We have many different rates available to our membership based on your needs. If you have any questions regarding a specific rate, please contact the Cooperative at 910-892-8071.
Current Rates (through March 31, 2024):
-
Residential (R)
-
Residential Super Time-of-Use Service (Schedule R- STOU)
-
Small General Service (SGS)
-
Small General Service Time-of-Use Service (Schedule SGS-TOU)
-
Medium General Service (MGS)
-
Medium General Time-of-Use Service (Schedule MGS-TOU)
-
Large General Service (LGS)
-
Large General Time-of-Use Service (Schedule LGS-TOU
Changes Coming
In April, you will see a difference in your electric bill. As costs are rising around us, it has become necessary for South River EMC to implement a change of rates.
There are several factors driving the change to include:
- Increases in all aspects of business, including materials.
- Growing need for more facilities at a higher cost.
- Tightening government regulations.
- Increased interest rates.
The changes will be primarily in the Grid Access charge. The Grid Access charge is a monthly fee that helps cover the cost of maintaining our electric utility system so we can deliver power to you whenever you need it. This includes the cost of transformers, power lines, poles, substations, loans, insurance, buildings, trucks, preparing and mailing bills, etc. The cost to operate and maintain our system exists even if no electricity is used – we must keep our system updated and energy available whenever it’s needed.
Rates are carefully crafted to ensure we recover our costs and maintain the financial stability of the co-op.
Grid Access Changes
Residential
|
current |
new |
standard |
$25 |
$31 |
w/ solar |
$25 |
$36 |
w/ solar and battery |
$25 |
$36 |
Small General Service (SG)
|
current |
new |
Single Phase (1Ph) |
$30 |
$37.20 |
w/Solar (1PH) |
$30 |
$42.20 |
Three phase (3Ph) |
$54 |
$66.96 |
Time of Use (1Ph) |
$33.75 |
$41.85 |
Time of Use (3Ph) |
$60.75 |
$75.33 |
Medium General Service
|
current |
new |
Single phase |
$95 |
$99.75 |
Three phase |
$165 |
$173.25 |
Large General Service
No change to Grid Access
|
current |
new |
Demand |
$9/kw |
$9.25/kw |
Time of Use Changes
|
current |
new |
Grid Access (1PH) |
$27.50 |
$34.10 |
Grid Access (3PH) |
$49.50 |
$61.38 |
On-peak kwh (sum) |
43.88¢ |
18.62¢ |
On-peak kwh (win) |
33.79¢ |
18.62¢ |
Off-peak kwh |
4.77¢ |
7.45¢ |
Super off peak kwh |
3.97¢ |
3.73¢ |