Albemarle Electric Member Corp Electricity Rates

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Albemarle Electric Member Corp Rates

The average electricity rate for Albemarle Electric Member Corp customers is 13.69 cents/kWh. Albemarle Electric Member Corp has several different electricity rates for residential customers, as shown in the table below.

Rate Name	Rate Type	Cost Per kWh
Residential TOD - Service Demand/Energy	TOU	6¢ to 1575¢
Residential TOD Service - Energy Only	TOU	7¢ to 28¢
Residential Service	Fixed	11¢

Albemarle Electric Member Corp Reliability

In 2021, the average Albemarle Electric Member Corp customer lost electricity one time for a duration of 104 minutes. In total, the average Albemarle Electric Member Corp customer had their electricity out for about 68 minutes during the whole year.

Netmetering

Residential systems installed prior to October 1, 2023 and all non-residential systems: Credited to customer's next bill at retail rate; granted to utility at beginning of summer billing season Residential systems installed on or after October 1, 2023: Monthly net excess generation credited at the avoided cost rate

Other Utilities in North Carolina

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