City of Albemarle Electricity Rates

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City of Albemarle Energy Sources

City of Albemarle's energy comes from oil. Oil is the largest source of electricity, providing 100% of City of Albemarle's energy.

100%

Oil

City of Albemarle Rates

The average electricity rate for City of Albemarle customers is 12.25 cents/kWh. City of Albemarle has several different electricity rates for residential customers, as shown in the table below.

Rate Name	Rate Type	Cost Per kWh
Residential Service	Fixed	9¢

City of Albemarle Reliability

In 2021, there were no outages recorded in City of Albemarle.

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

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