Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error
In North Carolina, Piedmont Electric Member Corp bills 34,448 accounts, 88.1% residential, as an cooperative utility. Its home price sits 10.4% over the North Carolina average and ranks 26 of 30 among larger utilities.
At 1,146 kWh a month a Piedmont Electric Member Corp home pays about $179 in energy: 15.60 ¢/kWh, 10.4% above the North Carolina average of 14.13 ¢.
Its home price sits 10.4% over the North Carolina average and ranks 26 of 30 among larger utilities.
Home price is where Piedmont Electric Member Corp departs furthest from the North Carolina pattern: 15.60 ¢ against a state average of 14.13 ¢, place 26 of 30 among North Carolina utilities with 20,000+ homes. The cheapest of those is Town of Apex- (NC) at 10.52 ¢ (-5.08 ¢ from here), the most expensive Haywood Electric Member Corp at 16.60 ¢ (+1.01 ¢).
A home using 1,146 kWh a month pays about $179 in energy here; at the North Carolina average the same use would cost $162, a difference of +$17 a month.
| Piedmont Electric Member Corp, 2024 | Home | Business | Bill | SAIDI |
|---|---|---|---|---|
| Piedmont Electric Member Corp | 15.60 ¢/kWh | 14.35 ¢/kWh | $179at 1,146 kWh | 170 minSAIDI |
| North Carolina average against this company, which is 26 of 30 on priceLowest in this table | -1.47 ¢/kWhcompany 10.4% above | -3.79 ¢/kWhcompany 35.9% above | -$17a month at 1,146 kWh | -78 mincompany 78 above |
| Duke Energy Progress | 15.54 ¢/kWhcompany 0.3% above | 11.32 ¢/kWhcompany 26.8% above | $1781 less than company | 141 mincompany 29 above |
Compare 48 North Carolina companies
Piedmont Electric Member Corp: +0.2% on 2024 for homes, North Carolina -0.8%.
Piedmont Electric Member Corp: 15.63 ¢/kWh in the 2025 early release, +0.2% from 15.60 ¢; North Carolina as a whole went -0.8%, so Piedmont Electric Member Corp kept pace with it by 1.0 points. Its SAIDI is 146 minutes against 170 in 2024.
Piedmont Electric Member Corp serves 30,334 homes in North Carolina. At 1,146 kWh a month that is about 324 kg of CO₂, or 3,890 kg a year, at the North Carolina plant rate, state generation and not this utility: North Carolina generation mix.
13.20 ¢ in 2015, 15.60 ¢ in 2024 (+18.2%); North Carolina 11.28 to 14.13 ¢.
| Year | Piedmont Electric Member Cor | Gap to North Carolina residential | Gap to U.S. residential |
|---|---|---|---|
| 2015 | 13.20 | +1.92 | +0.55 |
| 2016 | 12.85 | +1.82 | +0.30 |
| 2017 | 13.23 | +2.29 | +0.34 |
| 2018 | 12.73 | +1.64 | -0.14 |
| 2019 | 12.89 | +1.47 | -0.12 |
| 2020 | 13.88 | +2.50 | +0.73 |
| 2021 | 13.37 | +2.05 | -0.29 |
| 2022 | 13.43 | +1.81 | -1.61 |
| 2023 | 15.64 | +2.71 | -0.36 |
| 2024 | 15.60 | +1.47 | -0.88 |
10 rows from EIA retail sales.
CSV101 min in 2015, 170 in 2024.
| Year | Piedmont Electric Memb, no major events |
|---|---|
| 2015 | 101 |
| 2016 | 124 |
| 2017 | 109 |
| 2018 | 149 |
| 2019 | 106 |
| 2020 | 119 |
| 2021 | 121 |
| 2022 | 144 |
| 2023 | 168 |
| 2024 | 170 |
10 rows from EIA-861 survey.
CSV170.5 min, 1.71x the median reporter, rank 490 of 673.
Piedmont Electric Member Corp, Reliability: EIA-861 survey.
