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Commercial Rates

 

The Renewable Energy Charge on my bill:

This is a monthly charge, which is adjusted annually, to recover the costs incurred during the year to comply with the Renewable Energy Portfolio Standard law, North Carolina General Statue 62-133.8 (link is external) and North Carolina Utilities Commission Rule R8-67. Effective 2019-2020, new REPS rates are in effect. Residential will pay 35¢ per meter, per month; Commercial will pay $1.93 per meter, per month; Industrial will pay $12.87 per meter, per month.

 
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