Carteret-Craven El Member Corp electricity rates

It is a smaller system, serving 38,858 residential customers, which means its fixed costs are spread across a narrow base. At 12.15¢ per kilowatt-hour it is one of the cheaper places to buy electricity in North Carolina, 19.5% under the statewide average of 15.09¢.

Its customers use more electricity than the national norm, 1,007 kilowatt-hours a month against 871, which amplifies whatever the rate does.

Owned by the customers it serves, with directors elected by members. Co-ops are frequently outside state rate regulation. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Carteret-Craven El Member Corp customer went 104 minutes without electricity across 1.26 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is better than the typical American utility, though the figure includes major storm days and can move sharply from one year to the next.

Carteret-Craven El Member Corp offers time-of-use pricing to residential customers. 76 households were enrolled, about 0.2% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.