Tideland EMC

About Tideland EMC

Tideland EMC is an electricity cooperative headquartered in Pantego, North Carolina and serving customers in 5 counties in North Carolina such as the counties of Craven County, Beaufort County, Dare County, Pamlico County, and Hyde County. At the moment, 24,541 customers are provided electricity by the supplier. These customers are a mix of 0.04% industrial accounts, 11.44% commercial customers and 88.52% residential accounts. Tideland EMC's customers are billed an average residential electricity price of 16.00 cents per kilowatt hour. This is 13.51% higher than North Carolina's average rate of 14.10 cents, ranking the company at 95th best for average electricity rate out of 108 companies in North Carolina. Around 343,749 megawatt hours were sold by the supplier to retail accounts in 2023. During the same timeframe, Tideland EMC purchased 377,213 megawatt hours by way of the wholesale market. In 2023, the provider made 98.05% of their revenue from retail electricity sales to end users.

Patrons of the supplier pay an average monthly residential electricity bill of $157.57. This is 9.89% more than the nationwide average of $143.38. The electricity grid owned by the company experiences an average of 2.91 outages per consumer a year, with outages lasting roughly 293.4 minutes. The nationwide average for other providers is 1.44 outages per customer and 123.49 minutes an outage. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates to then be resold to their consumers.