Electric Bill Tracker

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Randolph Electric Member electric rates

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

Cooperative utility serving 31,086 homes in North Carolina.

Your rate

15.91¢per kWh, average residential rate 3% lower than the U.S. average (16.4¢)
$163average monthly bill$1,958 a year
1,026kWh used per month, average home
+19%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 1,026 kWh, the average for Randolph Electric Member homes.

kWh
$163 a month
$12 fixed charge + 14.7¢ × 1,026 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 Randolph Electric Member right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Randolph Electric Member's average rate is up 19% since 2020, versus +28% for the U.S. average.

13.4¢ 2020 13.1¢ 2021 14.3¢ 2022 14.8¢ 2023 15.9¢ 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 Randolph Electric Member yet. Check North Carolina programs or read what's left after the federal credits ended.

About Randolph Electric Member

Ownership
Cooperative
Homes served
31,086 residential customers (2024)
Grid operator
CPLE
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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