Power Bill Facts

Albemarle Electric Member Corp: average electricity price and bill

Electric cooperative in North Carolina. 12,728 residential customers in 2024. EIA utility number 240.

Annual file
Form EIA-861, 2024 final
Early release
2025, not fully edited
Monthly data
to July 2026

The average residential price of Albemarle Electric Member Corp was 15.15 cents per kilowatt-hour (kWh) in 2025. EIA early release, not fully edited

This figure is from EIA's early release. EIA has not fully edited the early release. For 2024, the newest final year, the price was 14.47 cents per kWh.

The average monthly bill of a residential customer was $177.32 in 2024, for 1,225 kWh each month. The North Carolina average price was 14.13 cents per kWh in 2024. The US average price was 16.48 cents per kWh in 2024.

In July 2026, the North Carolina average was 15.16 cents per kWh. EIA marks this month as preliminary. EIA has monthly figures for a sample of utilities, and Albemarle Electric Member Corp is not in the sample.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The annual figures on this page are for 2024. Monthly data through .

Since the last EIA release: no tracked figure of Albemarle Electric Member Corp changed. The record of changes starts with the next release. EIA releases and changes

Price and bill beside North Carolina, the ownership type and the US

Form EIA-861, 2024

Albemarle Electric Member Corp beside its references, 2024
FigureThis utilityElectric cooperatives, US medianNorth CarolinaUnited States
Average residential price (cents per kWh)14.4713.7414.1316.48
Average monthly bill (dollars per month)$177.32$149.95$143.50$142.26
Average monthly use (kWh per month)1,2251,1261,015863
Change of the price in 1 year (percent)+0.9%n/a+9.3%+3.0%
Change of the price in 5 years (percent)+2.6%n/a+23.7%+26.7%

State and US figures are EIA's own averages for all customers. The ownership column is a median of utilities with 1,000 or more residential customers, from the final 2024 file.

The average monthly bill is residential revenue divided by customers and by 12 months. The use is residential sales divided by customers and by 12 months. These figures are for bundled service only.

NCUS7.4335.66

14.47 cents per kWh, Albemarle Electric Member Corp, 2024

The dial puts the 2024 price among the 2024 prices of 1,230 US utilities. 66% of them had this price or a lower price. The marks show the North Carolina average and the US average. The scale runs from 7.43 to 35.66 cents per kWh.

Sales by sector

Form EIA-861, 2024

Albemarle Electric Member Corp: customers, sales and revenue by sector, 2024
SectorCustomersSalesShare of sales percentRevenue dollarsAverage price, bundled cents per kWh
Residential12,728187.1 GWh8227,083,00014.47
Commercial1,11735 GWh154,363,00012.48
Industrial256.9 GWh3623,0008.97

Customers, sales and revenue include each service type that the utility reported. The price column uses bundled service only. Sources of energy: 244.2 GWh in total. The utility generated 0% and bought 244.2 GWh. Summer peak demand: 60 MW.

