The co-op’s focus is always to provide safe, reliable energy to its members every day at the most reasonable rate possible. In the past the cooperative has shouldered the impact of power cost adjustments and higher material costs to hold its rates steady but unfortunately the cooperative cannot continue absorb the full amount of the increases.
To continue keeping cooperative finances strong, the cooperative will be implementing a rate adjustment that will become effective in January 2025 to ensure the co-op can meet expenses and remain fiscally sound. Even with the adjustment, Lumbee River EMC rates will remain among the lowest in the state.
|
Rate Type |
Kwh Block |
Demand (kW) Block |
|
Residential |
.1125 |
NA |
|
Single Three Phase |
.1070 |
NA |
|
Medium Commercial |
.0710 |
7.22 |
|
Large Commercial |
.0540 |
13.75 |
Wholesale power costs along with the cost of required distribution equipment (such as wire, transformers, conduit, poles, and meters) continue to rise due to inflation and supply chain issues. Considering this, the Board decided to implement an increase that equates to an average of about 10% for members.
Lumbee River EMC is not the only energy provider or even organization/company to adjust the cost of its services/products. The current economic landscape of both our state and the country continues to impact businesses, families, and individuals alike.
Lumbee River EMC offers resources for how to save both energy and money.
- You can monitor your usage of energy through our SmartHub app. You can also find several helpful tools to assist you in managing your usage and reducing your electric cost.
- FlexPay – allows you to choose your payment frequency and pay as you go. You can monitor your energy use and credit balance daily, weekly, or monthly to match your budget.
- Budget Billing – allows you to make even monthly payments to reduce the impact of seasonal factors that can affect your bill.
- You can learn more about our energy efficiency programs by visiting the Energy Programs section of our website or speaking to a representative of our Energy Services department.
The co-op’s focus is and will always be to deliver electricity to you that is affordable, reliable, and safe. Our commitment to containing costs has not changed. We will continue to work with our statewide organization to keep wholesale rates reasonable and reliability high.
You can visit our website to review the cooperative rate schedules. You can also call 910-843-4131 and speak to a Member Services Representative.