Cooperative · North Carolina · EIA 240
Albemarle Electric Member Corp
Cooperative · North Carolina · 14K customers. According to the U.S. Energy Information Administration's EIA Form 861, reliability for 2023 shows SAIDI 122 minutes/customer.
Reliability verdict
Albemarle Electric Member Corp shows near-benchmark chronic reliability in 2023: 103 minutes SAIDI excluding major events across 14K customers.
- 122 min
- SAIDI 2023
- 1.26
- SAIFI 2023
- 103 min
- SAIDI ex-MED
- 14K
- Customers
Chronic reliability judged on SAIDI excluding major event days when reported (IEEE 1366). Source: EIA Form 861 · August 2026.
Signature read: mid-cohort SAIDI between the 96 and 258 minute tercile cuts.
What mid-pack Albemarle Electric Member Corp filings show
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.
Based on this utility's own EIA Form 861 reliability record -- baseline (major-event- excluded) outage duration, total outage duration, and outage frequency -- each benchmarked against every reporting utility nationwide. Not a measure of electricity rates or customer service, which this portal does not track.
122 minutes per customer per year
Power-out minutes per year (2023)
SAIDI by year (2020-2023)
Minutes per customer-year · EIA Form 861
Year-by-year SAIDI for Albemarle Electric Member Corp from the same EIA filings as the table below. Lower is better; major-event years can spike the headline figure.
Albemarle Electric Member Corp SAIDI trend
Albemarle Electric Member Corp vs the nationwide SAIDI distribution
Where this utility's headline SAIDI sits among every EIA Form 861 utility with a reported figure
122 Lower than most fewer outage minutes than 60% of 911 utilities
Utilities nationwide, banded by latest reported SAIDI (minutes)
Each bar is a band; taller bars hold more utilities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source U.S. EIA Form 861 reliability filings · August 2026
Price vs. reliability
Where Albemarle Electric Member Corp sits on price vs. reliability
Among the 781 U.S. utilities large enough to report both revenue per customer and a recent outage record, Albemarle Electric Member Corp charges more per customer than 29% of them, and is more reliable (lower SAIDI) than 64% of them, placing it in the quadrant where it pays less while still being more reliable, the best-value quadrant. Revenue per customer and outage minutes are independent figures: paying more does not guarantee fewer outages.
Revenue per customer: $2,219/year · Latest SAIDI: 121.6 minutes/year.
SAIDI 2023 breakdown: 121.6 minutes
Reliability Trend (2020–2023)
| Year | SAIDI (min) | SAIDI nMED | SAIFI |
|---|---|---|---|
| 2020 | 282.8 | 103.5 | 1.784 |
| 2021 | 67.8 | 44.0 | 0.653 |
| 2022 | 133.0 | 95.3 | 1.750 |
| 2023 | 121.6 | 102.8 | 1.262 |
SAIDI nMED = SAIDI without major event days. Source: EIA Form 861.
Service Area
Albemarle Electric Member Corp serves 22 ZIP codes in North Carolina.
Frequently Asked Questions
How reliable is Albemarle Electric Member Corp?
Albemarle Electric Member Corp had a SAIDI of 121.6 minutes in 2023. Leaving aside major weather events, that figure sits close to the national average.
What type of utility is Albemarle Electric Member Corp?
Albemarle Electric Member Corp is classified as a Cooperative serving North Carolina.
How many customers does Albemarle Electric Member Corp serve?
Albemarle Electric Member Corp serves approximately 13,643 customers in North Carolina.
How has Albemarle Electric Member Corp's reliability changed over time?
Albemarle Electric Member Corp has 4 years of reliability data (2020-2023). SAIDI has remained relatively stable over this period. Review the trend table above for year-by-year detail.
Utility Profile
- Type
- Cooperative
- State
- North Carolina
- Customers
- 13,643
- Annual Revenue
- $0.03B
- EIA ID
- 240
Explore
Utilities with similar EIA profiles
Two cross-state peer sets for Albemarle Electric Member Corp. Same-state SAIDI neighbors stay in Read-with below; these neighborhoods are nearest other-state utilities with at least 10,000 reported customers.
Similar customer count
Nearest utilities by Form 861 customers (14K here), outside North Carolina.
Similar chronic SAIDI
Nearest utilities by latest SAIDI minutes (121.6 here), outside North Carolina, excluding the customer-peer set.
Source: U.S. Energy Information Administration Form 861 annual electric power industry survey · ZIP service territory: OpenEI. Disclaimer: informational only, not professional advice. See full disclaimer · methodology.