Price history

Form EIA-861, 2013 to 2025

cents per kWh0510152020132015201720192021202320252013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2025 US average: 17.3 cents per kWh2013 North Carolina average: 10.97 cents per kWh2014 North Carolina average: 11.1 cents per kWh2015 North Carolina average: 11.28 cents per kWh2016 North Carolina average: 11.03 cents per kWh2017 North Carolina average: 10.94 cents per kWh2018 North Carolina average: 11.09 cents per kWh2019 North Carolina average: 11.42 cents per kWh2020 North Carolina average: 11.38 cents per kWh2021 North Carolina average: 11.32 cents per kWh2022 North Carolina average: 11.62 cents per kWh2023 North Carolina average: 12.93 cents per kWh2024 North Carolina average: 14.13 cents per kWh2025 North Carolina average: 14.02 cents per kWh2013 Albemarle Electric Member Corp: 13.05 cents per kWh2014 Albemarle Electric Member Corp: 13.16 cents per kWh2015 Albemarle Electric Member Corp: 13.25 cents per kWh2016 Albemarle Electric Member Corp: 12.99 cents per kWh2017 Albemarle Electric Member Corp: 13.04 cents per kWh2018 Albemarle Electric Member Corp: 13.66 cents per kWh2019 Albemarle Electric Member Corp: 14.1 cents per kWh2020 Albemarle Electric Member Corp: 13.75 cents per kWh2021 Albemarle Electric Member Corp: 13.69 cents per kWh2022 Albemarle Electric Member Corp: 13.63 cents per kWh2023 Albemarle Electric Member Corp: 14.34 cents per kWh2024 Albemarle Electric Member Corp: 14.47 cents per kWh2025 Albemarle Electric Member Corp: 15.15 cents per kWhcents per kWh0510152020132017202120252013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2025 US average: 17.3 cents per kWh2013 North Carolina average: 10.97 cents per kWh2014 North Carolina average: 11.1 cents per kWh2015 North Carolina average: 11.28 cents per kWh2016 North Carolina average: 11.03 cents per kWh2017 North Carolina average: 10.94 cents per kWh2018 North Carolina average: 11.09 cents per kWh2019 North Carolina average: 11.42 cents per kWh2020 North Carolina average: 11.38 cents per kWh2021 North Carolina average: 11.32 cents per kWh2022 North Carolina average: 11.62 cents per kWh2023 North Carolina average: 12.93 cents per kWh2024 North Carolina average: 14.13 cents per kWh2025 North Carolina average: 14.02 cents per kWh2013 Albemarle Electric Member Corp: 13.05 cents per kWh2014 Albemarle Electric Member Corp: 13.16 cents per kWh2015 Albemarle Electric Member Corp: 13.25 cents per kWh2016 Albemarle Electric Member Corp: 12.99 cents per kWh2017 Albemarle Electric Member Corp: 13.04 cents per kWh2018 Albemarle Electric Member Corp: 13.66 cents per kWh2019 Albemarle Electric Member Corp: 14.1 cents per kWh2020 Albemarle Electric Member Corp: 13.75 cents per kWh2021 Albemarle Electric Member Corp: 13.69 cents per kWh2022 Albemarle Electric Member Corp: 13.63 cents per kWh2023 Albemarle Electric Member Corp: 14.34 cents per kWh2024 Albemarle Electric Member Corp: 14.47 cents per kWh2025 Albemarle Electric Member Corp: 15.15 cents per kWh

Albemarle Electric Member CorpNorth Carolina averageUS average

Cents per kWh, not adjusted for inflation. The hollow point is EIA's 2025 early release. EIA has not fully edited it.
Table of the figures by year, 2013 to 2025
Albemarle Electric Member Corp: residential figures by year
YearAverage price cents per kWhNorth Carolina average cents per kWhAverage bill dollars per monthAverage use kWh per monthResidential customersSales, all sectors
2025Early release15.1514.02$197.941,30712,810244.7 GWh
202414.4714.13$177.321,22512,728229.1 GWh
202314.3412.93$170.191,18712,520218.2 GWh
202213.6311.62$174.821,28212,370231.8 GWh
202113.6911.32$171.141,25012,254224.8 GWh
202013.7511.38$165.271,20212,140214 GWh
201914.1011.42$174.131,23511,955219.4 GWh
201813.6611.09$181.961,33211,796231.5 GWh
201713.0410.94$159.451,22311,679213.3 GWh
201612.9911.03$161.261,24111,545214.2 GWh
201513.2511.28$170.051,28411,514221.1 GWh
201413.1611.10$172.931,31411,511224.9 GWh
201313.0510.97$165.111,26511,521218.3 GWh

EIA says that its early release is not fully edited. This site shows it for this utility only. It is in no average and in no median.

