At Pee Dee Electric, we work hard to keep rates stable and affordable while continuing to provide the reliable electricity service you depend on every day. Beginning January 1st, members will see a rate adjustment on their electric bill. This change reflects the rising cost of wholesale power we purchase to distribute to our members.
The drivers for these rising costs include the construction of new generation sources, transmission upgrades to improve reliability while accommodating distributed energy resources such as large solar generating facilities, and higher costs for fuel used to generate electricity.
As a not-for-profit electric cooperative, Pee Dee Electric does not adjust rates to generate profits. Rate adjustments are made only when necessary to cover the cost of doing business. Any revenue collected above operating costs is returned to our members through capital credits. This adjustment helps ensure that we can continue delivering safe, reliable power, invest in the future of our local electric system, and meet the financial requirements of our lenders.
We understand that any increase can impact your household budget. Our team is committed to helping members manage their energy use efficiently.
To view the current rates and the rates taking effect on January 1st, please click on your account type below.
Choose Your Rate Type
Current Rate
Grid Access Charge $36.00
Energy Charge
All kWh $0.0925 per kWh
Demand Charge
On-Peak kW $5.00 per kW
On-Peak Demand Times
Summer (April - October) 3:00 pm - 6:00 pm
Winter (November - March) 6:00 am - 8:00 am
Current Rate New Rate Effective January 1st
Grid Access Charge $1.15/Day Grid Access Charge $1.18/Day
Energy Charge Energy Charge
Off-Peak kWh $0.0883 per kWh Off-Peak kWh $0.0925 per kWh
On-Peak kWh $0.2751 per kWh On-Peak kWh $0.2709 per kWh
On-Peak Hours
Summer (April - October) 3:00 pm - 6:00 pm
Winter (November - March) 6:00 am - 8:00 am
Current Rate New Rate
Grid Access Charge Grid Access Charge
Single Phase $36.00 Single Phase $37.00
Three Phase $57.75 Three Phase $58.75
Energy Charge Energy Charge
All kWh $0.0716 per kWh All kWh $0.0720 per kWh
Demand Charge Demand Charge
All kW $7.50 per kW All kW $9.38 per kW
Current Rate New Rate
Grid Access Charge $115.00 Grid Access Charge $115.00
Energy Charge Energy Charge
All kWh $0.0605 All kWh $0.0608 per kWh
Demand Charge Demand Charge
All kW $10.46 per kW All kW $13.08 per kW
Explanation of Billing, Late Fees & Returned Checks
- Billing: Payments are due and payable upon receipt. Electric bills that are not paid within 25 days of the original billing date are considered Past Due, and are subject to a 1.5% penalty fee.
- Late Fees: A bill is considered delinquent seven (7) days from the bill date of the past due bill statement, and a $10 delinquent fee will be applied to each current account. Any account not paid by the end of seven (7) business days after becoming delinquent is subject to being disconnected on the next working day.
- Disconnect/Reconnect: If power is disconnected due to non-payment, the past due balance must be paid in full, in addition to a $30 disconnect fee, $30 reconnect fee, and deposit if one is not on the account, as well as an overtime fee for reconnects that take place after 5 p.m. and on Holidays of $60.
- Returned Checks: A $25 insufficient funds (NSF) check fee may be charged immediately from your bank account for any NSF checks returned by the bank. After 2 bad checks, Members will be required to pay with cash, money order, or certified check for 2 full years.