Horry Electric Coop Inc residential customers paid an average of 13.23¢/kWh in 2024 —
7% below the South Carolina average of 14.19¢/kWh (EIA-861).
It served 86,726 residential customers across 1 SC county.
Territories are fixed by address, but the cheapest nearby utility, South Carolina Public Service Authority (11.38¢), works out about $200/yr less at 10,800 kWh/yr.
How Horry Electric Coop compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Horry Electric Coop, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| South Carolina Public Service Authority | 11.38 | 185,529 | -1.85 | -$200 |
| Horry Electric Coop Inc (this page) | 13.23 | 86,726 | — | — |
| Duke Energy Progress | 14.88 | 143,713 | +1.64 | +$177 |
2 bundled utilities (≥5,000 customers) share at least one county with Horry Electric Coop. Positive $/yr = that utility's customers pay more than Horry Electric Coop customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where Horry Electric Coop customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Horry Electric Coop premium, $/yr |
|---|---|---|---|
| Horry | South Carolina Public Service Authority | 11.38 | +$200 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 12.91 | 13.23 | +2.5% |
| Residential customers | 81,842 | 86,726 | +6.0% |
Ownership: Cooperative. Statewide context: South Carolina electricity rates.
Supply vs delivery on a Horry Electric Coop bill
South Carolina is a regulated retail market — Horry Electric Coop customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: psc.sc.gov.
Counties served (SC, EIA-861 2024)
Horry
Head-to-head comparisons
- South Carolina Public Service Authority vs Horry Electric Coop Inc
- Duke Energy Progress vs Horry Electric Coop Inc
Questions people ask
- Is Horry Electric Coop Inc more expensive than other South Carolina utilities?
- Horry Electric Coop Inc customers paid an average 13.23 cents/kWh in 2024 — 7% below the South Carolina volume-weighted average of 14.19 cents (EIA-861, bundled residential service).
- Can I switch away from Horry Electric Coop Inc?
- No — distribution territory is fixed by address and South Carolina has no residential supplier shopping. Rate changes go through the state utility commission (psc.sc.gov).
- How many customers does Horry Electric Coop Inc have?
- 86,726 residential customers in South Carolina in 2024, per its EIA-861 federal filing. Ownership type: co-op.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861)
and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff,
usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states
you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr
(US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes
and is not affiliated with any utility, supplier, or government agency.