Reliability: SAIDI and SAIFI

Form EIA-861, 2024

  • SAIDI with major event days: 139.9 minutes without power for each customer in 2024, about 2 hours 30 minutes.
  • SAIDI without major event days: 81.3 minutes for each customer in 2024, 81 minutes.
  • SAIFI with major event days: 1.22 interruptions for each customer in 2024.
  • SAIDI, with major event days139.9 minutesNC median: 154.9 minutes
  • SAIDI, without major event days81.3 minutesNC median: 83.1 minutes
SAIDI and SAIFI, 2024: Albemarle Electric Member Corp beside North Carolina and the US
FigureThis utilityNorth Carolina, median of 44 utilitiesNorth Carolina, EIA totalUS, median of 893 utilities
SAIDI with major event days (minutes per customer per year)139.9154.91,441.0184.5
SAIDI without major event days (minutes per customer per year)81.383.1141.499.8
SAIFI with major event days (interruptions per customer per year)1.221.481.811.40
SAIFI without major event days (interruptions per customer per year)0.831.031.171.01

The utility reported these figures to EIA with a method that is not the IEEE 1366 standard. Methods differ between utilities. What SAIDI and SAIFI mean

For utilities using the IEEE method, a Major Event Day is any day that exceeds a daily SAIDI threshold called Tmed. Tmed is a duration statistic calculated from daily SAIDI values from the past five years. For utilities not using IEEE methods, Major Events are self-determined by the reporting utility.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Annual with data for 2024, Table 11.1, notes (October 2025).

Table of SAIDI and SAIFI by year, 2013 to 2025
Albemarle Electric Member Corp: SAIDI and SAIFI by year
YearSAIDI minutes, with major event daysSAIDI minutes, without major event daysSAIFI interruptions per customer, with major event daysSAIFI interruptions per customer, without major event daysMethod
2025Early release183.963.40.810.64Other
2024139.981.31.220.83Other
2023121.6102.91.261.16Other
2022133.095.31.751.40Other
202167.844.00.650.45Other
2020282.8103.51.781.25Other
2019331.9158.11.941.38Other
201860.460.40.570.57Other
2017216.0120.01.401.10Other
2016551.0195.01.851.40Other
2015144.0144.01.001.00Other
2014984.0138.02.200.95Other
2013105.0105.01.001.00Other

Counties in the service territory

Form EIA-861, 2024

The utility listed these 5 counties on Form EIA-861. A utility can serve only a part of a county on its list.

Other utilities in North Carolina

Form EIA-861, 2024

Watch or compare this utility

The watch list and the compare list stay in this browser. Feed of changes: changes in North Carolina (RSS).

Official channels

EIA's files have no website for a utility. The state utility commission and the utility have the rate schedules.

Cite this page

Power Bill Facts. Albemarle Electric Member Corp: average electricity price and bill. https://powerbillfacts.com/utility/albemarle-electric-member-corp-nc-240/ Source: U.S. Energy Information Administration, Form EIA-861 (2024, early release 2025) and Form EIA-861M. Data through . Page made .

Where the figures come from

Source: U.S. Energy Information Administration. Annual figures: Form EIA-861, final release for 2024, respondent "Albemarle Electric Member Corp", utility number 240. The 2025 row is from EIA's early release. State and US averages: Form EIA-861M sales and revenue workbook, through July 2026. These are US government works in the public domain. An error in the processing of this site is corrected at the next build: report an error.

Questions about Albemarle Electric Member Corp

How does the price of Albemarle Electric Member Corp compare with other utilities?
In 2024, 66% of the 1,230 US utilities with a price had this price or a lower price. In North Carolina, 39 of the 52 other utilities with a price had a lower price.
Did the price of Albemarle Electric Member Corp change?
The average residential price was 14.34 cents per kWh in 2023 and 14.47 cents per kWh in 2024. The 2024 price was 0.13 cents per kWh higher than the 2023 price. In 2019, the price was 14.10 cents per kWh. These prices are not adjusted for inflation.
How many minutes without power did Albemarle Electric Member Corp report?
Albemarle Electric Member Corp reported 139.9 minutes (about 2 hours 30 minutes) without power for each customer in 2024, with major event days. Without major event days, the figure was 81.3 minutes. EIA's name for this figure is SAIDI. The utility also reported 1.22 interruptions for each customer, with major event days (SAIFI).
Which counties does Albemarle Electric Member Corp serve?
Albemarle Electric Member Corp listed 5 counties in North Carolina in its service territory on Form EIA-861 for 2024. This page has the full list. A utility can serve only a part of a county.