About Newton Electric
With their main offices in Newton, North Carolina, Newton Electric supplies electricity to 8 cities throughout North Carolina and is considered a municipally owned entity. Presently, 4,585 consumers are supplied electricity by the supplier. These customers are a mix of 87.68% residential properties, 11.01% commercial customers and 1.31% industrial properties. Newton Electric averages 12.14 cents per kilowatt hour charged to their consumers for residential electricity. Unfortunately, this is 6.22% more than the state's average price of 11.43 cents. They had total sales and disposition of 156,372 megawatt hours in 2019, of which 94.92% were from retail sales. Wholesale power purchases made up 100.00% of the total electricity sourced and 156,372 megawatt hours were purchased via the wholesale market. Their total revenue for 2019 was $15,081,800 and was earned from sales to retail electricity customers alone.
The state average monthly residential power bill is $121.21, while the Newton Electric average is 2.68% more at $118.05 per month. Newton Electric ranks 43rd in the state for average monthly bill total. The supplier does not have ownership in any electricity generation facilities and all of the power that they sell to their consumers must be purchased from other providers.
Newton Electric Rate & Electric Bills
Newton Electric residential electric rates are highest in January and the highest average bill is in May.
Historical Electric Rates:
Newton Electric Overview
- Company Type:Municipal
- Headquarters:401 North Main Avenue
Newton, North Carolina 28658
United States of America
- CEO:Eddie Haupt
Newton Electric Contact
Newton Electric Service
- Outage Phone:(828) 695-4310
Newton Electric Coverage Map
Newton Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Newton Electric County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Cities Newton Electric Has Coverage
- Brookford, NC
- Catawba, NC
- Claremont, NC
- Conover, NC
- Hickory, NC
- Long View, NC
- Maiden, NC
- Newton, NC
* City coverage generated based on government data. Always verify you can get service from the provider.
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Newton Electric FAQ:
What cities does Newton Electric offer service to?
Newton Electric has customers in 8 cities throughout the United States including, North Carolina.
How much is the average bundled bill for Newton Electric customers each month?
Consumers of Newton Electric pay, on average, a monthly bundled bill of $118.05.
What is the phone number for Newton Electric?
You can reach Newton Electric by phone via (828) 695-4287.
Who is the CEO of Newton Electric?
Eddie Haupt is the current CEO of Newton Electric.
What is the average bundled electricity rate for Newton Electric customers?
The average bundled rate of electricity for customers of Newton Electric is 12.14 cents per kilowatt hour (¢/kWh).