In July 2024, updated renewable energy and energy efficiency rider charges will be applied to Edgecombe-Martin County EMC members’ bills to recoup the incremental costs associated with the state-mandated REPS (Renewable Energy Portfolio Standard).

These two riders appear on your bill as the NC Renewable Charge and the NC EE Charge. The NC Renewable Charge has been billed monthly as follows since July 2023:Residential, $0.47; Commercial, $2.63; Industrial, $17.52.

Beginning with the July 2024 billing, the rates will be billed as follows: Residential, $0.70; Commercial, $3.88; Industrial, $25.92.

The NC EE Charge will also be updated for all bills rendered after July 1, 2024, and the current charge will decrease from $0.0009 per kilowatt hour to $0.000340 per kilowatt hour.
These riders will be reviewed annually and updated if approved by your board of directors each July. Changes in each rate come from participation in additional renewable energy projects and implementation of energy efficiency programs.

Edgecombe-Martin County EMC’s participation as a member of NCEMC has allowed us to make market purchases of various types of renewable energy to help keep us in compliance with the NC REPS. We will keep you informed as we work to meet the required compliance standards set forth in this energy legislation.