Tideland EMC

About Tideland EMC

Tideland EMC is an electricity cooperative headquartered in Pantego, North Carolina and serving customers in 6 counties in North Carolina such as the counties of Craven County, Beaufort County, Dare County, Pamlico County, and Washington County. At the moment, 23,146 customers are provided electricity by the supplier. These customers are a mix of 0.01% industrial accounts, 11.76% commercial customers and 88.23% residential accounts. Tideland EMC's customers are billed an average residential electricity price of 15.19 cents per kilowatt hour. This is 11.09% above the nationwide average price of 13.67 cents, resulting in the company ranking 2546th best for average electricity price out of 2922 providers in the nation. The company had sales of 331,012 megawatt hours in 2020 sold to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 378,777 megawatt hours were purchased on wholesale channels. In 2020, the supplier made 98.12% of their revenue from retail electricity sales.

Patrons of the supplier pay an average monthly residential electricity bill of $139.48. This is 15.30% more than the nationwide average of $120.98. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.