Pinetops, North Carolina Electric Utility

About Pinetops, North Carolina Electric Utility

With their main offices in Pinetops, North Carolina, Pinetops, North Carolina Electric Utility offers electricity services 10 cities throughout Edgecombe County, North Carolina and is classified as a municipally owned organization. There are 727 customers receiving electricity from the company. These customer accounts are made up of 0.28% industrial customers, 13.62% commercial customers and 86.11% residential properties. Pinetops, North Carolina Electric Utility's customers are billed an average residential electricity rate of 14.67 cents per kilowatt hour, resulting in the company ranking 94th out of 107 companies in North Carolina and 2485th out of 2922 in the US for average electricity rate. There were a total of 19,405 megawatt hours sold via retail sales in 2019 by the supplier. Of the megawatt hours they sourced, 20,223 megawatt hours were purchased via the wholesale market. Through electricity sales to end users alone , Pinetops, North Carolina Electric Utility made $2,660,000 in 2019.

Consumers of the company pay an average monthly residential electric bill of $130.27. This is 7.68% above the North Carolina average of $121.21. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end customers.