Monthly Archives: March 2021

Annual Report 2020: COVID

Serving members through a pandemic At Piedmont Electric, members matter. As your local electric cooperative, we are constantly striving to better serve you. In 2020, that meant doing things in ways we never have before. As our communities entered lockdowns in March and it looked like many of our members… Read More»

Annual Report 2020: Financials

McNair, McLemore, Middlebrooks & Company, of Macon, Ga., audited the Consolidated Financial Statements as of December 31, 2020 and 2019. The auditors have issued an unqualified opinion on those statements. The complete Independent Auditor’s Report is available for inspection at the cooperative’s headquarters office in Hillsborough, N.C. The Consolidated Balance… Read More»

Annual Report 2020: COVID-19 impact on members

The COVID-19 pandemic has had an impact on families and businesses across the nation. While Piedmont Electric remains in solid financial position, your co-op has been impacted. Here’s a snapshot of how the pandemic has impacted co-op members and what we’ve done to help. *We anticipate a large portion of… Read More»

Annual Report: Helping hand for the community

Piedmont Electric’s Helping Hand Foundation continues to make a difference in our communities thanks to the support of members like you! The Foundation helps individuals in need with energy assistance while also supporting local nonprofits, scholarships for students, grants for teachers and other projects that help our area continue to… Read More»

Annual Report: Looking back at 2020

Goal of low cost We know that costs matter. While we strive to provide exceptional service, we also understand that we need to do that at the lowest cost we can. Through strong financial management, Piedmont Electric was able to keep our residential energy charge the same for the sixth… Read More»

Annual Report: Looking ahead to 2021

Exceptional value Your local co-op strives to provide you with the best service possible while maintaining our goal of being a low cost provider. This past year we conducted a cost of service study to ensure we can continue to provide you with that exceptional service you have come to… Read More»

Taking care of the power so you can take care of what matters

When it comes to powering our communities, no one works harder than a Piedmont Electric lineworker. Rain or shine, day or night, our lineworkers restore power so that you can stay comfortable and focus on the important moments in life. On April 12, and every day, we show our appreciation… Read More»