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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 - Energy Only | TOU | 9¢ to 29¢ |
Residential Service | Fixed | 13¢ |
Residential TOD - Service Demand/Energy | TOU | 6¢ to 1575¢ |
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.
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
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