Electric Bill Tracker

States › North Carolina

Albemarle Electric Member electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Cooperative utility serving 12,728 homes in North Carolina.

Your rate

14.47¢per kWh, average residential rate 12% lower than the U.S. average (16.4¢)
$177average monthly bill$2,128 a year
1,225kWh used per month, average home
+5%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 1,225 kWh, the average for Albemarle Electric Member homes.

kWh
$177 a month
$12 fixed charge + 13.5¢ × 1,225 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for Albemarle Electric Member right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Albemarle Electric Member's average rate is up 5% since 2020, versus +28% for the U.S. average.

13.8¢ 2020 13.7¢ 2021 13.6¢ 2022 14.3¢ 2023 14.5¢ 2024 U.S. avg

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for Albemarle Electric Member yet. Check North Carolina programs or read what's left after the federal credits ended.

About Albemarle Electric Member

Ownership
Cooperative
Homes served
12,728 residential customers (2024)
Grid operator
PJM
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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