Rocky Mount Utilities

About Rocky Mount Utilities

Rocky Mount Utilities is a municipally owned entity headquartered in Rocky Mount, North Carolina and providing power to customers in 2 counties in North Carolina including counties like Nash County and Edgecombe County. Presently, 29,794 consumers are provided electricity by the provider. These customers are a mix of 86.87% residential locations, 13.00% commercial accounts and 0.13% industrial properties. On average, Rocky Mount Utilities bills their customers a residential electricity rate of 12.96 cents per kilowatt hour, which is, luckily, 17.45% lower than the average national price of 15.70 cents. In 2023 the company sold 692,941 megawatt hours via retail sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023 the supplier had total electricity related revenue of $74,825,000, with 98.95% from retail sales.

The average monthly residential power bill for a consumer of Rocky Mount Utilities is $130.68. Patrons of the company pay 5.78% less compared to the rest of the US. The company's consumers are faced with an average of 1.44 electrical outages per customer a year. These outages are on average 72.44 minutes, while the nationwide average is 1.44 outages per consumer and 123.49 minutes each outage. Electricity production is not part of the Rocky Mount Utilities business model, as they purchase electricity at wholesale rates from other providers to then be resold to their end users.