CSVFrom 13.20 ¢ in 2015 to 15.60 ¢ in 2024, a move of +18.2%: Piedmont Electric Member Corp lagged its state (+25.3%) by 7.1 points, and -12.1 points against the U.S. Piedmont Electric Member Corp's sharpest move came in 2023, +16.5%. The high is 15.64 ¢ (2023) and the low 12.73 ¢ (2018). 2024: -0.3% here, +9.3% for the North Carolina average. SAIDI at Piedmont Electric Member Corp (major events excluded) rose from 101 minutes in 2015 to 170 in 2024, +69%; worst year 2024 at 170. At 170 minutes in 2024, Piedmont Electric Member Corp sat +71 from the national SAIDI median, with 1 of 10 years below it. 2018: 1849 minutes with major events, 149 without, the widest gap of any year. Piedmont Electric Member Corp has 25 cheaper and 4 higher-priced North Carolina peers among 30 with 20,000+ homes. Next cheaper, Duke Energy Progress, bills 15.54 ¢ (-0.05). Next higher-priced, Randolph Electric Member Corp, bills 15.91 ¢ (+0.31).
Both measures lean against customers: 10.4% above the North Carolina average on price and 1.7x the national median on outage minutes (170).
Home accounts at Piedmont Electric Member Corp went from 27,683 in 2015 to 30,334 in 2024, +9.6%. Business customers paid 0.92 times the home price in 2024 (14.35 against 15.60 ¢); the ratio was 0.98 in 2015. SAIFI went from 1.13 in 2015 to 1.50 in 2024, between 0.83 and 1.77.
By 2024 the average Piedmont Electric Member Corp customer sat through 170 minutes of outage, against 55 in 2013 (+210%). The low came in 2013 at 55, the high in 2024 at 170; 12 years were filed. The North Carolina median in 2024 was 88 minutes, so Piedmont Electric Member Corp ran above it.
Home rates at Piedmont Electric Member Corp went from 13.67 ¢ in 2013 to 15.60 ¢ in 2024 (+14.1%), which is 18.89 ¢ to 16.01 ¢ in 2025 dollars (−15.3%). Over 12,000 kWh a year the real price meant $2,267 in 2013 and $1,921 in 2024. Of 52 North Carolina utilities with 1,000+ home accounts in 2024, Piedmont Electric Member Corp stood 46th cheapest (53rd of 66 in 2013).
Piedmont Electric Member Corp at 170 min in 2024 and the North Carolina median at 88.
Piedmont Electric Member Corp: 16.01 ¢ in 2025 dollars (solid) and 15.60 ¢ as billed (dashed) in 2024.
| Year, Piedmont Electric | ¢ billed | ¢ in 2025 $ | Price place, Piedmont Elect | SAIDI min | SAIFI | SAIDI place, Piedmont Elect | North Carolina median SAIDI |
|---|---|---|---|---|---|---|---|
| 2013 | 13.67 | 18.89 | 53 of 66 | 55 | 1.00 | 8 of 24 | 78 |
| 2014 | 13.46 | 18.31 | 47 of 66 | 86 | 0.84 | 14 of 22 | 71 |
| 2015 | 13.20 | 17.93 | 43 of 66 | 101 | 1.13 | 14 of 23 | 94 |
| 2016 | 12.85 | 17.24 | 46 of 66 | 124 | 1.17 | 16 of 26 | 92 |
| 2017 | 13.23 | 17.38 | 55 of 66 | 109 | 1.14 | 18 of 28 | 74 |
| 2018 | 12.73 | 16.32 | 44 of 66 | 149 | 1.26 | 21 of 29 | 112 |
| 2019 | 12.89 | 16.23 | 59 of 88 | 106 | 0.83 | 18 of 29 | 96 |
| 2020 | 13.88 | 17.27 | 47 of 52 | 119 | 1.07 | 19 of 28 | 78 |
| 2021 | 13.37 | 15.89 | 45 of 52 | 121 | 1.03 | 22 of 28 | 67 |
| 2022 | 13.43 | 14.77 | 39 of 52 | 144 | 1.25 | 22 of 29 | 92 |
| 2023 | 15.64 | 16.52 | 48 of 52 | 168 | 1.77 | 26 of 31 | 101 |
| 2024 | 15.60 | 16.01 | 46 of 52 | 170 | 1.50 | 29 of 34 | 88 |
Piedmont Electric Member, EIA utility 15023: EIA-861, CPI-U.
