Palmetto Electric Coop Inc Rates: Average Bill & Price per kWh

Residential rates for Palmetto Electric Coop Inc and how they compare to the South Carolina average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 12, 2026

Residential customers of Palmetto Electric Coop Inc average $153.88/month at 12.79¢/kWh — below the South Carolina average of $185.87.

Avg bill (2024)$153.88/moannual average Rate12.79¢/kWh Res. customers68,338 Bill rank#18 in SCof tracked utilities

Where Palmetto Electric Coop Inc rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Palmetto Electric Coop Inc price per kWh (annual) ▲ 9.2% over 2019–2024
Palmetto Electric Coop Inc price per kWh (annual) 11.4¢ 12.1¢ 12.8¢ 12.8¢ 2019 2024
YearRateAvg billRes. customers
2019 11.71¢/kWh $145.76/mo 62,945
2020 11.71¢/kWh $142.29/mo 64,153
2021 11.4¢/kWh $141.55/mo 65,274
2022 11.9¢/kWh $142.28/mo 65,970
2023 12.28¢/kWh $143.47/mo 67,125
2024 12.79¢/kWh $153.88/mo 68,338

Rate context in South Carolina

Statewide residential price trend (12 months) — context for Palmetto Electric Coop Inc's 2024 annual figure.

South Carolina price per kWh (12 months) ▲ 5.8% over Jul 25–Jun 26
South Carolina price per kWh (12 months) 14.7¢ 15.9¢ 17.1¢ 15.6¢ Jul 25 Jun 26

Palmetto Electric Coop Inc vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasurePalmetto Electric Coop IncSouth Carolina (latest month)
Avg bill $153.88/mo $185.87/mo
Rate 12.79¢/kWh 15.55¢/kWh

Common questions

How much is the average electric bill with Palmetto Electric Coop Inc?

Palmetto Electric Coop Inc residential customers averaged $153.88 per month in 2024 (EIA-861 annual data) — about $1,846.52 per year.

What does Palmetto Electric Coop Inc charge per kWh?

Palmetto Electric Coop Inc averaged 12.79¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Palmetto Electric Coop Inc compare to the South Carolina average?

Palmetto Electric Coop Inc bills average $153.88 — lower than the South Carolina average of $185.87 (latest EIA month).

How many customers does Palmetto Electric Coop Inc serve?

Palmetto Electric Coop Inc served 68,338 residential customers in 2024, per EIA-861 — one of the largest utilities we track in SC.

Data: Form EIA-861, 2024 annual residential figures for Palmetto Electric Coop Inc. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.