Albemarle Electric Member Corp

What This Utility Data Tells You

Albemarle Electric Member Corp is a member-owned electric cooperative operating in North Carolina under EIA identifier 240. It reports service to approximately 13,643 customer accounts and generated about $0.03 billion in annual electric revenue, with a service footprint spanning 22 ZIP codes. Cooperative ownership means the utility is run for the benefit of the ratepayer-members who elect its board, rather than for shareholder returns, which can shift how rate and investment decisions get made.

In 2023, the average Albemarle Electric Member Corp customer experienced 121.6 minutes of power interruptions, the industry-standard SAIDI metric (System Average Interruption Duration Index). That lands within the usual 120–180 minute national benchmark band, roughly on par with typical U.S. distribution-utility performance. Over the same period, SAIFI (outage events per customer) was 1.26, putting the typical customer at roughly 1 distinct interruption that year. Strip out major event days (hurricanes, ice storms) and SAIDI falls to 102.8 minutes; the difference from the headline 121.6 shows how much of the outage total came from weather rather than everyday grid issues.

Albemarle Electric Member Corp has 4 years of continuous EIA reporting on file (2020–2023), enough to read a real trend rather than a single-year snapshot. Over that window, SAIDI moved from 282.8 down to 121.6 minutes, a trend worth noting for anyone weighing capital investment outcomes.