Piedmont Electric Member Corporation
Electricity Rates, Plans & Statistics
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About Piedmont Electric Member Corporation
Piedmont Electric Member Corporation serves 6 counties in the state of North Carolina including Durham County, Alamance County, Orange County, Granville County, and Person County. Recently, the company reported a customer base of 33,659 customers. Exactly 3,949 are commercial properties, 29,709 are residential accounts and one is an industrial account. The average residential electricity rate for consumers of Piedmont Electric Member Corporation is approximately 13.42 cents per kilowatt hour. This is 14.14% lower than the US average price of 15.64 cents, which ranks the provider 1694th lowest for average electricity price out of 2893 suppliers in the United States. A total of 497,411 megawatt hours were sold to retail customers in 2022 by the company. Of the megawatt hours they sourced, 531,539 megawatt hours were acquired by way of wholesale channels. In 2022, the provider had revenue of $66,577,600 from retail electricity sales. Their revenue from electricity activities was $67,085,300.
The state average monthly residential electricity bill is $127.16, while the Piedmont Electric Member Corporation average is 24.92% higher at $160.22 per month. Piedmont Electric Member Corporation is the 95th ranked supplier in the state for average monthly bill amount. Electricity generation is not part of the Piedmont Electric Member Corporation business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.
Offering net metering to consumers is a win-win situation for Piedmont Electric Member Corporation and residents who get their electricity from the company. Without net metering, solar panel installation is significantly less attractive economically, as individuals have no way to sell extra energy back into the grid.
All providers who produce electricity suffer from some energy loss from heat depletion or other factors. Piedmont Electric Member Corporation is no different, as they have a yearly loss of around 6.17% of the total electricity they produce. The state of North Carolina has an energy loss average of 3.47% and the nationwide average is 2.87%, resulting in Piedmont Electric Member Corporation receiving a rank of 36th best out of 104 providers reporting energy loss in North Carolina.
Piedmont Electric Member Corporation Rate & Electric Bills
Piedmont Electric Member Corporation residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
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Piedmont Electric Member Corporation Overview
- Company Type:Cooperative
- Headquarters:2500 North Carolina -86 South
Hillsborough, North Carolina 27278
United States of America - CEO:Stephen Hamlin
Piedmont Electric Member Corporation Contact
- Website:www.pemc.coop
- Customer Service Phone:(800) 222-3107
- Contact Page:www.pemc.coop
- Social Media:
Piedmont Electric Member Corporation Service
- Rates & Plans:www.pemc.coop
- Outage Map:outageviewer.pemc.org:88
- Outage Phone:(800) 449-2667
- States Served:
- North Carolina
- Counties Served:
- Durham County
- Alamance County
- Orange County
- Granville County
- Person County
- Major Cities Served:
- Durham
- Carrboro
- Hillsborough
- Roxboro
- Rougemont CDP
- Efland CDP
- Table Of Contents:
Energy Loss
Piedmont Electric Member Corporation's energy loss due to business operations.
Total Energy Loss
32,811MWh
1119 National Rank
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Piedmont Electric Member Corporation Coverage Map
Piedmont Electric Member Corporation State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| North Carolina | 33,659 | 66,577,600 | 24 | 100% |
Piedmont Electric Member Corporation County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Alamance County | 176,353 | 4 | 12.40 | $123.26/mo |
| Caswell County | 22,785 | 3 | 13.42 | $140.78/mo |
| Durham County | 332,680 | 4 | 12.47 | $127.59/mo |
| Granville County | 60,854 | 5 | 13.53 | $141.17/mo |
| Orange County | 150,477 | 3 | 12.47 | $130.75/mo |
| Person County | 38,999 | 2 | 13.95 | $149.49/mo |
Cities Piedmont Electric Member Corporation Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
Piedmont Electric Member Corporation Reviews
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Piedmont Electric Member Corporation FAQ:
What is the average bundled bill for Piedmont Electric Member Corporation customers each month?
The average monthly bundled electric bill for customers of Piedmont Electric Member Corporation is $160.22. The North Carolina average bundled bill is $127.16 and the United States average is $127.16.
Who is the CEO of Piedmont Electric Member Corporation?
The current CEO of Piedmont Electric Member Corporation is Stephen Hamlin.
What is the average bundled electricity rate for Piedmont Electric Member Corporation customers?
Piedmont Electric Member Corporation's current average bundled electricity rate is 13.42 cents per kilowatt hour (¢/kWh), compared to the average North Carolina bundled rate of 12.93 cents and the average US rate of 15.64 cents.
How many counties does Piedmont Electric Member Corporation offer service in?
There are 6 counties that receive at least some electricity coverage by Piedmont Electric Member Corporation including North Carolina.
What is the phone number for Piedmont Electric Member Corporation?
Piedmont Electric Member Corporation's customer service phone number is (800) 222-3107
What cities does Piedmont Electric Member Corporation sell electricity in?
Piedmont Electric Member Corporation supplies in 4 cities.
