MacClesfield, North Carolina Electric Utility

About MacClesfield, North Carolina Electric Utility

MacClesfield, North Carolina Electric Utility provides electricity in Macclesfield, North Carolina and rural areas of Edgecombe County. Electricity providers must regularly report their customer counts to government agencies. On the most recent reports the company listed 268 customers signed on for their services. Roughly 242 of these are residential properties and 9.70% are commercial properties. On average, MacClesfield, North Carolina Electric Utility's customers spend 33.65 cents per kilowatt hour for their residential electricity, which is 160.19% higher than the average North Carolina rate of 12.93 cents, a potentially frustrating situation for their consumers. The company had sales of 2,862 megawatt hours in 2019 sold to end users. The electricity sourced by MacClesfield, North Carolina Electric Utility 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%. The supplier had $449,000 in total revenue for 2019 from electricity-related activities, all of which came from retail sales to end-users.

The average residential electricity bill for a customer of MacClesfield, North Carolina Electric Utility is $182.1 per month. Consumers of the provider pay a 41.40% markup compared to other residents of North Carolina. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.