Statesville Electric Utility

Statesville Electric Utility is a municipally owned entity headquartered in Statesville, North Carolina and providing power to customers in 6 cities in North Carolina such as the cities of Mooresville, Statesville, Davidson, Troutman, and Stony Point CDP. There are a total of 13,902 customer accounts who are receiving electricity from the supplier. These customers are made up of 80.63% residential properties, 19.09% commercial customers and 0.28% industrial accounts. Statesville Electric Utility averages 10.78 cents per kilowatt hour charged to their consumers for residential electricity . This is below both the state and United States average prices of 11.43 and 13.45 cents per kilowatt hour, respectively. In 2020 the company sold 95.12% of their megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up primarily of megawatt hours they acquired by way of wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. The total revenue for the company for 2020 from electricity sales was $43,358,400, with 98.80% coming from retail sales to end users.

About Statesville Electric Utility

The nationwide average monthly residential electricity bill is $120.24, while the Statesville Electric Utility average is 20.53% lower at $95.56 per month. Ongoing pursuits by the company led to a reduction in CO2 emission amounts of 4.49%. The supplier does not have ownership in any electricity production facilities and all of the electricity that they sell to their consumers must be purchased wholesale from other companies.

Statesville Electric Utility Net Metering

Consumers of Statesville Electric Utility do not have the ability to use net metering. Net metering would make solar panel purchases more economically feasible as it gives the ability for consumers to sell electricity back into the grid.

Energy Loss

Providers routinely report energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Statesville Electric Utility recently reported a loss of 4.88% of their electricity production amount. The state average for energy loss is 3.99% and the United States average is 2.76%. This results in Statesville Electric Utility getting a ranking of 26th worst out of 54 electricity companies in the state and 548th worst out of 3511 providers 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 Electric Rates:

Price Per kWHAverage Bill$0.114/kWh$0.108/kWh$103.66/mo.$95.56/mo.
519th10.78¢Statesville Electric Utility's Average residential price per kWh
465th$95.56Average monthly electric bill for Statesville Electric Utility's residential customers

Statesville Electric Utility Overview

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

Statesville Electric Utility Contact

Statesville Electric Utility Service

    Quick Facts About Statesville Electric Utility

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    Statesville Electric Utility emits 195,969,471.56 kilograms of CO2 emissions from electricity sold, which makes it the 864th highest polluting electricity company in the nation out of 3511.

    Energy provider of the year for North Carolina, Mid-Sized Provider Category
    Lowest Energy Loss
    North Carolina, Mid-Sized Provider Category
    Claim Award

    Energy Loss

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

    -4.88%Light BulbIcon representing Light Bulb.

    Total Energy Loss

    22,764MWh

    548 National Rank

    Statesville Electric Utility Coverage Map

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    Statesville Electric Utility State Coverage

    StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
    North Carolina13,90242,837,90037100%

    Statesville Electric Utility County Coverage

    CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
    Iredell County181,806310.81$111.63/mo

    Cities Statesville Electric Utility Has Coverage

    • Davidson, NC
    • Harmony, NC
    • Love Valley, NC
    • Mooresville, NC
    • Statesville, NC
    • Troutman, NC

    * City coverage generated based on government data. Always verify you can get service from the provider.

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    Statesville Electric Utility FAQ:

    Who is the CEO of Statesville Electric Utility?

    Statesville Electric Utility’s current CEO is John Maclaga.

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

    Statesville Electric Utilitys current average electricity rate is 10.78 cents per kilowatt hour (¢/kWh), compared to the average North Carolina rate of 11.43 cents and the average US rate of 13.45 cents.

    How much is the average bill for Statesville Electric Utility customers each month?

    The average monthly electric bill for customers of Statesville Electric Utility is $95.56. The state average bill is $121.21 and the national average is $121.21.

    What is the phone number for Statesville Electric Utility?

    The Statesville Electric Utility phone number is (704) 878-3564.

    What cities does Statesville Electric Utility provider electricity in?

    Statesville Electric Utility supplies in 6 cities throughout the US including, North Carolina.

    Last Reviewed By: Ginalyn Gelera
    Published: 2021-03-16Last Updated: 2021-09-25