Concord Utilities: Rates and Coverage Area

Concord Utilities

Electricity Rates, Plans & Statistics

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About Concord Utilities

Concord Utilities supplies electricity in Concord, North Carolina and additional areas of Cabarrus County. The provider has 62 industrial customers, 28,507 residential customer accounts and 4,705 commercial customers whom they supply. Concord Utilities' consumers are charged an average residential electricity price of 13.97 cents per kilowatt hour, which is 11.34% lower than the national average price of 15.76 cents. This ranks the provider 1651st out of 2892 providers in the US for lowest average electricity rate. The company sold 890,648 megawatt hours in 2022 through retail sales. During the same timeframe, the supplier purchased 961,280 megawatt hours through the wholesale market. Their revenue for 2022 from electricity related activities was $97,961,800, with $96,191,500 coming from retail sales to end users.

The average residential electric bill for a consumer of Concord Utilities is $135.17, while the state average is $137.61. The provider is not associated with any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Concord Utilities currently averages a loss of approximately 7.35% of the total electricity they generate. Concord Utilities' energy loss numbers place them at of 46th best out of the 104 providers that operate in the state and report energy loss and 1283rd best out of 3526 in the country.

Concord Utilities Rate & Electric Bills

Concord Utilities residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.093/kWh$169.08/mo.$78.28/mo.
1651st13.97¢Concord Utilities' Average residential price per kWh
1873rd$135.17Average monthly electricity bill for Concord Utilities' residential customers

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Concord Utilities Overview

  • Company Type:Municipal
  • Headquarters:635 Alfred Brown Junior Court SouthWest
    Concord, North Carolina 28025
    United States of America
  • Director/Superintendent:William C. Dusch

Concord Utilities Contact

Concord Utilities Service

  • States Served:
    • North Carolina
  • Counties Served:
    • Cabarrus County
  • Major Cities Served:
Energy provider of the year for North Carolina, Major Provider Category
Lowest Residential Electricity Rate
North Carolina, Major Provider Category
Claim Award

Energy Loss

Concord Utilities' energy loss due to business operations.

-7.35%

Total Energy Loss

70,632MWh

1283 National Rank

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Concord Utilities Coverage Map

Coverage Map Placeholder

Concord Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina33,274107,988,392.1119100%

Concord Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cabarrus County235,797413.20$133.73/mo

Concord Utilities Reviews

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Concord Utilities FAQ:

Who is the CEO of Concord Utilities?

William C. Dusch is the CEO of Concord Utilities.

What is the phone number for Concord Utilities?

The Concord Utilities phone number is (704) 920-5555.

What is the average bundled electricity rate for Concord Utilities customers?

The average bundled price of electricity for customers of Concord Utilities is 13.97 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for Concord Utilities customers each month?

The average monthly bundled electric bill for customers of Concord Utilities is $135.17. The North Carolina average bundled bill is $137.61 and the national average is $137.61.

Fernando García
Last Reviewed By: Fernando García
Published: 2024-06-21