Laurens Electric Coop, Inc: rates, outages and net metering

In South Carolina, Laurens Electric Coop, Inc bills 64,665 accounts, 90.4% residential, as an cooperative utility. It connects 4.2 net-metered homes per 1,000 home accounts, 0.5 times the national median.

Laurens Electric Coop, Inc: 1,065 kWh a month costs roughly $156 in energy at 14.66 ¢/kWh, +3.0% on the South Carolina average of 14.23 ¢.

It connects 4.2 net-metered homes per 1,000 home accounts, 0.5 times the national median.

Rooftop solar on the Laurens Electric Coop, Inc grid

Net-metered homes per 1,000: 4.20.5x the national median of 8.7

Net metering stands out at Laurens Electric Coop, Inc: 248 residential installations on 58,438 home accounts, 4.2 per 1,000. That is place 16 of 18 South Carolina utilities and 0.5 times the national median (8.7). All installations together total 1.7 MW, an average of 6.8 kW each, and 34 MWh went back to the utility.

How it compares

Laurens Electric Coop, Inc
Laurens Electric Coop, Inc, 2024	Home	Business	Bill	SAIDI
Laurens Electric Coop, Inc	14.66 ¢/kWh	13.88 ¢/kWh	$156at 1,065 kWh	97 minSAIDI
South Carolina average against this company, which is 11 of 19 on priceLowest in this table	-0.43 ¢/kWhcompany 3.0% above	-3.24 ¢/kWhcompany 30.4% above	-$5a month at 1,065 kWh	-2 mincompany 2 above
Dominion Energy South Carolina, Inc	14.59 ¢/kWhcompany 0.5% above	11.72 ¢/kWhcompany 18.4% above	$1551 less than company	81 mincompany 16 above

Compare 26 South Carolina companies

Laurens Electric Coop, Inc: 2025

Laurens Electric Coop, Inc: +6.6% on 2024 for homes, South Carolina +5.1%.

Laurens Electric Coop, Inc home price, 2025: 15.62 ¢/kWh+6.6% on 2024, early release
Laurens Electric Coop, Inc SAIDI, 2025: 154 min+59% on 2024, early release
Laurens Electric Coop, Inc against South Carolina, 2025: +1.4 pointsLaurens Electric Coop, Inc +6.6%, South Carolina +5.1%, price in South Carolina 14.96 ¢

Laurens Electric Coop, Inc reported 15.62 ¢/kWh for homes in 2025, +6.6% on its 2024 figure of 14.66, while the South Carolina average moved +5.1%. Its SAIDI is 154 minutes against 97 in 2024.

Carbon context

Laurens Electric Coop, Inc serves 58,438 homes in South Carolina. At 1,065 kWh a month that is about 269 kg of CO₂, or 3,230 kg a year, at the South Carolina plant rate, state generation and not this utility: South Carolina generation mix.

Laurens Electric Coop, Inc charts

Residential price since 2015: 14.66 ¢ in 2024

12.73 ¢ in 2015, 14.66 ¢ in 2024 (+15.1%); South Carolina 12.57 to 14.23 ¢.

Laurens Electric Coop, Inc residential price 2015-2024, 2015 to 2024: 10 rows

Year	Laurens Electric Coop, Inc	Gap to South Carolina residential	Gap to U.S. residential
2015	12.73	+0.16	+0.08
2016	12.77	+0.12	+0.22
2017	13.00	-0.02	+0.11
2018	13.25	+0.81	+0.38
2019	13.32	+0.33	+0.31
2020	13.70	+0.92	+0.55
2021	13.31	+0.45	-0.35
2022	13.85	+0.26	-1.19
2023	14.26	+0.58	-1.74
2024	14.66	+0.43	-1.82

10 rows from EIA retail sales.

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Laurens Electric Coop, Inc SAIDI, 2015-2024

86 min in 2015, 97 in 2024.

Laurens Electric Coop, Inc SAIDI by year, 2015 to 2024: 10 rows

Year	Laurens Electric Coop,, no major events
2015	86
2016	89
2017	91
2018	87
2019	114
2020	114
2021	84
2022	96
2023	116
2024	97

10 rows from EIA-861 survey.

