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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error

Horry Electric Coop Inc: rates, outages and net metering

Roughly 99,014 South Carolina accounts belong to Horry Electric Coop Inc, classed by EIA as cooperative; the residential count is 86,726. Businesses and industry take 20% of the 1,379,582 MWh it sells; homes take 80%.

At 1,060 kWh a month a Horry Electric Coop Inc home pays about $140 in energy: 13.23 ¢/kWh, 7.0% below the South Carolina average of 14.23 ¢.

Businesses and industry take 20% of the 1,379,582 MWh it sells; homes take 80%.

Who buys power from Horry Electric Coop Inc

Business share of sales
20%homes 80% of 1,379,582 MWh

The customer mix of Horry Electric Coop Inc is its own: 86,726 home accounts buy 80.0% of 1,379,582 MWh, 12,280 commercial accounts buy 18.9%, and the remaining 1.1% goes to 8 industrial and other accounts. A typical Horry Electric Coop Inc home uses 12,722 kWh a year, a typical business account 21,225.

How it compares

Horry Electric Coop Inc
Horry Electric Coop Inc, 2024HomeBusinessBillSAIDI
Horry Electric Coop IncLowest in this table13.23 ¢/kWh13.56 ¢/kWh$140at 1,060 kWh108 minSAIDI
South Carolina average against this company, which is 7 of 19 on price+1.00 ¢/kWhcompany 7.0% below-2.92 ¢/kWhcompany 27.5% above+$11a month at 1,060 kWh-12 mincompany 12 above
Black River Electric Coop, Inc13.47 ¢/kWhcompany 1.7% below13.11 ¢/kWhcompany 3.5% above$1432 more than company99 mincompany 9 above

Compare 26 South Carolina companies

Horry Electric Coop Inc: 2025

Horry Electric Coop Inc: +4.5% on 2024 for homes, South Carolina +5.1%.

Horry Electric Coop Inc home price, 2025
13.83 ¢/kWh+4.5% on 2024, early release
Horry Electric Coop Inc SAIDI, 2025
101 min-6% on 2024, early release
Horry Electric Coop Inc against South Carolina, 2025
-0.6 pointsHorry Electric Coop Inc +4.5%, South Carolina +5.1%, price in South Carolina 14.96 ¢

Horry Electric Coop Inc reported 13.83 ¢/kWh for homes in 2025, +4.5% on its 2024 figure of 13.23, while the South Carolina average moved +5.1%. Its SAIDI is 101 minutes against 108 in 2024.

Carbon context

Horry Electric Coop Inc serves 86,726 homes in South Carolina. At 1,060 kWh a month that is about 268 kg of CO₂, or 3,215 kg a year, at the South Carolina plant rate, state generation and not this utility: South Carolina generation mix.

Horry Electric Coop Inc charts

Residential price since 2015: 13.23 ¢ in 2024

13.44 ¢ in 2015, 13.23 ¢ in 2024 (-1.5%); South Carolina 12.57 to 14.23 ¢.

Horry Electric Coop Inc residential price 2015-2024, 2015 to 2024: 10 rows
YearHorry Electric Coop IncGap to South Carolina residentialGap to U.S. residential
201513.44+0.87+0.79
201613.26+0.61+0.71
201714.21+1.19+1.32
201812.79+0.35-0.08
201913.84+0.85+0.83
202013.78+1.00+0.63
202112.04-0.82-1.62
202212.97-0.62-2.07
202312.91-0.77-3.09
202413.23-1.00-3.25

10 rows from EIA retail sales.

CSV

Horry Electric Coop Inc SAIDI, 2015-2024

73 min in 2015, 108 in 2024.

Horry Electric Coop Inc SAIDI by year, 2015 to 2024: 10 rows
YearHorry Electric Coop In, no major events
201573
201686
201772
2018169
201968
2020104
202162
202285
202399
2024108

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 107.6 min

107.6 min, 1.08x the median reporter, rank 355 of 673.

min

  • Company, no major events107.6
  • Company, with major events133.4

Horry Electric Coop Inc, Reliability: EIA-861 survey.

