New River Light & Power: Rates and Coverage Area

New River Light & Power

Electricity Rates, Plans & Statistics

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About New River Light & Power

New River Light & Power supplies electricity in Boone, North Carolina and other areas of Watauga County. There are 9,173 customers of the company. Roughly 19.88% of them are commercial customers and 80.12% of them are residential properties. New River Light & Power's consumers are charged an average residential electricity rate of 10.63 cents per kilowatt hour, which is 34.46% lower than the US average price of 16.22 cents. This ranks the provider 318th lowest for average electricity price out of 2885 suppliers in the country. In 2023 New River Light & Power sold 204,986 megawatt hours via retail sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. They made $18,607,500 in total revenue in 2023 through retail electricity sales alone.

Customers of the provider pay an average monthly residential electric bill of $82.05. This is 42.78% lower than the national average of $143.38. The electricity grid owned by the provider experiences 0.44 outages per consumer per year, with outages lasting on average 37.5 minutes. The national average for other providers is 1.44 outages per customer and 123.49 minutes each outage. Electricity production is not part of the New River Light & Power business model, as they purchase electricity at wholesale rates and then resell to their customers.

Energy Loss

Electricity providers routinely submit data for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. New River Light & Power recently reported a loss of 4.45% of their electricity production. New River Light & Power's energy loss amounts place them at of 39th best out of the 103 providers that operate in North Carolina and report energy loss and 946th best out of 3530 in the country.

New River Light & Power Rate & Electric Bills

New River Light & Power residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.150/kWh$0.084/kWh$139.70/mo.$51.74/mo.
318th10.63¢New River Light & Power's Average residential price per kWh
173rd$82.05Average monthly electricity bill for New River Light & Power's residential customers

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New River Light & Power Overview

  • Company Type:State
  • Headquarters:146 Faculty Street Extension
    Boone, North Carolina 28607
    United States of America
  • CEO:Ed Miller

New River Light & Power Contact

New River Light & Power Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Watauga County
  • Major Cities Served:
Energy provider of the year for North Carolina, Mid-Sized Provider Category
Top 3 Lowest Energy Loss
North Carolina, Mid-Sized Provider Category
Claim Award
Energy provider of the year for North Carolina, Mid-Sized Provider Category
Lowest Average Residential Monthly Bill
North Carolina, Mid-Sized Provider Category
Claim Award
Energy provider of the year for North Carolina, Major Provider Category
Top 3 Lowest Average Residential Monthly Bill
North Carolina, Major Provider Category
Claim Award

Energy Loss

New River Light & Power's energy loss due to business operations.

-4.45%

Total Energy Loss

9,550MWh

946 National Rank

Grid Reliability

Length & Frequency of New River Light & Power's Power Outages

37.5 min.

vs. national average of 123.49 min.

0.44 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in New River Light & Power.

Learn more

Customers Out:

0

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New River Light & Power Coverage Map

Coverage Map Placeholder

New River Light & Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina9,18619,921,045.3456100%

New River Light & Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Watauga County54,077314.80$130.04/mo

New River Light & Power Reviews

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New River Light & Power FAQ:

When will New River Light & Power power be restored?

The average number of minutes for an outage for New River Light & Power's customers is 37.5 minutes.

What is the average bundled bill for New River Light & Power customers each month?

Consumers of New River Light & Power pay, on average, a monthly bundled bill of $82.05.

Who is the CEO of New River Light & Power?

Ed Miller is the current CEO of New River Light & Power.

What is the average bundled electricity rate for New River Light & Power customers?

Consumers of New River Light & Power, on average, have an electricity bundled rate 10.63 cents per kilowatt hour (¢/kWh).

What is the phone number for New River Light & Power?

The New River Light & Power phone number is (828) 264-3671.

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Last Reviewed By: Ginalyn Gelera
Published: 2025-02-20