Morganton Electric

Electricity Rates, Plans & Statistics

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About Morganton Electric

Morganton Electric supplies electricity to Morganton, North Carolina and is a municipally owned entity. There are 8,465 customer accounts receiving service from the provider. These customers are made up of 45 industrial properties, 1,743 commercial accounts and 6,677 residential customers. On average, Morganton Electric bills their consumers a residential electricity price of 11.90 cents per kilowatt hour, which is, thankfully for their customers, 15.65% below the average national rate of 14.11 cents. There were a total of 305,115 megawatt hours sold to retail consumers in 2020 by the supplier. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2020 the company had total electricity related revenue of $28,792,300, with 97.57% from retail sales.

The average monthly residential electric bill for a customer of Morganton Electric is $103.3. Morganton Electric is the 930th largest supplier out of 3509 suppliers in the United States based on total megawatt hours sold. Electricity production plants owned by the company use non-renewable fuel types to generate 100.00% of their total electricity production, or 3 megawatt hours. They rank 13th in the state out of 104 companies. Consumers of the supplier deal with 0.23 electrical outages on average per year, with outages lasting around 16.54 minutes. The national averages for outages and duration are 1.21 outages at 122.99 minutes each.

Energy Loss

Morganton Electric reports energy loss of 4.44% of their generation during transmission. The state average for energy loss is 3.99% and the US average is 2.76%. This leaves Morganton Electric with a ranking of 21st best out of 104 companies in North Carolina and 764th best out of 3509 suppliers in the United States.

Morganton Electric Rate & Electric Bills

Morganton Electric residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.130/kWh$0.119/kWh$114.32/mo.$103.30/mo.
1404th11.90¢Morganton Electric's Average residential price per kWh
1167th$103.3Average monthly electricity bill for Morganton Electric's residential customers

Morganton Electric Overview

  • Company Type:Municipal
  • Headquarters:305 East Union Street Suite A100
    Morganton, North Carolina 28655
    United States of America
  • Director/Superintendent:Brooks Kirby

Morganton Electric Contact

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Quick Facts About Morganton Electric

With generation of 3 megawatt hours, Morganton Electric is ranked 916th for total production of all companies in the country.

Energy provider of the year for North Carolina, Mid-Sized Provider Category
Least Outages Per Year
North Carolina, Mid-Sized Provider Category
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Energy provider of the year for North Carolina, Mid-Sized Provider Category
Shortest Average Electricity Outages
North Carolina, Mid-Sized Provider Category
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Energy provider of the year for North Carolina, Major Provider Category
Top 3 Shortest Average Electricity Outages
North Carolina, Major Provider Category
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Energy Loss

Morganton Electric's energy loss due to business operations.

-4.44%

Total Energy Loss

14,164MWh

764 National Rank

Grid Reliability

Length & Frequency of Morganton Electric's Power Outages

16.54 min.

vs. national average of 122.99 min.

0.23 outages/yr

vs. national average of 1.21

Morganton Electric Energy Makeup

Morganton Electric Coverage Map

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Morganton Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina8,46528,092,40044100%

Morganton Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Burke County87,570610.60$114.45/mo

Power Plants Owned by Morganton Electric

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Catawba River Pollution ControlMorganton Electric (100.00%)
Morganton NC Distillate Fuel Oil 336,522.9212,174.31

Morganton Electric Fuel Makeup

DISTILLATE FUEL OIL
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
100.00%

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Morganton Electric FAQ:

When will Morganton Electric power be restored?

The average number of minutes for an outage for Morganton Electric's customers is 16.539 minutes.

What percentage of Morganton Electric's electricity is generated using renewable fuels?

Electric generation facilities owned by or associated with Morganton Electric generate 0% of their electricity using renewable fuel sources.

Who is the CEO of Morganton Electric?

The CEO of Morganton Electric is Brooks Kirby.

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

Customers of Morganton Electric pay, on average, a monthly bundled bill of $103.30.

What is the phone number for Morganton Electric?

You can reach Morganton Electric by phone via (828) 438-5277.

How many power plants are owned by or associated with Morganton Electric?

There is one power plant owned by or associated with Morganton Electric.

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

Morganton Electric's current average bundled electricity rate is 11.90 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.28 cents and the average national rate of 14.11 cents.

What percentage of Morganton Electric's electricity is generated from nonrenewable fuel sources?

Morganton Electric produces 100.00% of their electricity using nonrenewable fuels.

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01