CSV| Piedmont Electric Member Corp sector | Accounts | Rate ¢/kWh | Gap to North Carolina ¢/kWh |
|---|---|---|---|
| Residential | 30,334 | 15.60 | +1.47 |
| Commercial | 4,111 | 14.35 | +3.79 |
| Year | Home accounts, Piedmont Electric Memb | Home ¢ | Business ¢ | Ratio | SAIDI | SAIFI |
|---|---|---|---|---|---|---|
| 2015 | 27,683 | 13.20 | 12.91 | 0.98 | 101 | 1.13 |
| 2016 | 27,858 | 12.85 | 12.16 | 0.95 | 124 | 1.17 |
| 2017 | 28,006 | 13.23 | 12.66 | 0.96 | 109 | 1.14 |
| 2018 | 28,281 | 12.73 | 12.65 | 0.99 | 149 | 1.26 |
| 2019 | 28,804 | 12.89 | 12.85 | 1.00 | 106 | 0.83 |
| 2020 | 29,138 | 13.88 | 14.12 | 1.02 | 119 | 1.07 |
| 2021 | 29,420 | 13.37 | 13.30 | 0.99 | 121 | 1.03 |
| 2022 | 29,709 | 13.43 | 13.50 | 1.01 | 144 | 1.25 |
| 2023 | 30,035 | 15.64 | 14.59 | 0.93 | 168 | 1.77 |
| 2024 | 30,334 | 15.60 | 14.35 | 0.92 | 170 | 1.50 |
| Utility near Piedmont Electric Member Corp on price | SAIDI min, gap to Piedmont Electric Member Corp | Home ¢, gap to Piedmont Electric Member Corp | Gap % to Piedmont Electric Member Corp | Accounts, Piedmont Electric Member Corp = 1 |
|---|---|---|---|---|
| 23. Blue Ridge Elec Member Corp | -78 | -1.01 | -6.5% | 2.34 |
| 24. French Broad Elec Member Corp | No data | -0.82 | -5.2% | 1.16 |
| 25. Duke Energy Progress | -29 | -0.05 | -0.3% | 45.77 |
| 26. Piedmont Electric Member Corp (this utility) | 170 | 15.60 | - | 1.00 |
| 27. Randolph Electric Member Corp | -56 | +0.31 | +2.0% | 0.98 |
| 28. Surry-Yadkin Elec Member Corp | +43 | +0.46 | +3.0% | 0.82 |
| 29. Tideland Electric Member Corp | -16 | +0.59 | +3.8% | 0.71 |
| Class at Piedmont Electric Member Corp | Accounts | Of Piedmont Electric Member Corp accounts | Of Piedmont Electric Member Corp MWh sold | kWh a year per Piedmont Electric Member Corp account |
|---|---|---|---|---|
| Residential | 30,334 | 88.1% | 81.2% | 13,747 |
| Commercial | 4,111 | 11.9% | 14.1% | 17,641 |
| Industrial and other | 3 | 0.01% | 4.7% | 7,972,000 |
| Piedmont Electric Member Corp and its neighbours on price | SAIDI min, gap to Piedmont Electric Member Corp | Home ¢, gap to Piedmont Electric Member Corp | Accounts, Piedmont Electric Member Corp = 1 |
|---|---|---|---|
| 1. EnergyUnited Elec Member Corp (NC) | -47 | -4.06 | 4.13 |
| 2. Jones-Onslow Elec Member Corp (NC) | -125 | -2.50 | 2.45 |
| 3. Rutherford Elec Member Corp (NC) | +180 | -2.47 | 2.22 |
| 4. Wake Electric Membership Corp (NC) | -62 | -2.17 | 1.63 |
| 5. Brunswick Electric Member Corp (NC) | -139 | -1.93 | 3.41 |
| 6. Blue Ridge Elec Member Corp (NC) | -78 | -1.01 | 2.34 |
| 7. Piedmont Electric Member Corp (NC, this utility) | 170 | 15.60 | 1.00 |
| 8. Haywood Electric Member Corp (NC) | +395 | +1.01 | 0.87 |
