Four County Electric: Rates and Coverage Area

Four County Electric

Electricity Rates, Plans & Statistics

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About Four County Electric

Four County Electric serves 4 counties in the state of North Carolina including Pender County, Sampson County, Duplin County, and Bladen County. The company recently reported a total of 34,177 total customers. Roughly 0.02% of them are industrial accounts, 12.60% of them are commercial customers and 87.38% are residential accounts. On average, Four County Electric's residential electricity price is 12.82 cents per kilowatt hour, which is 0.91% less than North Carolina's average price of 12.93 cents. This makes the supplier 52nd out of 108 suppliers in the state for lowest average electricity rate. A total of 986,918 megawatt hours were sold to retail accounts in 2022 by the provider. The electricity sourced was made up of megawatt hours purchased via the wholesale electricity market. They purchased 1,040,585 wholesale megawatt hours. Their revenue in 2022 from electricity activities was $102,431,000, with 95.56% coming from retail sales to end users.

The state average monthly residential electricity bill is $127.16, while the Four County Electric average is 25.33% higher at $160.77 per month. Four County Electric is the 97th ranked supplier in the state for average monthly bill amount. Electricity generation is not part of the Four County Electric business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.

Four County Electric Net Metering

Offering net metering to consumers is a win-win situation for Four County Electric and residents who get their electricity from the company. Without net metering, solar panel installation is significantly less attractive economically, as individuals have no way to sell extra energy back into the grid.

Energy Loss

All providers who produce electricity suffer from some energy loss from heat depletion or other factors. Four County Electric is no different, as they have a yearly loss of around 5.01% of the total electricity they produce. The state of North Carolina has an energy loss average of 3.47% and the nationwide average is 2.87%, resulting in Four County Electric receiving a rank of 30th best out of 104 providers reporting energy loss in North Carolina.

Four County Electric Rate & Electric Bills

Four County Electric residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.130/kWh$0.120/kWh$162.12/mo.$153.97/mo.
1426th12.82¢Four County Electric's Average residential price per kWh
2488th$160.77Average monthly electricity bill for Four County Electric's residential customers

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Four County Electric Overview

  • Company Type:Cooperative
  • Headquarters:1822 North Carolina Highway 53 West
    Burgaw, North Carolina 28425
    United States of America
  • CEO:Don Gatton

Four County Electric Contact

Four County Electric Service

Energy provider of the year for North Carolina, Major Provider Category
Top 3 Shortest Average Electricity Outages
North Carolina, Major Provider Category
Claim Award

Energy Loss

Four County Electric's energy loss due to business operations.

-5.01%

Total Energy Loss

52,164MWh

894 National Rank

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Four County Electric Coverage Map

Coverage Map Placeholder

Four County Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina34,17797,881,00018100%

Four County Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bladen County30,105413.53$152.08/mo
Duplin County49,836413.28$149.41/mo
Pender County65,737313.56$151.37/mo
Sampson County59,468313.52$152.69/mo

Cities Four County Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Four County Electric Reviews

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Four County Electric FAQ:

What is the average bundled bill for Four County Electric customers each month?

The average monthly bundled electric bill for customers of Four County Electric is $160.77. The North Carolina average bundled bill is $127.16 and the United States average is $127.16.

Who is the CEO of Four County Electric?

The current CEO of Four County Electric is Don Gatton.

What is the average bundled electricity rate for Four County Electric customers?

Four County Electric's current average bundled electricity rate is 12.82 cents per kilowatt hour (¢/kWh), compared to the average North Carolina bundled rate of 12.93 cents and the average US rate of 15.64 cents.

How many counties does Four County Electric offer service in?

There are 4 counties that receive at least some electricity coverage by Four County Electric including North Carolina.

When will Four County Electric power be restored?

Average outage times for Four County Electric are about 161.51 minutes per outage.

What cities does Four County Electric offer service in?

Four County Electric has customers in 20 cities in the country.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2023-12-06