South River EMC Rates

South River EMC's rates are seen below.

 

The Equalizer is a temporary measure used to recover unexpected increases incurred by the Cooperative, as well as enabling the Cooperative the ability to issue a credit when less revenue is needed.This leveling of costs helps reduce the impact on you rather than adjusting rates. The Equalizer currently is $2.35 per 1000 kwh. used.

Rates are carefully crafted to ensure we recover our costs and maintain the financial stability of the co-op.

Rates 2025

Grid Access Charges

Summer (May- October)

Winter (November- April)

Single-Phase

$37.50

$37.50

Three-Phase

$67.50

$67.50

Energy Charges

 

 

For all kwh used per month

11.61¢ per kwh

10.52¢ per kwh

Grid Access Charges:

Summer (May-October)

Winter (November-April)

Single-Phase

$41.25

$41.25

Three-Phase

$74.25

$74.25

Energy Charges:

 

 

For all on-peak kwh used per month

19.60¢ per kwh

19.60¢ per kwh

For all off-peak kwh used per month

7.84¢ per kwh

7.84¢ per kwh

For all super off-peak kwh used per month

3.93¢ per kwh

3.93¢ per kwh

 

Grid Access Charges:

 

Single-Phase

$45.00

Three-Phase

$81.00

Energy Charges:

 

For the first 750 kWh used per month

12.50¢ per kwh

For the next 1,250 kWh used per month

10.94¢ per kwh

For the next 2,000 kWh used per month

10.36¢ per kwh

For all kWh above 4,000 used per month

9.58¢ per kwh

 

Grid Access Charges:

 

Single-Phase

$50.63

Three-Phase

$91.13

Energy Charges:

 

For all on-peak kWh used per month

23.85¢ per kwh

For all off-peak kWh used per month

7.95¢ per kwh

For all super off-peak kWh used per month

3.98¢ per kwh

Grid Access Charges:

 

Single-Phase

$120.67

Three-Phase

$209.58

Demand Charge:

 

For all kW of billing demand per month

$6.80 per kw

Energy Charge:

 

For all kWh used per month

5.43¢ per kwh

Grid Access Charges:

 

Single-Phase

$139.72

Three-Phase

$241.33

Demand Charges:

 

For all kW of on-peak billing demand per month

$12.75

For all kW of off-peak billing demand per month

$2.25

Energy Charges:

 

For all on-peak kwh used per month

6.09¢ per kwh

For all off-peak kwh used per month

4.55¢ per kwh

For all super off-peak kwh used per month

3.92¢ per kwh

Grid Access Charge:

$275.00 per month

Demand Charge:

 

For all kw of billing demand per month

$10.00 per kw

Energy Charge:

 

For all kwh used per month

4.53¢ per kwh

Grid Access Charge:

$325.00 per month

Demand Charges:

 

For all kw of on-peak billing demand per month

$14.45 per kw

For all kw of off-peak billing demand per month

$2.90 per kw

Energy Charges:

 

For all on-peak kwh used per month

5.90¢ per kwh

For all off-peak kwh used per month

4.32¢ per kwh

For all super off-peak kwh used per month

4.01¢ per kwh

                      2025 Rates                      

Grid Access

 

It is South River EMC’s mission to deliver electricity at the lowest possible cost, and we work hard to achieve this goal. A cost-of-service study confirmed that current rates need to be adjusted to cover expenses and maintain financial stability. Factors include increased business costs, higher power costs, and sustained higher interest rate.

The Equalizer is a temporary measure used to recover unexpected increases, while a rate change is a long-term solution for permanent increases.

South River EMC operates efficiently, implements cost-saving measures, and promotes energy efficiency and time-of-use rates. The Cooperative is also leveraging AI to streamline tasks and increase productivity.

South River EMC purchases wholesale power generated from various sources, including nuclear, coal, hydro, natural gas, and renewable resources. Upgrading and modernizing generation facilities increase costs. Additionally, as required by North Carolina law, we are including renewable resources in our fuel portfolio – such as solar and wind facilities.

The co-op operates as leanly as possible without affecting service quality. Budget cuts alone cannot offset the significant increase in delivery costs.

The adjustment will impact all rate categories.

Grid AccessRates Schedule

  • Consider converting to our time-of-use rate.
  • Visit sremc.com and try out the energy calculators to see where you can reduce costs.
  • Download the South River EMC app to manage your account, pay bills and report outages.
  • Enroll in to receive energy use alerts.
  • Learn about South River EMC’s rebates and energy efficiency.
  • Request a free home energy assessment.
  • Enroll your smart thermostat in Connect My Thermostat.

A time-of-use rate encourages using energy during off-peak periods, potentially lowering your bill if you can shift energy use to off-peak times. For more information, sremc.com/tou.