Electric Bill Tracker

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Piedmont Electric Member electric rates

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

Cooperative utility serving 30,334 homes in North Carolina.

Your rate

15.6¢per kWh, average residential rate 5% lower than the U.S. average (16.4¢)
$179average monthly bill$2,144 a year
1,146kWh used per month, average home
+12%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 1,146 kWh, the average for Piedmont Electric Member homes.

kWh
$179 a month
$12 fixed charge + 14.5¢ × 1,146 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 Piedmont Electric Member right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Piedmont Electric Member's average rate is up 12% since 2020, versus +28% for the U.S. average.

13.9¢ 2020 13.4¢ 2021 13.4¢ 2022 15.6¢ 2023 15.6¢ 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 Piedmont Electric Member yet. Check North Carolina programs or read what's left after the federal credits ended.

About Piedmont Electric Member

Ownership
Cooperative
Homes served
30,334 residential customers (2024)
Grid operator
DUK
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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