Granite Falls, North Carolina Electric Utility: Rates and Coverage Area

Granite Falls, North Carolina Electric Utility

Electricity Rates, Plans & Statistics

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About Granite Falls, North Carolina Electric Utility

Granite Falls, North Carolina Electric Utility is headquartered in Granite Falls, North Carolina and they serve electricity in the citizens that call Granite Falls home. A total of 2,154 residential customer accounts, 469 commercial customer accounts and 6 industrial accounts receive their electricity from the company. The average residential electricity price for consumers of Granite Falls, North Carolina Electric Utility is roughly 14.45 cents per kilowatt hour, which is, fortunately, 8.15% below the average nationwide rate of 15.73 cents. Of the 60,801 megawatt hours the company sold and dispossessed, 94.61% were via retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they procured via wholesale channels. They purchased 60,801 megawatt hours on the wholesale market. The total revenue for the company for 2019 from electricity sales was $6,539,600, with $6,378,600 from retail sales to end users.

The nationwide average monthly residential electricity bill is $135.39, while the Granite Falls, North Carolina Electric Utility average is 0.04% higher at $135.44 per month. Granite Falls, North Carolina Electric Utility is the 1887th ranked provider in the United States for average monthly bill total. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end consumers.

Granite Falls, North Carolina Electric Utility Net Metering

Granite Falls, North Carolina Electric Utility is one of 25 electric providers in North Carolina who offer net metering to their consumers. Installation of solar panels and other electricity sources is often too expensive for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.

Granite Falls, North Carolina Electric Utility Rate & Electric Bills

Granite Falls, North Carolina Electric Utility residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.164/kWh$0.114/kWh$170.69/mo.$93.79/mo.
1875th14.45¢Granite Falls, North Carolina Electric Utility's Average residential price per kWh
1887th$135.44Average monthly electricity bill for Granite Falls, North Carolina Electric Utility's residential customers

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Granite Falls, North Carolina Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:30 Park Square
    Granite Falls, North Carolina 28630
    United States of America
  • Director/Superintendent:Jerry Church

Granite Falls, North Carolina Electric Utility Contact

Granite Falls, North Carolina Electric Utility Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Caldwell County
  • Major Cities Served:

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Granite Falls, North Carolina Electric Utility Coverage Map

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Granite Falls, North Carolina Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina2,6297,121,676.0174100%

Granite Falls, North Carolina Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Caldwell County80,492413.83$126.55/mo

Granite Falls, North Carolina Electric Utility Reviews

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Granite Falls, North Carolina Electric Utility FAQ:

Who is the CEO of Granite Falls, North Carolina Electric Utility?

Jerry Church is the current CEO of Granite Falls, North Carolina Electric Utility.

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

Granite Falls, North Carolina Electric Utility currently has an average monthly bundled electric bill of $135.44, compared to the North Carolina average of $136.29 and the United States average of $136.29 for bundled service.

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

The Granite Falls, North Carolina Electric Utility phone number is (828) 396-3131.

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

Granite Falls, North Carolina Electric Utility's current average bundled electricity rate is 14.45 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.68 cents and the average US rate of 15.73 cents.

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