Piedmont Electric Member Corporation

Piedmont Electric Member Corporation provides electricity to 8 cities in North Carolina. The company is an electric cooperative. With 32,923 customers, the provider provides electricity to 3,784 commercial locations, 29,138 residential customers and one industrial customer. The residential electricity price for patrons of Piedmont Electric Member Corporation is, on average, 13.88 cents per kilowatt hour. Regrettably for their customers, this rate is above both the state and the United States average rates of 11.43 and 13.45 cents per kilowatt hour, respectively. There were a total of 466,482 megawatt hours sold through retail sales in 2020 by the company. Of the megawatt hours they sourced, 496,627 megawatt hours were acquired on wholesale channels. In 2020, the company had revenue of $64,691,400 from retail electricity sales.

About Piedmont Electric Member Corporation

The average residential electric bill for a consumer of Piedmont Electric Member Corporation is $159.81 per month. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other providers and then resell to their customers.

Piedmont Electric Member Corporation Net Metering

Customers of Piedmont Electric Member Corporation are able to participate in net metering offerings, which is a positive for both parties. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their extra electricity back into the grid.

Energy Loss

Piedmont Electric Member Corporation currently suffers from the loss of around 5.84% of the electricity that they generate via heat dissipation and other causes. This percentage of electricity lost gives them a rank of 1113th best out of 3510 suppliers who report energy loss in the US.

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 Electric Rates:

Price Per kWHAverage Bill$0.139/kWh$0.127/kWh$160.53/mo.$153.79/mo.
2440th13.88¢Piedmont Electric Member Corporation's Average residential price per kWh
2921st$159.81Average monthly electric bill for Piedmont Electric Member Corporation's residential customers

Piedmont Electric Member Corporation Overview

  • Company Type:Cooperative
  • Headquarters:2500 NC-86 South
    Hillsborough, North Carolina 27278
    United States of America
  • CEO:Stephen Hamlin

Piedmont Electric Member Corporation Contact

Piedmont Electric Member Corporation Service

Energy Loss

Piedmont Electric Member Corporation's energy loss due to business operations.

-5.84%Light BulbIcon representing Light Bulb.

Total Energy Loss

29,005MWh

1113 National Rank

Piedmont Electric Member Corporation Coverage Map

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Piedmont Electric Member Corporation State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
North Carolina32,92364,691,40025100%

Piedmont Electric Member Corporation County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Alamance County169,509410.95$115.46/mo
Caswell County22,604311.37$122.17/mo
Durham County321,488411.17$119.27/mo
Granville County60,443511.65$128.46/mo
Orange County148,476311.69$126.92/mo
Person County39,490412.08$134.26/mo

Cities Piedmont Electric Member Corporation Has Coverage

  • Carrboro, NC
  • Chapel Hill, NC
  • Durham, NC
  • Hillsborough, NC
  • Mebane, NC
  • Roxboro, NC
  • Stovall, NC
  • Yanceyville, NC

* 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:

How many counties does Piedmont Electric Member Corporation provider electricity in?

There are 6 counties that receive at least some electricity coverage by Piedmont Electric Member Corporation.

How much is the average bill for Piedmont Electric Member Corporation customers each month?

Piedmont Electric Member Corporation currently has an average monthly electric bill of $159.81, compared to the North Carolina average of $121.21 and the US of $121.21.

Who is the CEO of Piedmont Electric Member Corporation?

Stephen Hamlin is the CEO of Piedmont Electric Member Corporation.

What is the phone number for Piedmont Electric Member Corporation?

Piedmont Electric Member Corporation's customer service phone number is (800) 222-3107

What is the average electricity rate for Piedmont Electric Member Corporation customers?

Piedmont Electric Member Corporations current average electricity rate is 13.88 cents per kilowatt hour (¢/kWh), compared to the average North Carolina rate of 11.43 cents and the average US rate of 13.45 cents.

What cities does Piedmont Electric Member Corporation offer service in?

Piedmont Electric Member Corporation provides electricity in 8 cities throughout the US.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2021-08-25