Piedmont Electric Member Corp
Cooperative electric utility · North Carolina · #479 of 3,199 U.S. utilities by customers · EIA utility #15023
Piedmont Electric Member Corp is a cooperative electric utility serving 34,859 customers in North Carolina. In 2025 it sold 540 gigawatt-hours of electricity for $81.53M in revenue, an average realized rate of 15.11¢ per kWh across all customer classes and 15.63¢ per kWh for residential customers. Its reported service territory covers 7 counties. EIA records its activities as: distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 30,640 | 437 | $68.32M | 15.63¢ | |
| Commercial | 4,207 | 71.2 | $10.51M | 14.75¢ | |
| Industrial | 12 | 31.2 | $2.70M | 8.66¢ | |
| Total | 34,859 | 540 | $81.53M | 15.11¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (1,189 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 33,280 | 489 | $64.94M | 13.37¢ |
| 2022 | 33,659 | 497 | $66.58M | 13.42¢ |
| 2023 | 34,076 | 489 | $75.42M | 15.64¢ |
| 2024 | 34,448 | 513 | $77.67M | 15.60¢ |
| 2025 | 34,859 | 540 | $81.53M | 15.63¢ |
Reliability (2025)
Average outage time (SAIDI): 503 minutes per customer per year
Average outages (SAIFI): 1.75 per customer
Average restoration time (CAIDI): 286 minutes
As reported for North Carolina under the IEEE standard, with major event days included where the standard reports them. Lower is better; see the reliability rankings.
Energy supply (2025)
Net generation: — GWh
Wholesale power purchased: 572 GWh
Winter peak demand: 166 MW
Energy losses: 5.4% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 99.8% of 34,612 meters
Customer-sited generation (net metering): 684 installations, 5.1 MW of capacity
Counties served
Alamance, NCCaswell, NCChatham, NCDurham, NCGranville, NCOrange, NCPerson, NC
Other large utilities in North Carolina
- Duke Energy Carolinas, LLC - 2,962,438 customers, residential 13.43¢
- Duke Energy Progress - (NC) - 1,782,155 customers, residential 15.07¢
- EnergyUnited Elec Member Corp - 145,028 customers, residential 11.61¢
- Brunswick Electric Member Corp - 118,326 customers, residential 13.34¢
- Union Electric Membership Corp - (NC) - 90,148 customers, residential 13.92¢
- Jones-Onslow Elec Member Corp - 85,801 customers, residential 13.39¢
- Fayetteville Public Works Commission - 85,088 customers, residential 12.14¢
- Blue Ridge Elec Member Corp - (NC) - 81,175 customers, residential 14.92¢
All North Carolina utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #15023 in the EIA frame.