South River Elec Member Corp in North Carolina: 13.30 ¢ home rates and 45,730 homes

In North Carolina, South River Elec Member Corp bills 48,357 accounts, 94.6% residential, as an cooperative utility. Its home price moved +7.1% from 2015 to 2024, 18.2 points slower than North Carolina.

South River Elec Member Corp: 1,257 kWh a month costs roughly $167 in energy at 13.30 ¢/kWh, -5.9% on the North Carolina average of 14.13 ¢.

South River Elec Member Corp: price path since 2015

Home price since 2015: +7.1%North Carolina +25.3%, a gap of -18.2 points

South River Elec Member Corp went from 12.42 ¢ in 2015 to 13.30 ¢ in 2024, +7.1%, while the North Carolina average went +25.3%.

For South River Elec Member Corp the 2024 file holds no SAIDI/SAIFI row, so those rows read "No data" beside 45,730 home accounts; a missing filing says nothing about service quality.

How it compares

South River Elec Member Corp
South River Elec Member Corp, 2024	Home	Business	Bill	SAIDI
South River Elec Member CorpLowest in this table	13.30 ¢/kWh	9.67 ¢/kWh	$167at 1,257 kWh	No dataSAIDI
North Carolina average against this company	+0.83 ¢/kWhcompany 5.9% below	+0.89 ¢/kWhcompany 8.4% below	+$10a month at 1,257 kWh	No data

Compare 48 North Carolina companies

South River Elec Member Corp: 2025

South River Elec Member Corp: +9.5% on 2024 for homes, North Carolina -0.8%.

South River Elec Member home price, 2025: 14.56 ¢/kWh+9.5% on 2024, early release
South River Elec Member against North Carolina, 2025: +10.3 pointsSouth River Elec Member +9.5%, North Carolina -0.8%

South River Elec Member Corp reported 14.56 ¢/kWh for homes in 2025, +9.5% on its 2024 figure of 13.30, while the North Carolina average moved -0.8%.

South River Elec Member Corp charts

Residential price since 2015: 13.30 ¢ in 2024

12.42 ¢ in 2015, 13.30 ¢ in 2024 (+7.1%).

South River Elec Member Corp residential price 2015-2024, 2015 to 2024: 10 rows

Year	South River Elec Member Corp	Gap to North Carolina residential	Gap to U.S. residential
2015	12.42	+1.14	-0.23
2016	12.43	+1.40	-0.12
2017	12.22	+1.28	-0.67
2018	11.81	+0.72	-1.06
2019	12.67	+1.25	-0.34
2020	12.81	+1.43	-0.34
2021	12.59	+1.27	-1.07
2022	12.64	+1.02	-2.40
2023	12.90	-0.03	-3.10
2024	13.30	-0.83	-3.18

10 rows from EIA retail sales.

CSV

Home accounts 2015-2024: 45,730

40,873 in 2015, 45,730 in 2024 (+11.9%).

South River Elec Member Corp home accounts by year, 2015 to 2024: 10 rows

Year	South River Elec Member Corp
2015	40873
2016	41233
2017	41706
2018	42096
2019	42563
2020	42977
2021	43626
2022	44604
2023	45098
2024	45730

10 rows from EIA retail sales.

CSV

Rates 2024: 13.30 and 9.67 ¢

13.30 and 9.67 ¢ for this company.

¢/kWh

South River Elec M residential13.30
North Carolina residential14.13
U.S. residential16.48
South River Elec M commercial9.67
North Carolina commercial10.56
U.S. commercial12.75

South River Elec Member Corp, Rates 2024: EIA retail sales.

CSV

Net metering: 15.9 per 1,000

15.9 residential installations per 1,000 accounts.

per 1,000

South River Elec Membe15.9
U.S. median utility8.7

South River Elec Member Corp, Net metering: EIA-861 survey.

CSV

Analyst note

South River Elec Member Corp sold 846,750 MWh in 2024 to 48,357 accounts; homes took 81.5% of the energy and 15,085 kWh each over the year.

EIA-861 holds 10 years of home price for South River Elec Member Corp, from 12.42 ¢ in 2015 to 13.30 ¢ in 2024 (+7.1%).

