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Piedmont Electric Member Corp. electricity rates

Electric cooperative · North Carolina · SERC region

Residential rate
16.46¢
per kWh incl. all charges
Avg. monthly bill
$196
1,189 kWh/month
vs. North Carolina
+11%
state avg 14.77¢
Homes served
31K
79th cheapest of 90 in NC
Outage time
8 hr 23 min
per customer, 2025

Piedmont Electric Member Corp. is a member-owned electric cooperative, so its customers own it and elect its board, serving 30,640 homes in North Carolina. Its residential customers pay an average of 16.46¢/kWh including fixed and delivery charges, 9% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.

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Piedmont Electric Member Corp. bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$82.30$111.24
1,000 kWh$164.60$142.04
1,500 kWh$246.90$172.84
2,000 kWh$329.20$203.64

*RESIDENTIAL - TIME-OF-DAY - DEMAND/ENERGY Three Phase (effective 2015-06-01, $80.44/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

Piedmont Electric Member Corp. residential rate plans

PlanEffectiveCustomer chargeEnergy charges
RESIDENTIAL - TIME-OF-DAY - DEMAND/ENERGY Three Phase2015-06-01$80.44 6.16¢
RESIDENTIAL SERVICE - ENERGY STAR Standard Single Phasetime-of-use2015-06-01$35.44 12.3¢ (12am–12am) — summer weekdays
RESIDENTIAL SERVICE - ENERGY STAR All- Electric Three Phase (RS-ES)time-of-use2015-06-01$80.44 12.3¢ (12am–12am) — summer weekdays
RESIDENTIAL SERVICE - ENERGY EFFICIENT THREE PHASE(EE-3)time-of-use2015-06-01$80.44 12.8¢ (12am–12am) — summer weekdays
RESIDENTIAL SERVICE Three-Phase(RS-3)time-of-use2015-06-01$80.44 12.8¢ (12am–12am) — summer weekdays
Residential Service Single Phasetime-of-use2015-06-01$35.44 12.8¢ (12am–12am) — summer weekdays
RESIDENTIAL SERVICE - ENERGY STAR All- Electric Single Phase(RS-ES)time-of-use2015-06-01$35.44 12.3¢ (12am–12am) — summer weekdays
RESIDENTIAL - TIME-OF-DAY - ENERGY ONLY Three Phasetime-of-use2015-06-01$69.89 4.9¢ (12am–1pm, 6pm–12am) · 33.1¢ (1pm–6pm) — summer weekdays
RESIDENTIAL - TIME-OF-DAY - ENERGY ONLY Single Phasetime-of-use2015-06-01$30.44 4.9¢ (12am–1pm, 6pm–12am) · 33.1¢ (1pm–6pm) — summer weekdays
RESIDENTIAL TIME-OF-DAY - DEMAND/ENERGY Single-Phase(R/SGS-TOD-1)2015-06-01$35.44 6.16¢

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

Piedmont Electric Member Corp. rate history

Piedmont Electric Member Corp. annual average residential price 10¢12¢13¢15¢16¢ 2015201720202021202320242025 2015: 13¢2017: 13¢2020: 14¢2021: 13¢2023: 16¢2024: 16¢2025: 16¢
Piedmont Electric Member Corp.North Carolina avg

2015–2025: +18% change in the average residential rate (13.20¢ → 15.63¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2025Piedmont Electric Member Corp.North Carolina avgU.S. avg
Outage minutes per customer (SAIDI)503195266
Outages per customer (SAIFI)1.751.381.34
Average restoration time (CAIDI)4 hr 47 min——
Outage minutes excluding major storms146139121
Piedmont Electric Member Corp. outage minutes per customer by year 0515102915442059 201520172019202120232025 2015: 3122016: 2092017: 1092018: 18492019: 3302020: 2072021: 6292022: 6592023: 2122024: 3982025: 503
With major eventsExcluding major events

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Piedmont Electric Member Corp.'s counties, customers averaged 49 hr 21 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Alamance26,44016012,3602025-07-07
Chatham5,7831668,5402025-07-07
Durham5,57021614,3032025-06-20
Caswell2,078603,3192025-05-04
Orange1,74211723,2352025-07-07
Granville1,2338511,0702025-10-09
Person774832,2912025-01-06

Piedmont Electric Member Corp. service area

Piedmont Electric Member Corp. serves 7 counties in North Carolina and 35 ZIP codes.

Counties served by Piedmont Electric Member Corp.

Alamance, Caswell, Chatham, Durham, Granville, Orange, Person

Cities: Durham, Chapel Hill, Burlington, Carrboro, Clayton, Graham, Reidsville, Mebane, Elon, Oxford, Roxboro, Gibsonville, Hillsborough, Briar Chapel, Pittsboro, Glen Raven, Haw River, Fearrington Village, Green Level, Yanceyville

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Customers with daily usage data online30,428
Time-based rate programsTime-of-use rates
Homes on time-based rates2,199
Net-metered solar homes661
Home batteries paired with solar63
Homes in demand response (e.g. thermostat rebates)6,741
Residential efficiency incentives paid (2025)$49,000
Residential energy saved by programs935 MWh

Piedmont Electric Member Corp. at a glance

OwnershipElectric cooperative
ServicesDistribution
Commercial rate15.54¢/kWh
Industrial rate9.12¢/kWh
Retail revenue (2025)$81,526,400
Electricity sold (2025)539,643 MWh
Peak demand133 MW summer · 166 MW winter
Line losses5.4%
Balancing authorityDUK
EIA utility ID15023

Other utilities in North Carolina

Compare all North Carolina electric companies →

Frequently asked questions

What is Piedmont Electric Member Corp.'s electricity rate?

Piedmont Electric Member Corp. residential customers pay an average of 16.46¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 11% above the North Carolina average of 14.77¢ and 9% below the U.S. average.

What is the average Piedmont Electric Member Corp. electric bill?

About $196 a month. The average Piedmont Electric Member Corp. home uses 1,189 kWh a month. At 1,000 kWh the bill would be about $165.

How many customers does Piedmont Electric Member Corp. have?

Piedmont Electric Member Corp. serves 30,640 residential customers and 34,859 customers in total in North Carolina, across 7 counties.

How reliable is Piedmont Electric Member Corp.?

In 2025, the average Piedmont Electric Member Corp. customer was without power for 8 hr 23 min (SAIDI) over 1.75 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 26 min. The North Carolina average was 3 hr 15 min and the U.S. average 4 hr 26 min.

Does Piedmont Electric Member Corp. offer time-of-use rates?

Yes. The OpenEI rate database lists 8 time-of-use residential plans, including RESIDENTIAL SERVICE - ENERGY STAR Standard Single Phase. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.

Does Piedmont Electric Member Corp. offer net metering for solar?

Piedmont Electric Member Corp. had 661 residential net-metered customers in 2025 with 4.4 MW of capacity and 63 solar-paired batteries. Estimate solar savings at this utility's rate.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Piedmont Electric Member Corp. before making decisions.