Rider Changes for 2022

At Piedmont Electric Cooperative we work hard to keep rates low for our members and are pleased that our energy charge for residential members will not change; however a change to some of our riders and Time-of-Day periods was necessary. Please participate in programs that help us keep rates low. Piedmont Electric’s energy peak accounts for more than half of the costs we pay for electricity from our provider. In the summer, our peak occurs 1-6 p.m. when air conditioning units are typically running full blast. In the winter, our peak occurs between 6-10 a.m. when people are getting ready for their day.

This is the eighth year in a row that our residential energy charge component has remained the same. We are proud that our rates remain below the state and national average.

As your local cooperative we’ve kept rates dependable and steady while also making improvements to our system to increase reliability, returning capital credits to our members and delivering exceptional service.

Detailed below are the changes to various riders charged by the cooperative. Piedmont Electric must comply with state energy efficiency and renewable energy standards. Each year, your cooperative adjusts these riders up or down to reflect the cost of complying with these requirements.

May 2022 Official Rates and Rider changes

Also detailed are the changes to the cooperative’s storm damage recovery rider, renewable generation net metering rider, what we pay to those who generate solar and our new fixed Time-of-Day periods. Visit pemc.coop/rates to see the complete listing of our rates.

Effective May 1, 2022.