Murphy Power Board: Rates and Coverage Area

Murphy Power Board

Electricity Rates, Plans & Statistics

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About Murphy Power Board

Murphy Power Board is a municipally owned entity operating in Murphy, North Carolina and rural areas of Cherokee County. Electricity suppliers must regularly report their customer counts to government agencies. Most recently the provider listed a total of 5,269 customers being supplied electricity by the company. Exactly 4 of these customers are industrial properties, 1,660 are commercial accounts and 3,605 are residential accounts. Murphy Power Board's average residential electricity price per kilowatt hour is 13.10 cents per kilowatt hour, which is 1.28% higher than the average North Carolina rate of 12.93 cents. They had total sales and disposition of 529,812 megawatt hours in 2022, of which 512,989 megawatt hours were via retail sales. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2022 the company had total electricity related revenue of $34,895,900, with 99.55% from retail sales.

The national average monthly residential power bill is $132.69, while the Murphy Power Board average is 5.76% more at $140.34 per month. Murphy Power Board is the 2038th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.

Energy Loss

Murphy Power Board recently reported an annual loss of about 3.12% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 3.47% and the United States average is 2.87%. This gives Murphy Power Board a ranking of 11th best out of 104 electricity suppliers in the state and 389th best out of 3517 suppliers in the US.

Murphy Power Board Rate & Electric Bills

Murphy Power Board residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.131/kWh$0.118/kWh$140.34/mo.$119.27/mo.
1543rd13.10¢Murphy Power Board's Average residential price per kWh
2038th$140.34Average monthly electricity bill for Murphy Power Board's residential customers

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Murphy Power Board Overview

  • Company Type:Municipal
  • Headquarters:107 Peachtree Street
    Murphy, North Carolina 28906
    United States of America
  • Director/Superintendent:Larry Kernea

Murphy Power Board Contact

Murphy Power Board Service

Energy Loss

Murphy Power Board's energy loss due to business operations.

-3.12%

Total Energy Loss

16,543MWh

389 National Rank

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Murphy Power Board Coverage Map

Coverage Map Placeholder

Murphy Power Board State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina5,26934,740,00039100%

Murphy Power Board County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cherokee County28,515413.73$123.04/mo

Murphy Power Board Reviews

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Murphy Power Board FAQ:

What is the phone number for Murphy Power Board?

The Murphy Power Board phone number is (828) 837-2211.

What is the average bundled bill for Murphy Power Board customers each month?

Consumers of Murphy Power Board pay, on average, a monthly bundled bill of $140.34.

Who is the CEO of Murphy Power Board?

The CEO of Murphy Power Board is Larry Kernea.

What is the average bundled electricity rate for Murphy Power Board customers?

Murphy Power Board's current average bundled electricity rate is 13.10 cents per kilowatt hour (¢/kWh), compared to the average North Carolina bundled rate of 12.93 cents and the average national rate of 15.64 cents.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-04-02