CSV

Analyst note

From 13.44 ¢ in 2015 to 13.23 ¢ in 2024, a move of -1.5%: Horry Electric Coop Inc lagged its state (+13.2%) by 14.7 points, and -31.8 points against the U.S. Horry Electric Coop Inc's sharpest move came in 2021, -12.6%. The high is 14.21 ¢ (2017) and the low 12.04 ¢ (2021). 2024: +2.5% here, +4.0% for the South Carolina average. SAIDI at Horry Electric Coop Inc (major events excluded) rose from 73 minutes in 2015 to 108 in 2024, +47%; worst year 2018 at 169. At 108 minutes in 2024, Horry Electric Coop Inc sat +8 from the national SAIDI median, with 6 of 10 years below it. 2016: 3231 minutes with major events, 86 without, the widest gap of any year. Horry Electric Coop Inc has 6 cheaper and 12 higher-priced South Carolina peers among 19 with 20,000+ homes. Next cheaper, Palmetto Electric Coop Inc, bills 12.79 ¢ (-0.45). Next higher-priced, Black River Electric Coop, Inc, bills 13.47 ¢ (+0.23).

A 7.0% discount to South Carolina comes with ordinary reliability, 108 minutes or 1.08x the national median.

Home accounts at Horry Electric Coop Inc went from 64,152 in 2015 to 86,726 in 2024, +35.2%. Business customers paid 1.02 times the home price in 2024 (13.56 against 13.23 ¢); the ratio was 0.98 in 2015. SAIFI went from 1.17 in 2015 to 1.56 in 2024, between 0.85 and 1.56.

Facts

Customer accounts
99,0143.3% of South Carolina total
Residential accounts
86,7263.4% of South Carolina homes
Commercial accounts
12,28012.4% of the base
Residential rate
13.23 ¢/kWhplace 7 of 19, -7.0% against the state
Commercial rate
13.56 ¢/kWhplace 17 of 23, +27.5% against the state
SAIDI, no major events
107.6 minbetter than 47% of reporters
SAIFI, no major events
1.561.54x the median
SAIDI with major events
133.4 min19.4% from event days
Net-metered capacity
2.8 MW301 installations
Counties served
1all in South Carolina
Average residential use
12,722 kWh/yr1,060 a month
Implied monthly bill
$140-$34 on the U.S. rate, 1,060 kWh
Residential rate since 2015
-1.5%13.44 to 13.23 ¢/kWh
SAIDI trend
+47%73 min in 2015, 108 in 2024

Data tables

2024 by sector, Horry Electric Coop Inc

Horry Electric Coop Inc sectorAccountsRate ¢/kWhGap to South Carolina ¢/kWh
Residential86,72613.23-1.00
Commercial12,28013.56+2.92

Year by year, Horry Electric Coop Inc

YearHome accounts, Horry Electric Coop InHome ¢Business ¢RatioSAIDISAIFI
201564,15213.4413.230.98731.17
201666,18213.2613.271.00861.23
201768,17714.2113.410.94721.04
201868,96112.7913.431.051691.02
201970,93113.8413.370.97680.86
202073,28813.7813.330.971041.03
202175,79412.0412.971.08620.85
202278,61012.9713.381.03851.07
202381,84212.9113.941.08991.23
202486,72613.2313.561.021081.56

Peers of Horry Electric Coop Inc in South Carolina, place 7 of 19 on home price

Utility near Horry Electric Coop Inc on priceSAIDI min, gap to Horry Electric Coop IncHome ¢, gap to Horry Electric Coop IncGap % to Horry Electric Coop IncAccounts, Horry Electric Coop Inc = 1
4. City of Rock Hill-18-0.69-5.2%0.41
5. York Electric Coop Inc-18-0.58-4.4%0.71
6. Palmetto Electric Coop Inc-76-0.45-3.4%0.81
7. Horry Electric Coop Inc (this utility)10813.23-1.00
8. Black River Electric Coop, Inc-9+0.23+1.8%0.35
9. Fairfield Electric Coop, IncNo data+1.11+8.4%0.35
10. Dominion Energy South Carolina, Inc-27+1.35+10.2%8.14

Who buys Horry Electric Coop Inc's electricity

Class at Horry Electric Coop IncAccountsOf Horry Electric Coop Inc accountsOf Horry Electric Coop Inc MWh soldkWh a year per Horry Electric Coop Inc account
Residential86,72687.6%80.0%12,722
Commercial12,28012.4%18.9%21,225
Industrial and other80.01%1.1%1,948,500

