hour. This is, fortunately for their customers, 10.86% lower than the state's average price of 14.40 cents. In 2023 they had retail sales of 271,488 megawatt hours. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 284,863 megawatt hours were purchased by way of the wholesale market. In 2023, they made a total of $29,651,500 from business activities relating to the sale and transfer of electricity. They had 98.89% of their revenue coming from retail sales to end users.
The national average monthly residential electric bill is $139.28, while the City of Albemarle Power average is 1.00% less at $137.88 per month. This is the 1737th lowest average monthly bill amount for a supplier in the country. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.
City of Albemarle Power currently loses around 4.65% of the electricity that they produce via heat dissipation and other causes. The state average for energy loss is 4.02% and the United States average is 2.43%. This leaves City of Albemarle Power with a ranking of 44th best out of 103 electricity providers in the state and 986th best out of 3530 suppliers in the country.
City of Albemarle Power Rate & Electric Bills
City of Albemarle Power residential electric rates are highest in June and the highest average bill is in July.
Historical Electricity Rates:
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City of Albemarle Power Overview
- Company Type:Municipal
- Headquarters:144 North Second Street
Albemarle, North Carolina 28001
United States of America - Director/Superintendent:Gerald R. Michael
City of Albemarle Power Contact
- Website:www.albemarlenc.gov
- Customer Service Phone:(704) 984-9615
- Contact Page:www.albemarlenc.gov
- Social Media:
City of Albemarle Power Service
- Rates & Plans:www.albemarlenc.gov
- Outage Map:www.electricities.com
- Outage Phone:(704) 984-9679
- States Served:
- North Carolina
- Counties Served:
- Stanly County
- Major Cities Served:
Energy Loss
City of Albemarle Power's energy loss due to business operations.
Total Energy Loss
13,243MWh
986 National Rank
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City of Albemarle Power Coverage Map
City of Albemarle Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 13,241 | 30,526,284.72 | 46 | 100% |
City of Albemarle Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Stanly County | 62,148 | 4 | 13.83 | $146.96/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 $137.88. The state average bundled bill is $145.14 and the nationwide average is $145.14.
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 12.83 cents per kilowatt hour (¢/kWh).
Who is the CEO of City of Albemarle Power?
City of Albemarle Power's CEO is Gerald R. Michael.