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Reliability: SAIDI 97.1 min

97.1 min, 0.98x the median reporter, rank 326 of 673.

min

Company, no major events97.1
Company, with major events8,310.0

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

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Analyst note

From 12.73 ¢ in 2015 to 14.66 ¢ in 2024, a move of +15.1%: Laurens Electric Coop, Inc tracked its state (+13.2%) within 1.9 points, and -15.1 points against the U.S. Laurens Electric Coop, Inc's sharpest move came in 2022, +4.1%. The latest year is the high at 14.66 ¢; the low was 12.73 ¢ (2015). 2024: +2.8% here, +4.0% for the South Carolina average. SAIDI at Laurens Electric Coop, Inc (major events excluded) went from 86 minutes in 2015 to 97 in 2024, +13%, between 84 (2021) and 116 (2023). Laurens Electric Coop, Inc filed SAIDI under the national median in 7 of 10 years; its 2024 figure was 97 minutes, -2 from that year's median. 2024: 8310 minutes with major events, 97 without, the widest gap of any year. Laurens Electric Coop, Inc has 10 cheaper and 8 higher-priced South Carolina peers among 19 with 20,000+ homes. Next cheaper, Dominion Energy South Carolina, Inc, bills 14.59 ¢ (-0.07). Next higher-priced, Santee Electric Coop, Inc, bills 14.74 ¢ (+0.08).

A 3.0% premium over South Carolina, with outage minutes at 0.98x the national median.

Home accounts at Laurens Electric Coop, Inc went from 50,115 in 2015 to 58,438 in 2024, +16.6%. Business customers paid 0.95 times the home price in 2024 (13.88 against 14.66 ¢); the ratio was 0.95 in 2015. SAIFI went from 0.88 in 2015 to 1.14 in 2024, between 0.88 and 1.37.

Outages and home price of Laurens Electric Coop, Inc (EIA utility 10768), 2013 to 2024

Yearly SAIDI at Laurens Electric Coop, Inc: 72 minutes in 2014, 97 in 2024, a rise of 34%. Its best year was 2014 (72 min), its worst 2023 (116 min), across 11 filed years. Against a South Carolina median of 95 minutes in 2024, Laurens Electric Coop, Inc was above the middle.

Corrected for inflation, a Laurens Electric Coop, Inc home paid 15.04 ¢/kWh in 2024 against 17.23 ¢ in 2013, −12.7%; the bill itself went 12.47 ¢ to 14.66 ¢ (+17.6%). A home using 1,000 kWh a month paid $2,067 for the year at the 2013 real price and $1,805 at the 2024 price. Place on home price: 24th cheapest of 40 in 2013, 16th of 30 in 2024 among South Carolina utilities with 1,000+ homes.

Laurens Electric Coop, Inc outage minutes a customer, 2014 to 2024: 97 in 2024

Laurens Electric Coop, Inc at 97 min in 2024 and the South Carolina median at 95.

Laurens Electric Coop, Inc home price since 2013: −12.7% after inflation

Laurens Electric Coop, Inc: 15.04 ¢ in 2025 dollars (solid) and 14.66 ¢ as billed (dashed) in 2024.

Laurens Electric Coop, Inc, EIA utility 10768, year by year among South Carolina utilities

Laurens Electric Coop, Inc 2013-2024: 12 rows

Year, Laurens Electric C	¢ billed	¢ in 2025 $	Price place, Laurens Electr	SAIDI min	SAIFI	SAIDI place, Laurens Electr	South Carolina median SAIDI
2013	12.47	17.23	24 of 40	–	–	–	–
2014	12.80	17.41	21 of 40	72	0.82	5 of 13	95
2015	12.73	17.29	20 of 40	86	0.88	6 of 15	97
2016	12.77	17.13	18 of 41	89	1.12	5 of 15	134
2017	13.00	17.07	17 of 41	91	1.37	8 of 16	100
2018	13.25	16.99	21 of 41	87	1.31	5 of 16	118
2019	13.32	16.78	22 of 44	114	1.22	11 of 17	93
2020	13.70	17.05	20 of 32	114	1.19	8 of 15	114
2021	13.31	15.81	20 of 32	84	0.92	9 of 16	82
2022	13.85	15.24	19 of 32	96	1.07	9 of 18	99
2023	14.26	15.07	16 of 31	116	1.18	10 of 17	115
2024	14.66	15.04	16 of 30	97	1.14	10 of 18	95

Laurens Electric Coop, I, EIA utility 10768: EIA-861, CPI-U.

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SAIDI explained, South Carolina real prices.

