Town of Tarboro Utilities

About Town of Tarboro Utilities

Town of Tarboro Utilities provides electricity in Tarboro in Edgecombe County, North Carolina. There are 6,586 customers of the company. Exactly 13 of them are industrial accounts, 972 are commercial accounts and 5,601 of them are residential accounts. Town of Tarboro Utilities charges their consumers a residential electricity rate of 13.15 cents per kilowatt hour on average, which is 6.70% less than North Carolina's average rate of 14.10 cents. This ranks the supplier 48th best for average electricity price out of 108 companies in North Carolina. In 2023 the company had sales to end customers totaling 211,746 megawatt hours. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 219,621 megawatt hours acquired by the company. Their revenue in 2023 from electricity related activities was $22,817,000, the entirety of which came from retail sales to end users.

The state average monthly residential electricity bill is $145.67, while the Town of Tarboro Utilities average is 11.10% below at $129.76 per month. This is the 30th lowest average monthly bill amount for a supplier in North Carolina. Electricity generation is not part of the Town of Tarboro Utilities business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.