Newton Electric: Rates and Coverage Area

Newton Electric

Electricity Rates, Plans & Statistics

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About Newton Electric

Newton Electric is headquartered in Newton, North Carolina and it serves electricity in the citizens that call the city home. There are 4,099 residential customer accounts, 515 commercial customer accounts and 61 industrial customers receiving service from the company. On average, Newton Electric charges their customers a residential electricity rate of 12.08 cents per kilowatt hour. Thankfully, this is 6.63% less than the state's average rate of 12.93 cents, resulting in the company ranking 28th best for average electricity rate out of 108 companies in North Carolina. Newton Electric had total sales and disposition of 156,372 megawatt hours in 2019, of which 94.92% were via sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, the company had revenue of $15,081,800 from retail electricity sales to end users.

The national average monthly residential power bill is $132.69, while the Newton Electric average is 6.42% less at $124.18 per month. Electricity production is not part of the Newton Electric business plan, as they purchase electricity at wholesale rates to then be resold to their customers.

Newton Electric Rate & Electric Bills

Newton Electric residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.128/kWh$0.121/kWh$125.45/mo.$118.05/mo.
1036th12.08¢Newton Electric's Average residential price per kWh
1576th$124.18Average monthly electricity bill for Newton Electric's residential customers

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Newton Electric Overview

  • Company Type:Municipal
  • Headquarters:401 North Main Avenue
    Newton, North Carolina 28658
    United States of America
  • Director/Superintendent:Eddie Haupt

Newton Electric Contact

Newton Electric Service

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Newton Electric Coverage Map

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Newton Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina4,67515,643,00058100%

Newton Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Catawba County163,462511.90$123.37/mo

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Newton Electric FAQ:

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

Currently, the average monthly bundled electric bill for customers of Newton Electric is $124.18. The North Carolina average bundled bill is $127.16 and the United States average is $127.16.

What is the phone number for Newton Electric?

Newton Electric's customer service phone number is (828) 695-4287

Who is the CEO of Newton Electric?

Eddie Haupt is the CEO of Newton Electric.

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

Newton Electric's current average bundled electricity rate is 12.08 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.93 cents and the average nationwide rate of 15.64 cents.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-04-02