Outages and home price of South River Elec Member Corp (EIA utility 17572), 2013 to 2024

Corrected for inflation, a South River Elec Member Corp home paid 13.65 ¢/kWh in 2024 against 16.67 ¢ in 2013, −18.1%; the bill itself went 12.06 ¢ to 13.30 ¢ (+10.3%). A home using 1,000 kWh a month paid $2,000 for the year at the 2013 real price and $1,638 at the 2024 price. Place on home price: 25th cheapest of 66 in 2013, 28th of 52 in 2024 among North Carolina utilities with 1,000+ homes.

South River Elec Member Corp home price since 2013: −18.1% after inflation

South River Elec Member Corp: 13.65 ¢ in 2025 dollars (solid) and 13.30 ¢ as billed (dashed) in 2024.

South River Elec Member Corp, EIA utility 17572, year by year among North Carolina utilities

South River Elec Member Corp 2013-2024: 12 rows

Year, South River Elec M	¢ billed	¢ in 2025 $	Price place, South River El	SAIDI min	SAIFI	SAIDI place, South River El	North Carolina median SAIDI
2013	12.06	16.67	25 of 66	–	–	–	–
2014	12.14	16.50	24 of 66	–	–	–	–
2015	12.42	16.87	27 of 66	–	–	–	–
2016	12.43	16.68	35 of 66	–	–	–	–
2017	12.22	16.06	31 of 66	–	–	–	–
2018	11.81	15.14	27 of 66	–	–	–	–
2019	12.67	15.96	52 of 88	–	–	–	–
2020	12.81	15.93	35 of 52	–	–	–	–
2021	12.59	14.96	31 of 52	–	–	–	–
2022	12.64	13.90	27 of 52	–	–	–	–
2023	12.90	13.63	25 of 52	–	–	–	–
2024	13.30	13.65	28 of 52	–	–	–	–

South River Elec Member , EIA utility 17572: EIA-861, CPI-U.

CSV

SAIDI explained, North Carolina real prices.

Facts

Customer accounts: 48,3570.8% of North Carolina total
Residential accounts: 45,7300.9% of North Carolina homes
Commercial accounts: 2,6255.4% of the base
Industrial accounts: 20.00% of the base
Residential rate: 13.30 ¢/kWhplace 16 of 30, -5.9% against the state
Commercial rate: 9.67 ¢/kWh-8.4% against North Carolina
Average residential use: 15,085 kWh/yr1,257 a month
Implied monthly bill: $1671,257 kWh at 13.30 ¢, energy only
Energy sold or delivered: 846,750 MWhhomes 81%, business 19%
Residential rate since 2015: +7.1%12.42 to 13.30 ¢/kWh
SAIDI, no major events: No datanone filed for 45,730 homes
Net-metered capacity: 6.1 MW729 installations
Counties listed: 5North Carolina

Data tables

2024 by sector, South River Elec Member Corp

South River Elec Member Corp sector	Accounts	Rate ¢/kWh	Gap to North Carolina ¢/kWh
Residential	45,730	13.30	-0.83
Commercial	2,625	9.67	-0.89

What EIA-861 holds for South River Elec Member Corp

Topic, South River Elec Member	Status	Detail
Home price and accounts, South River Elec Membe	10 years	2015 to 2024, 45,730 homes in 2024
Business price, South River Elec Membe	Filed 2024	9.67 ¢/kWh on 2,625 accounts
SAIDI and SAIFI, South River Elec Membe	No data for 2024	no year of 2015 to 2024 for 48,357 accounts
Net metering, South River Elec Membe	Filed 2024	729 installations, 6.1 MW
Service-territory counties, South River Elec Membe	5 counties	in North Carolina
Smart meters (AMI/AMR), South River Elec Membe	Filed 2024	45,730 of 45,730 home meters AMI
2025 early release, South River Elec Membe	Filed	14.56 ¢/kWh for homes

Year by year, South River Elec Member Corp

Year	Home accounts, South River Elec Membe	Home ¢	Business ¢
2015	40,873	12.42	10.04
2016	41,233	12.43	9.65
2017	41,706	12.22	9.22
2018	42,096	11.81	8.97
2019	42,563	12.67	9.57
2020	42,977	12.81	9.43
2021	43,626	12.59	9.24
2022	44,604	12.64	9.19
2023	45,098	12.90	9.48
2024	45,730	13.30	9.67

Peers of South River Elec Member Corp in North Carolina, place 16 of 30 on home price

