Wilson Energy

About Wilson Energy

With headquarters in Wilson, North Carolina, Wilson Energy offers electricity services 3 cities in Wilson County, North Carolina and is classified as a municipally owned entity. Presently, 35,860 consumers receive their electricity from the supplier. These customers are a mix of 87.33% residential locations, 12.56% commercial customer accounts and 0.12% industrial customer accounts. Wilson Energy charges their consumers a residential electricity rate of 13.70 cents per kilowatt hour on average. Fortunately for their patrons, this rate is lower than both the North Carolina and the national average rates of 13.81 and 15.76 cents per kilowatt hour, respectively. The company had sales of 1,240,415 megawatt hours in 2022 by way of retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 1,302,316 megawatt hours procured by the company. In 2022 the provider had total electricity related revenue of $123,369,500, with 98.58% coming from retail sales and 1.39% from sales to the wholesale electricity market.

The North Carolina average monthly residential electricity bill is $137.61, while the Wilson Energy average is 4.41% higher at $143.58 per month. Wilson Energy is the 54th ranked company in the state for average monthly bill amount. Electricity production is not part of the Wilson Energy business plan, as they purchase power at wholesale rates from other companies to then be resold to their consumers. Customers of the company deal with 0.62 power outages each year with outages lasting on average 40.78 minutes.