Pee Dee Electric Member and solar
Pee Dee Electric Member is an electric cooperative serving about 19,435 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 16.4¢11% above North Carolina average
- Typical bill
- $1931,177 kWh a month
- Exports credited
- ~21%Net billing (reduced export credit)
- Typical payback
- 12.5 yrs9 kW, cash
Export rules for Pee Dee Electric Member customers
Net billing (reduced export credit) (North Carolina rule).
Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
Solar for a typical Pee Dee Electric Member home
| System | 9 kW (90% of 1,177 kWh/month) |
|---|---|
| Cost | $24,650 |
| First-year savings | $2,012 |
| Payback | 12.5 years |
| 25-year net | $30,096 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 69
- Share of customers
- 0.4%
- Residential solar capacity
- 1 MW
- Residential customers
- 19,435
EIA-861, 2025.
Questions about Pee Dee Electric Member and solar
Does Pee Dee Electric Member have net metering?
Pee Dee Electric Member follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
How much does electricity cost with Pee Dee Electric Member?
Residential customers paid an average of 15.6¢ per kWh in 2025 (EIA), about 16.4¢ adjusted to 2026. The typical home uses 1,177 kWh a month, a bill of about $193.
Is solar worth it with Pee Dee Electric Member?
For a typical customer, solar is worth it: a 9 kW system costing about $24,650 pays back in about 12.5 years, with $30,096 net over 25 years.
How many Pee Dee Electric Member customers have solar?
About 69 homes had net-metered solar at the end of 2025, roughly 0.4% of residential customers (EIA-861).
Legal name: Pee Dee Electric Member Corp (EIA ID 14717). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.