Cape Hatteras Electric Cooperative: Rates and Coverage Area

Cape Hatteras Electric Cooperative

Electricity Rates, Plans & Statistics

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About Cape Hatteras Electric Cooperative

Customers of Cape Hatteras Electric Cooperative are charged an average residential electricity rate of 18.53 cents per kilowatt hour. This is, regrettably for their patrons, 34.15% higher than the state's average rate of 13.81 cents, which ranks the supplier 98th out of 108 providers in North Carolina for best average electricity rate. Of the 136,366 megawatt hours the supplier sold and dispossessed, 131,659 were from retail sales. Of the megawatt hours they sourced, 136,366 megawatt hours were obtained via wholesale channels. In 2019 the provider had total electricity related revenue of $19,890,000, with 97.46% coming from retail sales.

The US average monthly residential power bill is $135.34, while the Cape Hatteras Electric Cooperative average is 49.15% more at $201.86 per month. Cape Hatteras Electric Cooperative ranks 2849th in the US for average monthly bill amount. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Cape Hatteras Electric Cooperative Net Metering

Offering net metering to consumers is a win-win situation for Cape Hatteras Electric Cooperative and any people who receive their electricity from the company. Net metering allows residents to sell kilowatt hours back to the grid, making the purchase of solar and other electricity sources a cheaper project.

Cape Hatteras Electric Cooperative Rate & Electric Bills

Cape Hatteras Electric Cooperative residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.209/kWh$0.123/kWh$252.52/mo.$112.51/mo.
2692nd18.53¢Cape Hatteras Electric Cooperative's Average residential price per kWh
2849th$201.86Average monthly electricity bill for Cape Hatteras Electric Cooperative's residential customers

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Cape Hatteras Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:47109 Light Plant Road
    Buxton, North Carolina 27920
    United States of America
  • CEO:Susan Flythe

Cape Hatteras Electric Cooperative Contact

Cape Hatteras Electric Cooperative Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Dare County
  • Major Cities Served:
    • Buxton CDP
    • Frisco CDP
    • Hatteras CDP
    • Avon CDP
    • Salvo CDP
    • Rodanthe CDP
    • Waves CDP

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Cape Hatteras Electric Cooperative Coverage Map

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Cape Hatteras Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina8,02822,367,626.4255100%

Cape Hatteras Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Dare County36,718317.54$170.69/mo

Cape Hatteras Electric Cooperative Reviews

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Cape Hatteras Electric Cooperative FAQ:

How much is the average bundled bill for Cape Hatteras Electric Cooperative customers each month?

Cape Hatteras Electric Cooperative currently has an average monthly bundled electric bill of $201.86, compared to the North Carolina average of $137.61 and the US of $137.61 for bundled service.

What is the phone number for Cape Hatteras Electric Cooperative?

Cape Hatteras Electric Cooperative's customer service phone number is (252) 995-5616

Who is the CEO of Cape Hatteras Electric Cooperative?

Cape Hatteras Electric Cooperative's current CEO is Susan Flythe.

What is the average bundled electricity rate for Cape Hatteras Electric Cooperative customers?

Cape Hatteras Electric Cooperative's current average bundled electricity rate is 18.53 cents per kilowatt hour (¢/kWh), compared to the average North Carolina bundled rate of 13.81 cents and the average United States rate of 15.76 cents.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-05-05