Facts

Customer accounts: 64,6652.2% of South Carolina total
Residential accounts: 58,4382.3% of South Carolina homes
Commercial accounts: 6,1699.5% of the base
Residential rate: 14.66 ¢/kWhplace 11 of 19, +3.0% against the state
Commercial rate: 13.88 ¢/kWhplace 18 of 23, +30.4% against the state
SAIDI, no major events: 97.1 minbetter than 52% of reporters
SAIFI, no major events: 1.141.13x the median
SAIDI with major events: 8310.0 min98.8% from event days
Net-metered capacity: 1.7 MW256 installations
Counties served: 7all in South Carolina
Average residential use: 12,781 kWh/yr1,065 a month
Implied monthly bill: $156-$19 on the U.S. rate, 1,065 kWh
Residential rate since 2015: +15.1%12.73 to 14.66 ¢/kWh
SAIDI trend: +13%86 min in 2015, 97 in 2024

Data tables

2024 by sector, Laurens Electric Coop, Inc

Laurens Electric Coop, Inc sector	Accounts	Rate ¢/kWh	Gap to South Carolina ¢/kWh
Residential	58,438	14.66	+0.43
Commercial	6,169	13.88	+3.24

Year by year, Laurens Electric Coop, Inc

Year	Home accounts, Laurens Electric Coop,	Home ¢	Business ¢	Ratio	SAIDI	SAIFI
2015	50,115	12.73	12.16	0.95	86	0.88
2016	50,850	12.77	12.09	0.95	89	1.12
2017	51,592	13.00	12.32	0.95	91	1.37
2018	52,455	13.25	12.55	0.95	87	1.31
2019	53,225	13.32	12.79	0.96	114	1.22
2020	54,515	13.70	12.92	0.94	114	1.19
2021	55,327	13.31	12.80	0.96	84	0.92
2022	56,048	13.85	13.21	0.95	96	1.07
2023	57,401	14.26	13.89	0.97	116	1.18
2024	58,438	14.66	13.88	0.95	97	1.14

Peers of Laurens Electric Coop, Inc in South Carolina, place 11 of 19 on home price

Utility near Laurens Electric Coop, Inc on price	SAIDI min, gap to Laurens Electric Coop, Inc	Home ¢, gap to Laurens Electric Coop, Inc	Gap % to Laurens Electric Coop, Inc	Accounts, Laurens Electric Coop, Inc = 1
8. Black River Electric Coop, Inc	+2	-1.19	-8.1%	0.54
9. Fairfield Electric Coop, Inc	No data	-0.31	-2.1%	0.53
10. Dominion Energy South Carolina, Inc	-16	-0.07	-0.5%	12.47
11. Laurens Electric Coop, Inc (this utility)	97	14.66	-	1.00
12. Santee Electric Coop, Inc	+50	+0.08	+0.6%	0.69
13. Mid-Carolina Electric Coop Inc	+20	+0.22	+1.5%	0.94
14. Berkeley Electric Coop Inc	-8	+0.28	+1.9%	2.06

Who buys Laurens Electric Coop, Inc's electricity

Class at Laurens Electric Coop, Inc	Accounts	Of Laurens Electric Coop, Inc accounts	Of Laurens Electric Coop, Inc MWh sold	kWh a year per Laurens Electric Coop, Inc account
Residential	58,438	90.4%	64.3%	12,781
Commercial	6,169	9.5%	20.0%	37,626
Industrial and other	58	0.09%	15.7%	3,137,172

Laurens Electric Coop, Inc among South Carolina cooperatives

Laurens Electric Coop, Inc and its neighbours on price	SAIDI min, gap to Laurens Electric Coop, Inc	Home ¢, gap to Laurens Electric Coop, Inc	Accounts, Laurens Electric Coop, Inc = 1
1. York Electric Coop Inc (SC)	-8	-2.01	1.09
2. Palmetto Electric Coop Inc (SC)	-65	-1.87	1.24
3. Horry Electric Coop Inc (SC)	+10	-1.42	1.53
4. Black River Electric Coop, Inc (SC)	+2	-1.19	0.54
5. Laurens Electric Coop, Inc (SC, this utility)	97	14.66	1.00
6. Mid-Carolina Electric Coop Inc (SC)	+20	+0.22	0.94
7. Berkeley Electric Coop Inc (SC)	-8	+0.28	2.06

