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 12,679 electricity customers being supplied electricity by the company. This total is made up of 10,396 residential accounts, 2,271 commercial customer accounts and 12 industrial customer accounts. City of Albemarle Power's average residential electricity price per kilowatt hour is 11.95 cents per kilowatt hour. This is, fortunately for their customers, 7.63% lower than the state's average price of 12.93 cents. In 2022 they had retail sales of 273,630 megawatt hours. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 295,228 megawatt hours were purchased by way of the wholesale market. In 2022, they made a total of $30,497,100 from business activities relating to the sale and transfer of electricity. They had 98.97% of their revenue coming from retail sales to end users.
The national average monthly residential electric bill is $132.69, while the City of Albemarle Power average is 4.73% less at $126.42 per month. This is the 1646th lowest average monthly bill amount for a supplier in the country. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.
City of Albemarle Power Rate & Electric Bills
City of Albemarle Power residential electric rates are highest in January and the highest average bill is in March.
Historical Electricity Rates:
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City of Albemarle Power Overview
- Company Type:Municipal
- Headquarters:144 North Second Street
Albemarle, North Carolina 28001
United States of America - Director/Superintendent:Gerald R. Michael
City of Albemarle Power Contact
- Website:www.albemarlenc.gov
- Customer Service Phone:(704) 984-9615
- Contact Page:www.albemarlenc.gov
- Social Media:
City of Albemarle Power Service
- Rates & Plans:www.albemarlenc.gov
- Outage Map:www.electricities.com
- Outage Phone:(704) 984-9679
- States Served:
- North Carolina
- Counties Served:
- Stanly County
- Major Cities Served:
- Table Of Contents:
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City of Albemarle Power Coverage Map
City of Albemarle Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 12,679 | 30,184,100 | 46 | 100% |
City of Albemarle Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Stanly County | 62,148 | 4 | 12.13 | $130.25/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 $126.42. The state average bundled bill is $127.16 and the nationwide average is $127.16.
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 11.95 cents per kilowatt hour (¢/kWh).
Who is the CEO of City of Albemarle Power?
City of Albemarle Power's CEO is Gerald R. Michael.
