Cornelius, North Carolina Electric Utility: Rates and Coverage Area

Cornelius, North Carolina Electric Utility

Electricity Rates, Plans & Statistics

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About Cornelius, North Carolina Electric Utility

Cornelius, North Carolina Electric Utility is a municipally owned entity headquartered in Cornelius, North Carolina and serving customers in Mecklenburg County, North Carolina. The provider has a total of 4,007 customers. There are 506 commercial customers, 3,500 residential customers and one industrial account. On average, Cornelius, North Carolina Electric Utility bills their patrons a residential electricity rate of 11.89 cents per kilowatt hour, which is 23.93% below the average US price of 15.64 cents. Of the 60,300 megawatt hours the supplier sold and dispossessed, 95.18% were from sales to end users. The electricity they sourced consisted of megawatt hours purchased by way of the wholesale market. They purchased 60,300 on the wholesale market. In 2019, the total revenue for Cornelius, North Carolina Electric Utility was $6,120,700, which was earned exclusively through electricity sales to retail customers.

The average residential power bill for a customer of Cornelius, North Carolina Electric Utility is $92.82, while the nationwide average is $132.69. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other companies to then be resold to their end users.

Cornelius, North Carolina Electric Utility Rate & Electric Bills

Cornelius, North Carolina Electric Utility residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.119/kWh$0.110/kWh$92.82/mo.$84.49/mo.
948th11.89¢Cornelius, North Carolina Electric Utility's Average residential price per kWh
607th$92.82Average monthly electricity bill for Cornelius, North Carolina Electric Utility's residential customers

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Cornelius, North Carolina Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:21445 Catawba Avenue
    Cornelius, North Carolina 28031
    United States of America
  • Director/Superintendent:Woody Washam

Cornelius, North Carolina Electric Utility Contact

Cornelius, North Carolina Electric Utility Service

Energy provider of the year for North Carolina, Mid-Sized Provider Category
Top 3 Lowest Average Residential Monthly Bill
North Carolina, Mid-Sized Provider Category
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Cornelius, North Carolina Electric Utility Coverage Map

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Cornelius, North Carolina Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina4,0076,424,00073100%

Cornelius, North Carolina Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Mecklenburg County1,145,392611.89$121.07/mo

Cornelius, North Carolina Electric Utility Reviews

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Cornelius, North Carolina Electric Utility FAQ:

How much is the average bundled bill for Cornelius, North Carolina Electric Utility customers each month?

Currently, the average monthly bundled electric bill for customers of Cornelius, North Carolina Electric Utility is $92.82. The state average bundled bill is $127.16 and the national average is $127.16.

What is the phone number for Cornelius, North Carolina Electric Utility?

The Cornelius, North Carolina Electric Utility phone number is (704) 895-5212.

Who is the CEO of Cornelius, North Carolina Electric Utility?

Woody Washam is the CEO of Cornelius, North Carolina Electric Utility.

What is the average bundled electricity rate for Cornelius, North Carolina Electric Utility customers?

Cornelius, North Carolina Electric Utility's current average bundled electricity rate is 11.89 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.93 cents and the average United States rate of 15.64 cents.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-03-29