Horry Electric Coop Inc among South Carolina cooperatives

Horry Electric Coop Inc and its neighbours on priceSAIDI min, gap to Horry Electric Coop IncHome ¢, gap to Horry Electric Coop IncAccounts, Horry Electric Coop Inc = 1
1. York Electric Coop Inc (SC)-18-0.580.71
2. Palmetto Electric Coop Inc (SC)-76-0.450.81
3. Horry Electric Coop Inc (SC, this utility)10813.231.00
4. Black River Electric Coop, Inc (SC)-9+0.230.35
5. Laurens Electric Coop, Inc (SC)-10+1.420.65
6. Mid-Carolina Electric Coop Inc (SC)+10+1.640.61
7. Berkeley Electric Coop Inc (SC)-19+1.701.35

Horry Electric Coop Inc: meters, rate options and solar

MeasureHorry Electric Coop IncSouth Carolina contextHorry Electric Coop Inc detail
Time-of-use rate for Horry Electric Coop Inc homesNot on file9 of 13 South Carolina utilities offer oneno dynamic-pricing count filed by Horry Electric Coop Inc
Net-metered installations30199% residential3.4 homes per 1,000 accounts, 9.4 kW average

Monthly energy cost by use, Horry Electric Coop Inc

kWhShare of a 1,060 kWh monthCost a month at 13.23 ¢vs U.S.Cost a year
25024%$33.09-$8.11$397
50047%$66.17-$16.23$794
75071%$99.26-$24.34$1,191
1,00094%$132.35-$32.45$1,588
1,500141%$198.52-$48.68$2,382
2,000189%$264.70-$64.90$3,176

Outage record, Horry Electric Coop Inc

Measure, Horry Electric Coop No eventsAll eventsConverted
SAIDI minutes107.6133.41.79 h
SAIFI interruptions1.5571.8510.64 yr apart
CAIDI minutes69.172.11.15 h

Territory of Horry Electric Coop Inc

1 South Carolina counties, region SERC:

Counties served by Horry Electric Coop IncHorry

South Carolina other states: 1 of 1 county of Horry Electric Coop Inc drawn

Horry Electric Coop Inc: 1 county listed by EIA-861, Census 2023 outlines.

CSV
County list
  • Horry

Questions on Horry Electric Coop Inc

How many customers does Horry Electric Coop Inc serve in South Carolina?

99,014 accounts in 2024: residential 86,726, commercial 12,280, industrial 8.

What is the average residential rate of Horry Electric Coop Inc?

In 2024 homes paid 13.23 cents; against the South Carolina average that is -7.0%.

How reliable is Horry Electric Coop Inc by SAIDI and SAIFI?

SAIDI 107.6 min and SAIFI 1.56 a year, major events excluded; ratio to the national median 1.08, CAIDI 69 min.

How much solar net metering is on the Horry Electric Coop Inc grid?

301 installations with 2.8 MW, of which residential installations number 298.

What is the monthly bill at Horry Electric Coop Inc for average use?

1,060 kWh at 13.23 cents comes to about $140, energy only.

How does Horry Electric Coop Inc rank on price within South Carolina?

Rank 7 of 19 in South Carolina on price, -7.0% against the state average; 6 charge less than 13.23 ¢.

How much of the Horry Electric Coop Inc load is business?

Homes take 80.0% of 1,379,582 MWh, commercial accounts 18.9%, industrial and other 1.1%; the 12,280 commercial accounts use 21,225 kWh each, 1.7 times a home.

Since 2015, has Horry Electric Coop Inc become cheaper than other South Carolina utilities?

13th cheapest of 15 in 2015, 7th of 19 in 2024; its price rose -1.5% while South Carolina rose 13.2%.

How does Horry Electric Coop Inc compare with 6 similar utilities?

Place 3 of 7 on home price at 13.23 ¢ (South Carolina cooperatives); median 13.47 ¢, cheapest member 12.65 ¢.

What did Horry Electric Coop Inc charge homes in 2025?

13.83 cents per kWh, +4.5% on the 13.23 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Horry Electric Coop Inc at 13.23 ¢/kWh in 2024, among companies with a page here, any state.

More on Horry Electric Coop Inc

Rate plans on file

6 home plan records, energy charges: 4.6 to 12.5 ¢/kWh.

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for Horry Electric Coop Inc: rates, outages and net metering

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At 1,060 kWh a month a Horry Electric Coop Inc home pays about $140 in energy: 13.23 ¢/kWh, 7.0% below the South Carolina average of 14.23 ¢.