Category: News Releases

Goal of low cost

  We know the price you pay for electricity is important to you, and as your co-op, we take steps every day to ensure we’re delivering quality service at an affordable price to you and your family. To learn more about how we save you money and keep costs down,… Read More»

Facilities charge and rider changes for 2021

At Piedmont Electric 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 small increase to our facilities charge and some of our riders was necessary. In 2020 we conducted a cost of service study… Read More»

April showers bring May savings

The sun is shining and spring flowers are blossoming. Here at Piedmont Electric, that means savings are in bloom too! This spring, explore our money-saving programs to help you save now and in the warmer days ahead. Smart thermostat savings program If you’re someone who tries to keep your energy… Read More»

Green living made easy

We know many of our members are looking for ways to add green initiatives in their everyday lives. We’re here to make it a little easier to help you meet your green energy goals! Explore three of our environmentally friendly programs to see if they are right for you. Support… Read More»

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»