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. The provider has 65 industrial customers, 27,921 residential customer accounts and 4,751 commercial customers whom they supply. Concord Utilities' consumers are charged an average residential electricity price of 10.26 cents per kilowatt hour. This is, luckily, 9.06% lower than the state's average rate of 11.28 cents. In 2020 the company sold 856,136 megawatt hours via retail sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired by way of the wholesale market. Of the electricity sourced by the company, whole purchased made up 100.00%. Their total revenue in 2020 from electricity activities was $80,334,800, with 98.46% coming from retail sales to end users.

The average residential electric bill for a consumer of Concord Utilities is $103.81, while the state average is $120.22. The provider is not associated with any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Concord Utilities currently averages a loss of approximately 3.83% of the total electricity they generate. Concord Utilities' energy loss numbers place them at of 15th best out of the 104 providers that operate in the state and report energy loss and 584th best out of 3509 in the country.

Concord Utilities Rate & Electric Bills

Concord Utilities residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.103/kWh$0.102/kWh$113.23/mo.$103.81/mo.
595th10.26¢Concord Utilities' Average residential price per kWh
1177th$103.81Average monthly electricity bill for Concord Utilities' residential customers

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

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Energy provider of the year for North Carolina, Major Provider Category
Lowest Residential Electricity Rate
North Carolina, Major Provider Category
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Energy Loss

Concord Utilities' energy loss due to business operations.

-3.83%

Total Energy Loss

34,120MWh

584 National Rank

Concord Utilities Coverage Map

Coverage Map Placeholder

Concord Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina32,73779,097,30019100%

Concord Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cabarrus County225,804310.68$115.30/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?

The Concord Utilities phone number is (704) 920-5555.

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

The average bundled price of electricity for customers of Concord Utilities is 10.26 cents per kilowatt hour (¢/kWh).

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

The average monthly bundled electric bill for customers of Concord Utilities is $103.81. The North Carolina average bundled bill is $120.22 and the national average is $120.22.

Last Reviewed By: Matt Hope
Published: 2022-08-04