City of Gastonia Utilities

About City of Gastonia Utilities

City of Gastonia Utilities is headquartered in Gastonia, North Carolina and it serves electricity in the residents there. There are 31,250 customer accounts served by the provider. These customer accounts are made up of 0.31% industrial properties, 13.74% commercial properties and 85.95% residential customer accounts. Customers of City of Gastonia Utilities are billed an average residential electricity price of 12.74 cents per kilowatt hour, which is, fortunately, 20.98% less than the average nationwide price of 16.13 cents. In 2023 they sold 97.56% of their disposition to end users (known as retail sales). Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 724,253 megawatt hours were acquired on the wholesale electricity market. Their revenue in 2023 from electricity activities was $77,707,300, the entirety of which came from retail sales to end users.

The North Carolina average monthly residential electric bill is $145.52, while the City of Gastonia Utilities average is 22.98% less at $113.06 per month. This is the 17th lowest average monthly bill amount for a supplier in North Carolina. The provider is not associated with any electricity facilities and all of the megawatt hours that they sell to their customers must be purchased from other providers. The electricity grid managed by the provider experiences an average of 0.8 outages per customer a year, with outages lasting roughly 77.64 minutes. The national average for other suppliers is 1.44 outages per consumer and 123.49 minutes each outage.