Morganton Electric

Morganton Electric is headquartered in Morganton, North Carolina and supplies electricity in 10 cities in the state. There are 8,465 customer accounts receiving electricity from the company. These customer accounts are made up of 78.88% residential accounts, 20.59% commercial customers and 0.53% industrial customers. Morganton Electric's customers are billed an average residential electricity price of 11.90 cents per kilowatt hour, which is 4.12% above the average North Carolina price of 11.43 cents and 11.51% below the nationwide average of 13.45. They sold 305,115 megawatt hours via retail sales in 2020. The electricity sourced by the company primarily came from megawatt hours that they acquired by way of the wholesale market. They purchased 319,279 on the wholesale market. Their revenue in 2020 from electricity related activities was $28,792,300, with 97.57% coming from retail sales to end users.

About Morganton Electric

The average residential electricity bill for a consumer of Morganton Electric is $103.3, while the North Carolina average is $121.21. Patrons of the company pay 14.90% less compared to other residents of North Carolina. By megawatt hours produced, Morganton Electric is the 33rd largest provider out of 131 suppliers in North Carolina. Electricity generation facilities managed by the company use non-renewable fuel sources to generate 100.00% of their total electricity generation, or 6 megawatt hours. They rank 674th out of 3510 companies in the United States. Consumers of the company deal with 0.23 power outages on average each year, with outages lasting an average of 16.54 minutes. The national averages for outages and duration are 1.21 outages at 122.99 minutes each.

Energy Loss

Providers routinely submit data for energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Morganton Electric recently reported a loss of 4.44% of their electricity production total. The state of North Carolina has an energy loss average of 3.99% and the US average is 2.76%, resulting in Morganton Electric receiving a rank of 21st best out of 105 companies who report energy loss in the state.

Morganton Electric Rate & Electric Bills

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

Historical Electric Rates:

Price Per kWHAverage Bill$0.130/kWh$0.119/kWh$114.32/mo.$103.30/mo.
1587th11.90¢Morganton Electric's Average residential price per kWh
1392nd$103.3Average monthly electric bill for Morganton Electric's residential customers

Morganton Electric Overview

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

Morganton Electric Contact

Quick Facts About Morganton Electric

Light BulbIcon representing an idea.

Morganton Electric is the 904th highest generator of electricity in the US out of 3510 providers, producing 6 megawatt hours.

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

Energy Loss

Morganton Electric's energy loss due to business operations.

-4.44%Light BulbIcon representing Light Bulb.

Total Energy Loss

14,164MWh

766 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

Coverage Map Placeholder

Morganton Electric State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
North Carolina8,46528,092,40046100%

Morganton Electric County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Burke County90,485511.63$115.68/mo

Power Plants Owned by Morganton Electric

PlantArrow UpArrow pointing upwards.City/CountyArrow UpArrow pointing upwards.StateArrow UpArrow pointing upwards.Primary Fuel TypeArrow UpArrow pointing upwards.Production (MWh)Arrow DownBlue arrow pointing down.Emission (kg)Arrow UpArrow pointing upwards.Emissions/MWhArrow UpArrow pointing upwards.Toxic Chemical ReleaseArrow UpArrow pointing upwards.Closing DateArrow UpArrow pointing upwards.
Catawba River Pollution ControlMorganton Electric (100.00%)
Morganton NC Distillate Fuel Oil 546,524.129,304.82No DataIcon representing missing value.No DataIcon representing missing value.
Water Filter Plant #2Morganton Electric (100.00%)
Morganton NC Distillate Fuel Oil 149,783.7849,783.78No DataIcon representing missing value.No DataIcon representing missing value.

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%

Cities Morganton Electric Has Coverage

  • Connelly Springs, NC
  • Drexel, NC
  • Glen Alpine, NC
  • Hickory, NC
  • Hildebran, NC
  • Long View, NC
  • Morganton, NC
  • Rhodhiss, NC
  • Rutherford College, NC
  • Valdese, NC

* City coverage generated based on government data. Always verify you can get service from the provider.

Morganton Electric Reviews

Write a Review of Morganton Electric

Morganton Electric FAQ:

What is the phone number for Morganton Electric?

The Morganton Electric phone number is (828) 438-5277.

What is the average electricity rate for Morganton Electric customers?

The average price of electricity for customers of Morganton Electric is 11.90 cents per kilowatt hour (¢/kWh).

Who is the CEO of Morganton Electric?

The CEO of Morganton Electric is Brooks Kirby.

When will Morganton Electric power be restored?

Average outage times for Morganton Electric are around 16.539 minutes per outage.

What percentage of Morganton Electric’s electricity is generated from nonrenewable fuel types?

Power plants owned by or associated with Morganton Electric generate 100.00% of their electricity from nonrenewable fuel sources.

How much is the average bill for Morganton Electric customers each month?

Morganton Electric currently has an average monthly electric bill of $103.30, compared to the North Carolina average of $121.21 and the national of $121.21.

What cities does Morganton Electric sell electricity to?

Morganton Electric supplies in 10 cities throughout the nation including, North Carolina.

What percentage of Morganton Electric’s electricity is generated from renewable fuel sources?

Morganton Electric produces 0% of their electricity using renewable fuel types.

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

Morganton Electric owns or is associated with 2 power plants.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2021-08-25