Halifax Electric Member Corp

About Halifax Electric Member Corp

A total of 12,145 customers (1,213 commercial properties, 10,931 residential accounts and one industrial account) receive electricity from the supplier. Halifax Electric Member Corp bills their customers a residential electricity rate of 17.48 cents per kilowatt hour on average, which ranks the provider 91st out of 108 companies in North Carolina and 2574th out of 2892 in the nation for average electricity rate. In 2019 Halifax Electric Member Corp sold 83.75% of their total megawatt hours disposed via normal retail sales to end users and 11.35% to other companies in the wholesale market. The electricity sourced by the company is made up primarily of megawatt hours they purchased on wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2019 the company had total electricity related revenue of $25,967,000, with 89.61% coming from retail sales and 6.23% from wholesale electricity sales.

The average residential power bill for a customer of Halifax Electric Member Corp is $184.38 per month. The provider is not associated with any power plants and all of the power that they sell to their consumers must be purchased wholesale from other suppliers.