Edgecombe Martin EMC

About Edgecombe Martin EMC

Edgecombe Martin EMC provides electricity for 4 counties in North Carolina such as the counties of Pitt County, Edgecombe County, Beaufort County, and Martin County. The company is an electricity cooperative. With 12,030 total consumers, the provider supplies electricity to 13 industrial locations, 1,117 commercial locations and 10,900 residential customer accounts. Edgecombe Martin EMC charges their patrons a residential electricity rate of 15.73 cents per kilowatt hour on average. This is 11.56% higher than North Carolina's average price of 14.10 cents, ranking the company at 93rd lowest for average electricity price out of 108 providers in North Carolina. Of the 212,848 megawatt hours the provider sold and dispossessed, 204,889 were from retail sales and 3,133 were from wholesale sales to other electricity companies. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023 the provider had total electricity related revenue of $29,205,000, with 97.22% from retail sales and 1.00% from wholesale electricity sales.

The average monthly residential power bill for a consumer of Edgecombe Martin EMC is $190.44 per month. Customers of the company pay 31.22% more compared to the rest of the state. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers. Consumers of the provider deal with 0.96 electrical outages a year with outages lasting an average of 129.48 minutes.