Concord Utilities: Rates and Coverage Area

Concord Utilities

Electricity Rates, Plans & Statistics

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About Concord Utilities

Concord Utilities supplies electricity in Concord, North Carolina and additional areas of Cabarrus County. Concord Utilities averages 14.16 cents per kilowatt hour billed to their customers for residential electricity, which is 1.63% lower than the average state price of 14.40 cents and 11.82% lower than the nationwide average of 16.06. They had total sales and disposition of 891,697 megawatt hours in 2023, of which 889,196 megawatt hours were via retail sales. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023 the company had total electricity related revenue of $106,413,300, with 99.82% coming from retail sales.

The average residential electric bill for a consumer of Concord Utilities is $144.11 per month, while the state average is $145.14. Electricity generation is not part of the Concord Utilities business model, as they purchase electricity at wholesale rates from other companies and then resell to their consumers. Customers of the company experience 1.14 power outages a year with outages lasting on average 101.38 minutes.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Concord Utilities currently averages a loss of approximately 0.28% of the total electricity they generate. Concord Utilities' energy loss numbers place them at of 2nd best out of the 103 providers that operate in the state and report energy loss and 73rd best out of 3530 in the country.

Concord Utilities Rate & Electric Bills

Concord Utilities residential electric rates are highest in April and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.148/kWh$0.090/kWh$190.58/mo.$81.26/mo.
1569th14.16¢Concord Utilities' Average residential price per kWh
1903rd$144.11Average monthly electricity bill for Concord Utilities' residential customers

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Concord Utilities Overview

  • Company Type:Municipal
  • Headquarters:635 Alfred Brown Junior Court SouthWest
    Concord, North Carolina 28025
    United States of America
  • Director/Superintendent:William C. Dusch

Concord Utilities Contact

Concord Utilities Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Cabarrus County
  • Major Cities Served:
Energy provider of the year for North Carolina, Major Provider Category
Lowest Residential Electricity Rate
North Carolina, Major Provider Category
Claim Award

Energy Loss

Concord Utilities' energy loss due to business operations.

-0.28%

Total Energy Loss

2,501MWh

73 National Rank

Grid Reliability

Length & Frequency of Concord Utilities' Power Outages

101.38 min.

vs. national average of 123.49 min.

1.14 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Concord Utilities.

Learn more

Customers Out:

0

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Concord Utilities Coverage Map

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Concord Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina33,942109,968,641.916100%

Concord Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cabarrus County235,797413.84$142.51/mo

Concord Utilities Reviews

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Concord Utilities FAQ:

Who is the CEO of Concord Utilities?

William C. Dusch is the CEO of Concord Utilities.

What is the phone number for Concord Utilities?

You can reach Concord Utilities by phone via (704) 920-5555.

When will Concord Utilities power be restored?

Average outage times for Concord Utilities are around 101.384 minutes per outage.

How much is the average bundled bill for Concord Utilities customers each month?

Customers of Concord Utilities pay, on average, a monthly bundled bill of $144.11.

What is the average bundled electricity rate for Concord Utilities customers?

The average bundled rate of electricity for customers of Concord Utilities is 14.16 cents per kilowatt hour (¢/kWh).

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-06-21