Drexel, North Carolina Electric Utility: Rates and Coverage Area

Drexel, North Carolina Electric Utility

Electricity Rates, Plans & Statistics

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About Drexel, North Carolina Electric Utility

Drexel, North Carolina Electric Utility provides electricity in Burke County, North Carolina. There are 1,250 customer accounts receiving service from the company. These customers are made up of 37 commercial customers and 1,213 residential customers. Consumers of Drexel, North Carolina Electric Utility are charged an average residential electricity rate of 11.90 cents per kilowatt hour, resulting in the provider ranking 23rd out of 108 companies in North Carolina and 949th out of 2893 in the nation. There were a total of 18,239 megawatt hours sold to retail customers in 2019 by the provider. The megawatt hours sourced by the company primarily came from megawatt hours that they acquired via the wholesale market. They purchased 20,000 on the wholesale market. Drexel, North Carolina Electric Utility made $2,352,000 in 2019, which they earned entirely from electricity sales to end users.

Customers of the supplier have an average residential power bill of $120.42. This is 9.60% below the US average bill of $133.21. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased from other companies.

Drexel, North Carolina Electric Utility Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.131/kWh$0.119/kWh$138.79/mo.$120.42/mo.
949th11.90¢Drexel, North Carolina Electric Utility's Average residential price per kWh
1441st$120.42Average monthly electricity bill for Drexel, North Carolina Electric Utility's residential customers

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Drexel, North Carolina Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:202 Church Street
    Drexel, North Carolina 28619
    United States of America
  • Director/Superintendent:Roger Burleson

Drexel, North Carolina Electric Utility Contact

Drexel, North Carolina Electric Utility Service

  • Outage Phone:(828) 437-7421

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Drexel, North Carolina Electric Utility Coverage Map

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Drexel, North Carolina Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina1,2502,082,00094100%

Drexel, North Carolina Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Burke County87,881612.53$127.99/mo

Drexel, North Carolina Electric Utility Reviews

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Drexel, North Carolina Electric Utility FAQ:

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

Consumers of Drexel, North Carolina Electric Utility, on average, have an electricity bundled rate 11.90 cents per kilowatt hour (¢/kWh).

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

You can reach Drexel, North Carolina Electric Utility by phone via (828) 437-7421.

What is the average bundled bill for Drexel, North Carolina Electric Utility customers each month?

The average monthly bundled electric bill for customers of Drexel, North Carolina Electric Utility is $120.42. The North Carolina average bundled bill is $125.00 and the United States average is $125.00.

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

Drexel, North Carolina Electric Utility's current CEO is Roger Burleson.

Fernando García
Last Reviewed By: Fernando García
Published: 2022-08-01