NC H808

Removes electric membership corporations from the blanket exemption of the definition of "public utility" under North Carolina law, subjecting them to potential regulation by the Utilities Commission.

Allows electric membership corporations to vote to exempt themselves from rate regulation (G.S. 62-130, 62-131, 62-132, 62-133) if approved by a majority of members and consumers in a mail ballot election, with results filed with the Commission.

Establishes consumer protections for exempt electric membership corporations including 30-day notice for rate changes, prohibition on unfair preferences or unreasonable rates, duties to provide adequate service, and complaint procedures resolved by the Commission.

Requires electric membership corporations to adopt policies on open meetings (with limited executive sessions), consumer complaints, director elections, and board nominations by petition of at least 15 members, with transparency requirements including posting agendas and minutes on websites.

Provides mechanism for members to reimpose Commission regulation through petition by at least 5% of members, triggering a Commission-conducted election within 45 days.