City of High Point Utilities

Electricity Rates, Plans & Statistics

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About City of High Point Utilities

City of High Point Utilities is a municipally owned entity headquartered in High Point, North Carolina and serving customers in North Carolina. At the moment, there are 41,905 customers of the company. Exactly 270 of them are industrial customers, 4,906 are commercial customer accounts and 36,729 of them are residential accounts. On average, City of High Point Utilities' consumers purchase residential electricity for 12.78 cents per kilowatt hour, which is 13.25% higher than North Carolina's average price of 11.28 cents and 9.47% above the nationwide average of 14.11 cents. About 1,137,103 megawatt hours were sold by the provider to retail accounts in 2020. The electricity sourced by the supplier primarily came from megawatt hours that they procured via wholesale channels. They purchased 1,162,652 megawatt hours on the wholesale market. Their total revenue for 2020 was $125,849,000 and came through sales to retail electricity customers alone.

The average residential power bill for a consumer of City of High Point Utilities is $116.45. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.

Energy Loss

Energy loss is just part of the process when dealing with electricity transmission. City of High Point Utilities currently averages a loss of approximately 2.20% of the total electricity they produce. This percentage of electricity lost earns them a rank of 4th best out of 104 providers who report energy loss in the state.

City of High Point Utilities Rate & Electric Bills

City of High Point Utilities residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.130/kWh$0.128/kWh$127.72/mo.$114.20/mo.
1800th12.78¢City of High Point Utilities' Average residential price per kWh
1675th$116.45Average monthly electricity bill for City of High Point Utilities' residential customers

City of High Point Utilities Overview

  • Company Type:Municipal
  • Headquarters:816 East Green
    High Point, North Carolina 27260
    United States of America
  • Director/Superintendent:Garey Edwards

City of High Point Utilities Contact

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Energy Loss

City of High Point Utilities' energy loss due to business operations.

-2.20%

Total Energy Loss

25,549MWh

214 National Rank

City of High Point Utilities Coverage Map

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City of High Point Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina41,905125,849,00014100%

City of High Point Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Guilford County541,299310.48$108.48/mo

City of High Point Utilities Reviews

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City of High Point Utilities FAQ:

How much is the average bundled bill for City of High Point Utilities customers each month?

Customers of City of High Point Utilities pay, on average, a monthly bundled bill of $116.45.

What is the phone number for City of High Point Utilities?

You can reach City of High Point Utilities by phone via (336) 883-3111.

What is the average bundled electricity rate for City of High Point Utilities customers?

City of High Point Utilities' current average bundled electricity rate is 12.78 cents per kilowatt hour (¢/kWh), compared to the average North Carolina bundled rate of 11.28 cents and the average national rate of 14.11 cents.

Who is the CEO of City of High Point Utilities?

City of High Point Utilities' current CEO is Garey Edwards.

Last Reviewed By: Alex Zdanov
Published: 2022-08-16