New River Light & Power Co
State electric utility · North Carolina · #1,184 of 3,199 U.S. utilities by customers · EIA utility #13482
New River Light & Power Co is a state electric utility serving 9,178 customers in North Carolina. In 2025 it sold 215 gigawatt-hours of electricity for $22.39M in revenue, an average realized rate of 10.41¢ per kWh across all customer classes and 12.06¢ per kWh for residential customers. Its reported service territory covers 1 counties. EIA records its activities as: buying transmission, distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 7,318 | 64.5 | $7.78M | 12.06¢ | |
| Commercial | 1,860 | 151 | $14.61M | 9.70¢ | |
| Total | 9,178 | 215 | $22.39M | 10.41¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (735 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 8,942 | 206 | $16.36M | 9.47¢ |
| 2022 | 8,944 | 214 | $26.11M | 13.78¢ |
| 2023 | 8,973 | 205 | $18.61M | 10.44¢ |
| 2024 | 9,097 | 207 | $22.76M | 12.45¢ |
| 2025 | 9,178 | 215 | $22.39M | 12.06¢ |
Reliability (2025)
Average outage time (SAIDI): 110 minutes per customer per year
Average outages (SAIFI): 0.69 per customer
Average restoration time (CAIDI): 159 minutes
As reported for North Carolina under the IEEE standard, with major event days included where the standard reports them. Lower is better; see the reliability rankings.
Energy supply (2025)
Net generation: — GWh
Wholesale power purchased: 224 GWh
Winter peak demand: 54 MW
Energy losses: 3.8% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 100.0% of 9,221 meters
Customer-sited generation (net metering): 18 installations, 0.1 MW of capacity
Counties served
Watauga, NC
Other large utilities in North Carolina
- Duke Energy Carolinas, LLC - 2,962,438 customers, residential 13.43¢
- Duke Energy Progress - (NC) - 1,782,155 customers, residential 15.07¢
- EnergyUnited Elec Member Corp - 145,028 customers, residential 11.61¢
- Brunswick Electric Member Corp - 118,326 customers, residential 13.34¢
- Union Electric Membership Corp - (NC) - 90,148 customers, residential 13.92¢
- Jones-Onslow Elec Member Corp - 85,801 customers, residential 13.39¢
- Fayetteville Public Works Commission - 85,088 customers, residential 12.14¢
- Blue Ridge Elec Member Corp - (NC) - 81,175 customers, residential 14.92¢
All North Carolina utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #13482 in the EIA frame.