South River Electric EMC
Electricity Rates, Plans & Statistics
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About South River Electric EMC
South River Electric EMC is an electricity cooperative. The largest county serviced by South River Electric EMC is Cumberland County, but the company also provides electricity in 5 counties in the state of North Carolina. A total of 48,779 customers (94.55% residential accounts, 5.45% commercial customers and 0.00% industrial accounts) purchase their electricity from the company. The residential electricity rate for customers of South River Electric EMC is, on average, 13.13 cents per kilowatt hour, which is 19.03% lower than the national average rate of 16.22 cents. This ranks the company 1138th out of 2885 companies in the nation for lowest average electricity price. The company sold 815,666 megawatt hours through retail sales in 2023. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2023, they made a total of $108,485,000 from business activities relating to the sale and transfer of electricity. They had revenue of $99,678,000 from retail sales to end users.
The average monthly residential electricity bill for a customer of South River Electric EMC is $173.14 per month, while the North Carolina average is $145.67. Patrons of the supplier pay 19.16% more compared to other residents of North Carolina. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.
Offering net metering to customers is a win-win situation for South River Electric EMC and citizens who get their electricity from the company. Net metering makes solar panel purchases more economically feasible as it allows consumers to sell electricity into the grid.
South River Electric EMC loses electricity at a rate of 3.96% of their total production from heat dissipation and other causes. This percentage of loss earns them a rank of 29th best out of 103 companies who report energy loss in the state.
South River Electric EMC Rate & Electric Bills
South River Electric EMC residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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South River Electric EMC Overview
- Company Type:Cooperative
- Headquarters:17494 US 421 South
Dunn, North Carolina 28335
United States of America - CEO:Chris M. Spears
South River Electric EMC Contact
- Website:www.sremc.com
- Customer Service Phone:(910) 892-8071
- Contact Page:www.sremc.com
- Social Media:
South River Electric EMC Service
- Rates & Plans:www.sremc.com
- Outage Map:outage.sremc.com
- Outage Phone:(910) 892-8071
- States Served:
- North Carolina
- Counties Served:
- Cumberland County
- Johnston County
- Harnett County
- Sampson County
- Bladen County
- Major Cities Served:
- Hope Mills
- Anderson Creek CDP
- Erwin
- Lillington
- Eastover
- Stedman
- Vander CDP
- Bonnetsville CDP
- Bunnlevel CDP
- Plain View CDP
Energy Loss
South River Electric EMC's energy loss due to business operations.
Total Energy Loss
33,633MWh
802 National Rank
Power Outages
Currently, 0 customers are being tracked in South River Electric EMC.
Customers Out:
0
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South River Electric EMC Coverage Map
South River Electric EMC State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 48,853 | 108,578,807.2 | 18 | 100% |
South River Electric EMC County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Bladen County | 30,105 | 4 | 13.92 | $170.21/mo |
| Cumberland County | 336,699 | 4 | 13.57 | $154.22/mo |
| Harnett County | 138,832 | 3 | 14.54 | $164.30/mo |
| Johnston County | 234,778 | 8 | 14.79 | $156.82/mo |
| Sampson County | 59,468 | 3 | 14.08 | $165.90/mo |
Cities South River Electric EMC Has Coverage
- Eastover, NC
- Erwin, NC
- Falcon, NC
- Hope Mills, NC
- Lillington, NC
- Stedman, NC
* City coverage generated based on government data. Always verify you can get service from the provider.
South River Electric EMC Reviews
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South River Electric EMC FAQ:
Who is the CEO of South River Electric EMC?
South River Electric EMC's CEO is Chris M. Spears.
How much is the average bundled bill for South River Electric EMC customers each month?
South River Electric EMC currently has an average monthly bundled electric bill of $173.14, compared to the North Carolina average of $145.67 and the national of $145.67 for bundled service.
How many counties does South River Electric EMC offer service in?
There are 5 counties that receive at least some electricity coverage by South River Electric EMC including North Carolina.
What is the phone number for South River Electric EMC?
South River Electric EMC's customer service phone number is (910) 892-8071
What cities does South River Electric EMC supply electricity in?
South River Electric EMC serves 6 cities.
What is the average bundled electricity rate for South River Electric EMC customers?
Consumers of South River Electric EMC, on average, have an electricity bundled rate 13.13 cents per kilowatt hour (¢/kWh).
