Potential electric rate impacts from NCEMPA wholesale rate change
Summary
Wholesale electricity costs jumped this year, and the city is moving $300,000 in unused fiber money to cover the power bill so the audit doesn't flag another overage.
At a glance
- Total mentions
- 4
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 20, 2026.
Impact analysis
$300,000 shifted within the electric fund — no new spending or cash impact.
Electric customers and the city's audit standing.
Customers could face higher bills if rates increase.
Mentions & discussions (4)
City Council - Oct 20, 2026
An independent audit of 67,000-plus bills found Laurinburg's electric billing 99.96% accurate, with about $132,000 in small recoverable revenue. Residents pay 23% less than the national average, and reliability beat the state average too.
City Council - Jun 29, 2026
Wholesale electricity costs jumped this year, and the city is moving $300,000 in unused fiber money to cover the power bill so the audit doesn't flag another overage.
City Council - Mar 17, 2026
The city is considering changes to its electric rate schedules. Any change could affect monthly bills for homes and businesses across Laurinburg.
City Council - Feb 17, 2026
The North Carolina Eastern Municipal Power Agency is changing its wholesale rates, and the council is discussing what that could mean for city electric bills. Any pass-through could affect every household and business on city electric service.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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