Company near South River Elec Mem on price	Home ¢	Gap % to South River Elec Mem	Accounts, South River Elec Mem = 1
13. Lumbee River Elec Member Corp	12.81	-3.7%	1.39
14. Jones-Onslow Elec Member Corp	13.09	-1.6%	1.74
15. Rutherford Elec Member Corp	13.13	-1.3%	1.58
16. South River Elec Member Corp (this company)	13.30	-	1.00
17. Union Electric Membership Corp	13.37	+0.5%	1.81
18. Wake Electric Membership Corp	13.42	+0.9%	1.16
19. Brunswick Electric Member Corp	13.66	+2.7%	2.43

Who buys South River Elec Member Corp's electricity

Class, South River Elec Membe	Accounts	Of South River Elec Mem accounts	Of MWh	kWh a year per account
Residential	45,730	94.6%	81.5%	15,085
Commercial	2,625	5.4%	17.3%	55,666
Industrial and other	2	0.00%	1.3%	5,397,000

Monthly energy cost by use, South River Elec Member Corp

kWh	Share of a 1,257 kWh month	Cost a month at 13.30 ¢	Cost a year
250	20%	$33.25	$399
500	40%	$66.51	$798
750	60%	$99.76	$1,197
1,000	80%	$133.01	$1,596
1,500	119%	$199.52	$2,394
2,000	159%	$266.02	$3,192

Territory of South River Elec Member Corp

5 North Carolina counties, region SERC:

North Carolina other states: 5 of 5 counties of South River Elec Member Corp drawn

South River Elec Member Corp: 5 counties listed by EIA-861, Census 2023 outlines.

CSV

County list

Bladen
Cumberland
Harnett
Johnston
Sampson

Questions on South River Elec Member Corp

How many customers does South River Elec Member Corp serve in North Carolina?

48,357 accounts in 2024: residential 45,730, commercial 2,625, industrial 2.

What is the average residential rate of South River Elec Member Corp?

In 2024 homes paid 13.30 cents; against the North Carolina average that is -5.9%.

How reliable is South River Elec Member Corp by SAIDI and SAIFI?

South River Elec Member Corp has no reliability row for its 45,730 homes in EIA-861 2024, so no SAIDI or SAIFI is shown; the North Carolina median reporter is 93 min.

How much solar net metering is on the South River Elec Member Corp grid?

729 installations with 6.1 MW, of which residential installations number 727.

What is the monthly bill at South River Elec Member Corp for average use?

1,257 kWh at 13.30 cents comes to about $167, energy only.

How does South River Elec Member Corp rank on price within North Carolina?

Rank 16 of 30 in North Carolina on price, -5.9% against the state average; 15 charge less than 13.30 ¢.

What data is missing for South River Elec Member Corp?

48,357 accounts sit behind South River Elec Member Corp, whose 2024 filing lacks no SAIDI/SAIFI row; the other 6 rows of the coverage table are on file.

Who buys power from South River Elec Member Corp?

Homes take 81.5% of 846,750 MWh, commercial accounts 17.3%, industrial and other 1.3%.

What did South River Elec Member Corp charge homes in 2025?

14.56 cents per kWh, +9.5% on the 13.30 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to South River Elec Member Corp at 13.30 ¢/kWh in 2024, among companies with a page here, any state.

Lake Region Electric CooperativeMinnesota, 13.28 ¢/kWh, 0.02 ¢ below
Arkansas Valley Elec Coop CorpArkansas, 13.33 ¢/kWh, 0.03 ¢ above
Crow Wing Cooperative Power & Light CompMinnesota, 13.33 ¢/kWh, 0.03 ¢ above
Jefferson Electric Member CorpGeorgia, 13.27 ¢/kWh, 0.03 ¢ below

Primary sources for South River Elec Member Corp in North Carolina: 13.30 ¢ home rates and 45,730 homes

EIA-861 annual report entry for South River Elec Member Corp in North Carolina: 13.30 ¢ home rates and 45,730 homes, customers and sales
EIA-861 form instructions for South River Elec Member Corp in North Carolina: 13.30 ¢ home rates and 45,730 homes, how a customer is counted
EIA state profiles for South River Elec Member Corp in North Carolina: 13.30 ¢ home rates and 45,730 homes, the state price average