Study Commission on the Future of Electric Service in North Carolina : report to the 1999 General Assembly of North Carolina, 2000 regular session. - Page 140 |
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129
3. Customer- owned utilities ( COUs), also called rural electric cooperatives, or
co- ops: State utility commissions traditionally do not regulate COUs, and
North Carolina is no exception. North Carolina’s COUs include
· 27 co- ops who are members of the North Carolina Electric
Membership Corporation ( NCEMC),
· another co- op whose service area is fully within North Carolina, and
· another four co- ops whose service areas fall partially within North
Carolina.
The average electric rate for all electricity provider groups and customer
classes in North Carolina in 1996 was approximately 5 percent below the national
average. However, our average electric rate was approximately 9 percent above
the average for the Southeastern U. S. ( nine states). The only Southeastern state
with a higher average electric rate than North Carolina was Florida.
In 1996, North Carolina’s average electric rate was higher than the average
electric rate in the Southeastern U. S. primarily because our POU and COU rates
are higher than their counterparts in these states, and many of our electric
customers ( approximately 23 percent) are served by POUs and COUs. Breaking
this down by type of electricity provider, we see that
· the average electric rate for IOUs in North Carolina was 15 percent below
the U. S. average for IOUs and within 1 percent of the Southeastern U. S.
average for IOUs;
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| Title | Study Commission on the Future of Electric Service in North Carolina : report to the 1999 General Assembly of North Carolina, 2000 regular session. - Page 140 |
| Full Text | 129 3. Customer- owned utilities ( COUs), also called rural electric cooperatives, or co- ops: State utility commissions traditionally do not regulate COUs, and North Carolina is no exception. North Carolina’s COUs include · 27 co- ops who are members of the North Carolina Electric Membership Corporation ( NCEMC), · another co- op whose service area is fully within North Carolina, and · another four co- ops whose service areas fall partially within North Carolina. The average electric rate for all electricity provider groups and customer classes in North Carolina in 1996 was approximately 5 percent below the national average. However, our average electric rate was approximately 9 percent above the average for the Southeastern U. S. ( nine states). The only Southeastern state with a higher average electric rate than North Carolina was Florida. In 1996, North Carolina’s average electric rate was higher than the average electric rate in the Southeastern U. S. primarily because our POU and COU rates are higher than their counterparts in these states, and many of our electric customers ( approximately 23 percent) are served by POUs and COUs. Breaking this down by type of electricity provider, we see that · the average electric rate for IOUs in North Carolina was 15 percent below the U. S. average for IOUs and within 1 percent of the Southeastern U. S. average for IOUs; |
