Statesville Electric Utility: Rates and Coverage Area

Statesville Electric Utility

Electricity Rates, Plans & Statistics

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About Statesville Electric Utility

Statesville Electric Utility is a municipally owned entity serving Statesville, North Carolina and other areas of Iredell County. The supplier has 39 industrial accounts, 11,598 residential customer accounts and 2,705 commercial customers. Customers of Statesville Electric Utility purchase electricity for, on average, 10.77 cents per kilowatt hour, which is 31.15% below the nationwide average rate of 15.64 cents. This ranks the provider 532nd out of 2893 providers in the nation for lowest average electricity price. They had sales of 450,270 megawatt hours in 2022 via retail sales. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 467,505 megawatt hours were procured by way of the wholesale electricity market. Their revenue in 2022 from electricity related activities was $44,966,000, with $44,494,100 coming from retail sales to end users.

The average residential power bill for a customer of Statesville Electric Utility is $96.37. The provider is not associated with any power plants and all of the power that they sell to their consumers must be purchased wholesale from other suppliers.

Energy Loss

Statesville Electric Utility currently loses roughly 3.69% of the electricity that they generate. The state average for energy loss is 3.47% and the US average is 2.87%. This results in Statesville Electric Utility getting a ranking of 19th best out of 104 electricity suppliers in North Carolina and 542nd best out of 3517 companies in the United States.

Statesville Electric Utility Rate & Electric Bills

Statesville Electric Utility residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.114/kWh$0.108/kWh$103.66/mo.$95.56/mo.
532nd10.77¢Statesville Electric Utility's Average residential price per kWh
712th$96.37Average monthly electricity bill for Statesville Electric Utility's residential customers

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Statesville Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:915 Winston Avenue
    Statesville, North Carolina 28677
    United States of America
  • Director/Superintendent:John Maclaga

Statesville Electric Utility Contact

Statesville Electric Utility Service

Energy provider of the year for North Carolina, Major Provider Category
Top 3 Lowest Energy Loss
North Carolina, Major Provider Category
Claim Award

Energy Loss

Statesville Electric Utility's energy loss due to business operations.


Total Energy Loss


542 National Rank

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Statesville Electric Utility Coverage Map

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Statesville Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina14,34244,494,10036100%

Statesville Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Iredell County195,897311.42$125.01/mo

Statesville Electric Utility Reviews

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Statesville Electric Utility FAQ:

What is the average bundled bill for Statesville Electric Utility customers each month?

Consumers of Statesville Electric Utility pay, on average, a monthly bundled bill of $96.37.

What is the average bundled electricity rate for Statesville Electric Utility customers?

Statesville Electric Utility's current average bundled electricity rate is 10.77 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.93 cents and the average national rate of 15.64 cents.

What is the phone number for Statesville Electric Utility?

Statesville Electric Utility's customer service phone number is (704) 878-3419

Who is the CEO of Statesville Electric Utility?

John Maclaga is the CEO of Statesville Electric Utility.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01