Monroe Electric
Electricity Rates, Plans & Statistics
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About Monroe Electric
Monroe Electric serves electricity to Monroe, North Carolina and is a municipally owned organization. The supplier recently reported a total of 11,634 total customers, 113 of which are industrial customers, 2,083 are commercial accounts and the rest of which are residential customers. Consumers of Monroe Electric purchase electricity for, on average, 13.11 cents per kilowatt hour, which is 16.17% lower than the US average price of 15.64 cents. The company had total sales and disposition of 689,998 megawatt hours in 2022, of which 669,338 megawatt hours were via retail sales. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The supplier had $58,233,000 in total revenue for 2022 from electricity-related activities, all of which came from retail sales to end-users.
The national average monthly residential electricity bill is $132.69, while the Monroe Electric average is 5.54% less at $125.34 per month. This is the 1608th lowest average monthly bill amount for a provider in the US. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.
Monroe Electric reported an annual loss of about 2.99% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation industry and providers are required to report these losses. This percentage of electricity lost earns them a rank of 9th best out of 104 providers reporting energy loss in the state.
Monroe Electric Rate & Electric Bills
Monroe Electric residential electric rates are highest in January and the highest average bill is in March.
Historical Electricity Rates:
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Monroe Electric Overview
- Company Type:Municipal
- Headquarters:300 West Crowell Street
Monroe, North Carolina 28112
United States of America - Director/Superintendent:David Lucore
Monroe Electric Contact
- Website:www.monroenc.org
- Customer Service Phone:(704) 282-4511
- Contact Page:www.monroenc.org
- Social Media:
Monroe Electric Service
- Rates & Plans:www.monroenc.org
- Outage Map:www.electricities.com
- Outage Phone:(704) 282-4600
- States Served:
- North Carolina
- Counties Served:
- Union County
- Major Cities Served:
- Table Of Contents:
Energy Loss
Monroe Electric's energy loss due to business operations.
Total Energy Loss
20,660MWh
367 National Rank
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Monroe Electric Coverage Map
Monroe Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 11,634 | 58,233,000 | 27 | 100% |
Monroe Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Union County | 249,070 | 4 | 12.23 | $132.47/mo |
Monroe Electric Reviews
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Monroe Electric FAQ:
Who is the CEO of Monroe Electric?
The CEO of Monroe Electric is David Lucore.
What is the average bundled bill for Monroe Electric customers each month?
Customers of Monroe Electric pay, on average, a monthly bundled bill of $125.34.
What is the phone number for Monroe Electric?
Monroe Electric's customer service phone number is (704) 282-4511
What is the average bundled electricity rate for Monroe Electric customers?
Customers of Monroe Electric, on average, have an electricity bundled rate 13.11 cents per kilowatt hour (¢/kWh).
