EIA data through August 2026 · updated 2026-10-29

Piedmont Electric Member Corp electricity rates

Piedmont Electric Member Corp (cooperative) residential customers paid about 15.6¢ per kWh (2024 average) — an average bill of $179 for 1,146 kWh a month.

Avg. home price15.6¢per kWh
Residential customers30,334NC, 2024
Avg. monthly use1,146kWh
Commercial14.3¢per kWh
Industrial9.3¢per kWh

What a month costs with Piedmont Electric Member Corp

500 kWh / month$78
900 kWh / month$140
1,200 kWh / month$187

Monthly cost at the average price of 15.6¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

9¢12¢15¢18¢20222023202420252026North Carolina averageU.S. average 9¢12¢15¢18¢20222023202420252026North Carolina averageU.S. average
North Carolina averageU.S. average
Aug 202614.9¢per kWh
vs. 1 year ago+2.5%14.6¢
vs. 5 years ago+32%11.3¢
Record high16.3¢Apr 2026
Avg. home bill$1961,310 kWh, Aug
EIA forecast, South Atlantic16.0¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the South Atlantic region, which includes Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is Piedmont Electric Member Corp’s electricity rate?

About 15.6¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average Piedmont Electric Member Corp electric bill?

$179 a month in 2024, for an average of 1,146 kWh (EIA-861).

Is Piedmont Electric Member Corp cheaper than the North Carolina average?

No: 15.6¢ versus the North Carolina average of 14.9¢ (Aug 2026).