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South Plains Electric Coop Inc: what its customers actually pay

Data as of: EIA-861 annual 2024 (released 2025) · EIA monthly state prices February 2026 · EIA weekly heating-fuel survey Mar 30, 2026 · retail-choice registry reviewed Jun 2026 · URDB tariffs pulled Jun 2026. Page generated 2026-06-12.

South Plains Electric Coop Inc residential customers paid an average of 10.35¢/kWh in 202431% below the Texas average of 14.96¢/kWh (EIA-861). It served 56,173 residential customers across 18 TX counties. Territories are fixed by address, but the cheapest nearby utility, Lyntegar Electric Coop (8.99¢), works out about $146/yr less at 10,800 kWh/yr.

How South Plains Electric Coop compares with the utilities next door

Utilities filing EIA-861 service territory in at least one county that South Plains Electric Coop also serves — average residential ¢/kWh (EIA-861 2024) and annual cost difference vs South Plains Electric Coop at 10,800 kWh/yr
Utility2024 ¢/kWhCustomersΔ vs South Plains Electric Coop, ¢/kWh$/yr difference
Lyntegar Electric Coop, Inc 8.99 9,021 -1.35 -$146
South Plains Electric Coop Inc (this page) 10.35 56,173
Southwestern Electric Power Co 12.03 156,271 +1.68 +$181
Tri-County Electric Coop, Inc 12.65 118,075 +2.30 +$249
Southwestern Public Service Co 13.35 222,146 +3.00 +$324
Big Country Electric Coop, Inc 13.72 9,449 +3.37 +$364

5 bundled utilities (≥5,000 customers) share at least one county with South Plains Electric Coop. Positive $/yr = that utility's customers pay more than South Plains Electric Coop customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, while the supply portion is separately shoppable in Texas (see below).

Where South Plains Electric Coop customers pay more (county benchmark)

Counties served by South Plains Electric Coop Inc: cheapest bundled utility operating in the same county and the annual difference at 10,800 kWh/yr (EIA-861 2024)
CountyCheapest utility in countyTheir ¢/kWhSouth Plains Electric Coop premium, $/yr
HardemanRita Blanca Electric Coop, Inc8.28 +$223
LambBailey County Elec Coop Assn8.77 +$170
GarzaLyntegar Electric Coop, Inc8.99 +$146
HockleyLyntegar Electric Coop, Inc8.99 +$146
LubbockLyntegar Electric Coop, Inc8.99 +$146
LynnLyntegar Electric Coop, Inc8.99 +$146
HaleLamb County Electric Coop, Inc9.52 +$90

Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. In Texas you can shop the supply portion regardless of county.

Rate trend and size

South Plains Electric Coop Inc residential average price and customers, EIA-861 2023 vs 2024
Metric20232024Change
Average price, ¢/kWh11.5810.35-10.6%
Residential customers53,60156,173+4.8%

Ownership: Cooperative. Statewide context: Texas electricity rates.

Supply vs delivery on a South Plains Electric Coop bill

Texas has residential electric supply choice: South Plains Electric Coop delivers the power and bills a default supply rate, but you may buy the supply portion from a licensed competitor instead. Compare offers against the price to compare on the state's official shopping site: powertochoose.org.

Electric choice in ERCOT competitive TDU areas (~85% of load; munis/co-ops exempt; Power to Choose lists offers). No residential gas choice.

Counties served (TX, EIA-861 2024)

Childress · Cottle · Crosby · Dickens · Floyd · Foard · Garza · Hale · Hall · Hardeman · Hockley · Kent · King · Lamb · Lubbock · Lynn · Motley · Stonewall

Head-to-head comparisons

Questions people ask

Is South Plains Electric Coop Inc more expensive than other Texas utilities?
South Plains Electric Coop Inc customers paid an average 10.35 cents/kWh in 2024 — 31% below the Texas volume-weighted average of 14.96 cents (EIA-861, bundled residential service).
Can I switch away from South Plains Electric Coop Inc?
You cannot switch the wires company — distribution territory is fixed by address. Texas does allow supply choice, so you can buy the supply portion of the bill from a licensed competitor via powertochoose.org if its offer beats the price to compare.
How many customers does South Plains Electric Coop Inc have?
56,173 residential customers in Texas in 2024 across 18 counties, 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.