Hobgood Electric: Rates and Coverage Area

Hobgood Electric

Electricity Rates, Plans & Statistics

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About Hobgood Electric

Hobgood Electric is headquartered in Hobgood, North Carolina and they serve electricity in the citizens that call Hobgood home. A total of 267 customers (62 commercial customers and 205 residential properties) are supplied electricity by the company. On average, Hobgood Electric's residential electricity price is 15.23 cents per kilowatt hour. This is 2.62% lower than the nationwide average price of 15.64 cents, which ranks the company 2321st lowest for average electricity rate out of 2893 companies in the country. They had sales of 2,720 megawatt hours in 2019 sold to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The total revenue for the company for 2019 from electricity sales was $444,800, with 98.40% coming from retail sales to end users.

The nationwide average monthly residential electricity bill is $132.69, while the Hobgood Electric average is 12.11% higher at $148.77 per month. Hobgood Electric is the 2220th 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.

Hobgood Electric Rate & Electric Bills

Hobgood Electric residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.149/kWh$148.77/mo.$135.69/mo.
2321st15.23¢Hobgood Electric's Average residential price per kWh
2220th$148.77Average monthly electricity bill for Hobgood Electric's residential customers

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Hobgood Electric Overview

  • Company Type:Municipal
  • Headquarters:207 West Commerce Street
    Hobgood, North Carolina 27843
    United States of America
  • Director/Superintendent:Thomas Ellis

Hobgood Electric Contact

Hobgood Electric Service

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Hobgood Electric Coverage Map

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Hobgood Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina267482,200102100%

Hobgood Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Halifax County49,291714.52$159.84/mo

Hobgood Electric Reviews

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Hobgood Electric FAQ:

Who is the CEO of Hobgood Electric?

Thomas Ellis is the current CEO of Hobgood Electric.

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

Hobgood Electric currently has an average monthly bundled electric bill of $148.77, compared to the North Carolina average of $127.16 and the United States average of $127.16 for bundled service.

What is the phone number for Hobgood Electric?

The Hobgood Electric phone number is (252) 826-4573.

What is the average bundled electricity rate for Hobgood Electric customers?

Hobgood Electric's current average bundled electricity rate is 15.23 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.93 cents and the average US rate of 15.64 cents.

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