Union Power: Rates and Coverage Area

Union Power

Electricity Rates, Plans & Statistics

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About Union Power

Union Power is an electric cooperative. The largest city served by the company is Charlotte, but the company also supplies electricity in 26 cities in the state. There are a total of 83,575 customers served by the company. These customer accounts are made up of 81,656 residential accounts, 1,918 commercial properties and one industrial account. On average, Union Power charges their consumers a residential electricity rate of 12.19 cents per kilowatt hour, which is 5.73% lower than the average North Carolina rate of 12.93 cents and 22.01% below the US average of 15.64. In 2022 they sold 1,386,895 megawatt hours via retail sales to end users. The electricity sourced by Union Power is made up of primarily wholesale purchased megawatt hours, with 1,480,178 acquired by the company. Their revenue for 2022 from electricity related activities was $168,801,000, with $163,726,000 from retail sales to end users.

The US average monthly residential power bill is $132.69, while the Union Power average is 11.48% higher at $147.93 per month. Union Power ranks 2198th in the United States for average monthly bill total. The company does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other providers.

Union Power Net Metering

Fortunately, Union Power allows their customers to participate in net metering programs. Without net metering, solar panel installation is significantly less economically feasible, as citizens have no way to sell unused electricity back into the infrastructure system.

Energy Loss

Union Power recently reported a yearly loss of around 6.30% of the electricity that they generate. Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity generation industry and suppliers must report these losses. These averages allow us to compare and contrast the various providers who operate throughout the country. Union Power has received a rank of 37th best out of 104 companies who report energy loss in the state.

Union Power Rate & Electric Bills

Union Power residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.123/kWh$0.120/kWh$161.63/mo.$147.69/mo.
1098th12.19¢Union Power's Average residential price per kWh
2198th$147.93Average monthly electricity bill for Union Power's residential customers

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Union Power Overview

  • Company Type:Cooperative
  • Headquarters:1525 North Rocky River Road
    Monroe, North Carolina 28110
    United States of America
  • CEO:Greg Andress

Union Power Contact

Union Power Service

Energy Loss

Union Power's energy loss due to business operations.

-6.30%

Total Energy Loss

93,283MWh

1145 National Rank

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Union Power Coverage Map

Coverage Map Placeholder

Union Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina83,575163,726,00010100%

Union Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cabarrus County235,797312.01$124.20/mo
Mecklenburg County1,145,392611.89$121.07/mo
Rowan County149,645411.77$122.57/mo
Stanly County62,148412.13$130.25/mo
Union County249,070412.23$132.47/mo

Cities Union Power Has Coverage

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

Union Power Reviews

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Union Power FAQ:

Who is the CEO of Union Power?

Greg Andress is the current CEO of Union Power.

What is the average bundled bill for Union Power customers each month?

The average monthly bundled electric bill for customers of Union Power is $147.93. The state average bundled bill is $127.16 and the national average is $127.16.

What is the average bundled electricity rate for Union Power customers?

Consumers of Union Power, on average, have an electricity bundled rate 12.19 cents per kilowatt hour (¢/kWh).

What is the phone number for Union Power?

Union Power's customer service phone number is (704) 289-3145

How many counties does Union Power supply electricity in?

Union Power sells electricity to customers in 5 counties throughout the United States.

What cities does Union Power supply electricity in?

Union Power provides electricity to 26 cities throughout the nation including North Carolina.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-03-29