Union Electric Membership Corp electricity rates

It serves 84,602 residential customers in North Carolina. Its 13.37¢ per kilowatt-hour sits 11.4% below the North Carolina average of 15.09¢.

Consumption here is high, 1,230 kilowatt-hours a month against a national average of 871. Long cooling seasons, large detached homes and electric resistance heating are the usual causes, and together they matter more to the bill than 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 Union Electric Membership Corp customer went 357 minutes without electricity across 1.43 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is worse than typical. Overhead lines through wooded or storm-exposed terrain are the usual explanation, and the fix is vegetation management and circuit automation, both of which are recovered through rates.

610 residential customers had net-metered solar in 2024, totalling 4.84 megawatts. That works out to 7.2 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is below the national median. A low retail rate reduces what solar displaces, and export compensation set at avoided cost rather than the retail rate reduces it further. What exports are actually worth.