Laurens Electric Coop, Inc: meters, rate options and solar

Measure	Laurens Electric Coop, Inc	South Carolina context	Laurens Electric Coop, Inc detail
Laurens Electric Coop, Inc home meters on AMI	100.0%	South Carolina 88.7%	57,609 of 57,609 meters
Time-of-use rate for Laurens Electric Coop, Inc homes	Offered	9 of 13 South Carolina utilities offer one	5 homes on dynamic pricing, 0.01% of 58,438
Net-metered installations	256	97% residential	4.2 homes per 1,000 accounts, 6.8 kW average

Monthly energy cost by use, Laurens Electric Coop, Inc

kWh	Share of a 1,065 kWh month	Cost a month at 14.66 ¢	vs U.S.	Cost a year
250	23%	$36.65	-$4.55	$440
500	47%	$73.29	-$9.11	$880
750	70%	$109.94	-$13.66	$1,319
1,000	94%	$146.58	-$18.22	$1,759
1,500	141%	$219.88	-$27.32	$2,639
2,000	188%	$293.17	-$36.43	$3,518

Outage record, Laurens Electric Coop, Inc

Measure, Laurens Electric Coo	No events	All events	Converted
SAIDI minutes	97.1	8310.0	1.62 h
SAIFI interruptions	1.140	2.840	0.88 yr apart
CAIDI minutes	85.2	2926.0	1.42 h

Territory of Laurens Electric Coop, Inc

7 South Carolina counties, region SERC:

South Carolina other states: 7 of 7 counties of Laurens Electric Coop, Inc drawn

Laurens Electric Coop, Inc: 7 counties listed by EIA-861, Census 2023 outlines.

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County list

Abbeville
Anderson
Greenville
Laurens
Newberry
Spartanburg
Union

Questions on Laurens Electric Coop, Inc

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

64,665 accounts in 2024: residential 58,438, commercial 6,169, industrial 58.

What is the average residential rate of Laurens Electric Coop, Inc?

In 2024 homes paid 14.66 cents; against the South Carolina average that is +3.0%.

How reliable is Laurens Electric Coop, Inc by SAIDI and SAIFI?

SAIDI 97.1 min and SAIFI 1.14 a year, major events excluded; ratio to the national median 0.98, CAIDI 85 min.

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

256 installations with 1.7 MW, of which residential installations number 248.

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

1,065 kWh at 14.66 cents comes to about $156, energy only.

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

Rank 11 of 19 in South Carolina on price, +3.0% against the state average; 10 charge less than 14.66 ¢.

What share of Laurens Electric Coop, Inc sales do homes buy?

Homes take 64.3% of 1,160,961 MWh, commercial accounts 20.0%, industrial and other 15.7%; the 6,169 commercial accounts use 37,626 kWh each, 2.9 times a home.

At Laurens Electric Coop, Inc, are smart meters in homes, with a TOU option?

57,609 of 57,609 home meters are AMI, 100.0%. Laurens Electric Coop, Inc offers a home time-of-use rate; 5 customers use dynamic pricing, 0.01% of its homes.

Has Laurens Electric Coop, Inc moved up the South Carolina price list since 2015?

9th cheapest of 15 in 2015, 11th of 19 in 2024; its price rose 15.1% while South Carolina rose 13.2%.

Where does Laurens Electric Coop, Inc stand among 6 peers?

Place 5 of 7 on home price at 14.66 ¢ (South Carolina cooperatives); median 13.47 ¢, cheapest member 12.65 ¢.

What did Laurens Electric Coop, Inc charge homes in 2025?

15.62 cents per kWh, +6.6% on the 14.66 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Laurens Electric Coop, Inc at 14.66 ¢/kWh in 2024, among companies with a page here, any state.

Tampa Electric CoFlorida, 14.67 ¢/kWh, 0.01 ¢ above
Clark County Rural E M CIndiana, 14.63 ¢/kWh, 0.03 ¢ below
Puget Sound Energy IncWashington, 14.63 ¢/kWh, 0.03 ¢ below
US Retailers, LLCTexas, 14.60 ¢/kWh, 0.06 ¢ below

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

EIA-861 annual report entry for Laurens Electric Coop, Inc: rates, outages and net metering, customers and sales
EIA-861 form instructions for Laurens Electric Coop, Inc: rates, outages and net metering, how a customer is counted
EIA state profiles for Laurens Electric Coop, Inc: rates, outages and net metering, the state price average