| Measure | Piedmont Electric Member Corp | North Carolina context | Piedmont Electric Member Corp detail |
|---|---|---|---|
| Piedmont Electric Member Corp home meters on AMI | 99.8% | North Carolina 92.5% | 30,334 of 30,404 meters |
| Homes with daily digital access | 30,210 | North Carolina figure not published | 100% of the 30,334 home accounts |
| Time-of-use rate for Piedmont Electric Member Corp homes | Offered | 20 of 35 North Carolina utilities offer one | 2,038 homes on dynamic pricing, 6.72% of 30,334 |
| Net-metered installations | 617 | 97% residential | 19.6 homes per 1,000 accounts, 7.2 kW average |
| kWh | Share of a 1,146 kWh month | Cost a month at 15.60 ¢ | vs U.S. | Cost a year |
|---|---|---|---|---|
| 250 | 22% | $38.99 | -$2.21 | $468 |
| 500 | 44% | $77.98 | -$4.42 | $936 |
| 750 | 65% | $116.97 | -$6.63 | $1,404 |
| 1,000 | 87% | $155.96 | -$8.84 | $1,872 |
| 1,500 | 131% | $233.94 | -$13.26 | $2,807 |
| 2,000 | 175% | $311.93 | -$17.67 | $3,743 |
| Measure, Piedmont Electric Me | No events | All events | Converted |
|---|---|---|---|
| SAIDI minutes | 170.5 | 397.8 | 2.84 h |
| SAIFI interruptions | 1.500 | 2.200 | 0.67 yr apart |
| CAIDI minutes | 113.7 | 180.8 | 1.89 h |
7 North Carolina counties, region SERC:
North Carolina other states: 7 of 7 counties of Piedmont Electric Member Corp drawn
Piedmont Electric Member Corp: 7 counties listed by EIA-861, Census 2023 outlines.
CSV34,448 accounts in 2024: residential 30,334, commercial 4,111, industrial 3.
In 2024 homes paid 15.60 cents; against the North Carolina average that is +10.4%.
SAIDI 170.5 min and SAIFI 1.50 a year, major events excluded; ratio to the national median 1.71, CAIDI 114 min.
617 installations with 4.5 MW, of which residential installations number 596.
1,146 kWh at 15.60 cents comes to about $179, energy only.
Rank 26 of 30 in North Carolina on price, +10.4% against the state average; 25 charge less than 15.60 ¢.
Homes take 81.2% of 513,427 MWh, commercial accounts 14.1%, industrial and other 4.7%; the 4,111 commercial accounts use 17,641 kWh each, 1.3 times a home.
30,334 of 30,404 home meters are AMI, 99.8%. Piedmont Electric Member Corp offers a home time-of-use rate; 2,038 customers use dynamic pricing, 6.72% of its homes.
21st cheapest of 26 in 2015, 26th of 30 in 2024; its price rose 18.2% while North Carolina rose 25.3%.
Place 7 of 8 on home price at 15.60 ¢ (North Carolina cooperatives); median 13.54 ¢, cheapest member 11.54 ¢.
15.63 cents per kWh, +0.2% on the 15.60 of 2024 (EIA early release for 2025).
Home prices nearest to Piedmont Electric Member Corp at 15.60 ¢/kWh in 2024, among companies with a page here, any state.
12 home plan records, energy charges: 4.9 to 33.1 ¢/kWh.
Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).