Powering Progress Together: Randolph EMC Secures $11.5M Funding to Light Up Rural America

Randolph Electric Membership Corporation is excited to announce a milestone funding achievement of $11,500,000, a testament to the enduring strength of our cooperative model and our commitment to rural electrification. For over 70 years, we have remained true to the foundational vision of the nine pioneers who formed our cooperative in 1938, believing that rural communities deserve the same quality of life as urban areas through reliable, affordable electricity. This new funding round will be strategically invested to modernize our over 4,100 miles of power distribution lines and enhance our grid’s efficiency, ensuring that we continue to deliver safe and sustainable energy to more than 31,000 consumer-members across Randolph, Moore, Montgomery, Chatham, and Alamance counties. The funds will also support ongoing infrastructure upgrades and the expansion of our service capabilities, allowing us to integrate emerging technologies and create a more resilient energy network that meets the needs of today and tomorrow. By remaining “owned by those we serve,” Randolph EMC is dedicated to upholding the principles of affordable power and sound business practices that guided our founding. This infusion of capital not only fortifies our commitment to rural communities but also paves the way for further innovation and improved service delivery, reinforcing our promise to empower every member of our cooperative. We are proud to continue lighting up rural America with solutions that spark progress and unite communities, assuring our members that their trust and investment in our vision will power a brighter, more connected future.