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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

Palmetto Electric Coop Inc: rates, outages and net metering

Roughly 80,015 South Carolina accounts belong to Palmetto Electric Coop Inc, classed by EIA as cooperative; the residential count is 68,338. Major event days make 95% of its yearly outage minutes (631 with them, 32 without).

Palmetto Electric Coop Inc: 1,203 kWh a month costs roughly $154 in energy at 12.79 ¢/kWh, -10.1% on the South Carolina average of 14.23 ¢.

Major event days make 95% of its yearly outage minutes (631 with them, 32 without).

Palmetto Electric Coop Inc: major event days

Share of SAIDI from major events
95%631 minutes with events, 32 without

Major events weigh on Palmetto Electric Coop Inc: 631 minutes with them, 32 without, so 95% of the total comes from event days, 19.90 times the everyday figure.

SAIFI adds the frequency view: 0.69 interruptions a customer a year, 0.68 times the national median (1.01), with 46 minutes per interruption.

How it compares

Palmetto Electric Coop Inc
Palmetto Electric Coop Inc, 2024HomeBusinessBillSAIDI
Palmetto Electric Coop Inc12.79 ¢/kWh12.01 ¢/kWh$154at 1,203 kWh32 minSAIDI
South Carolina average against this company, which is 6 of 19 on price+1.44 ¢/kWhcompany 10.1% below-1.37 ¢/kWhcompany 12.9% above+$17a month at 1,203 kWh+64 mincompany 64 below
York Electric Coop IncLowest in this table12.65 ¢/kWhcompany 1.1% above12.02 ¢/kWhcompany 0.1% below$1522 less than company89 mincompany 57 below

Compare 26 South Carolina companies

Palmetto Electric Coop Inc: 2025

Palmetto Electric Coop Inc: +12.5% on 2024 for homes, South Carolina +5.1%.

Palmetto Electric Coop Inc home price, 2025
14.39 ¢/kWh+12.5% on 2024, early release
Palmetto Electric Coop Inc SAIDI, 2025
38 min+20% on 2024, early release
Palmetto Electric Coop Inc against South Carolina, 2025
+7.4 pointsPalmetto Electric Coop Inc +12.5%, South Carolina +5.1%, price in South Carolina 14.96 ¢

Palmetto Electric Coop Inc reported 14.39 ¢/kWh for homes in 2025, +12.5% on its 2024 figure of 12.79, while the South Carolina average moved +5.1%. Its SAIDI is 38 minutes against 32 in 2024.

Carbon context

Palmetto Electric Coop Inc serves 68,338 homes in South Carolina. At 1,203 kWh a month that is about 304 kg of CO₂, or 3,649 kg a year, at the South Carolina plant rate, state generation and not this utility: South Carolina generation mix.

Palmetto Electric Coop Inc charts

Residential price since 2015: 12.79 ¢ in 2024

11.75 ¢ in 2015, 12.79 ¢ in 2024 (+8.9%); South Carolina 12.57 to 14.23 ¢.

Palmetto Electric Coop Inc residential price 2015-2024, 2015 to 2024: 10 rows
YearPalmetto Electric Coop IncGap to South Carolina residentialGap to U.S. residential
201511.75-0.82-0.90
201611.56-1.09-0.99
201712.05-0.97-0.84
201811.62-0.82-1.25
201911.71-1.28-1.30
202011.71-1.07-1.44
202111.40-1.46-2.26
202211.90-1.69-3.14
202312.28-1.40-3.72
202412.79-1.44-3.69

10 rows from EIA retail sales.

CSV

Palmetto Electric Coop Inc SAIDI, 2015-2024

43 min in 2015, 32 in 2024.

Palmetto Electric Coop Inc SAIDI by year, 2015 to 2024: 10 rows
YearPalmetto Electric Coop, no major events
201543
201641
201742
201834
201944
202038
202133
202229
202335
202432

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 31.7 min

31.7 min, 0.32x the median reporter, rank 92 of 673.

min

  • Company, no major events31.7
  • Company, with major events630.7

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

CSV

Analyst note

From 11.75 ¢ in 2015 to 12.79 ¢ in 2024, a move of +8.9%: Palmetto Electric Coop Inc lagged its state (+13.2%) by 4.3 points, and -21.4 points against the U.S. Palmetto Electric Coop Inc's sharpest move came in 2022, +4.3%. The latest year is the high at 12.79 ¢; the low was 11.40 ¢ (2021). 2024: +4.1% here, +4.0% for the South Carolina average. SAIDI at Palmetto Electric Coop Inc (major events excluded) fell from 43 minutes in 2015 to 32 in 2024, -27%; best year 2022 at 29. Palmetto Electric Coop Inc filed SAIDI under the national median in 10 of 10 years; its 2024 figure was 32 minutes, -68 from that year's median. 2016: 2809 minutes with major events, 41 without, the widest gap of any year. Palmetto Electric Coop Inc has 5 cheaper and 13 higher-priced South Carolina peers among 19 with 20,000+ homes. Next cheaper, York Electric Coop Inc, bills 12.65 ¢ (-0.14). Next higher-priced, Horry Electric Coop Inc, bills 13.23 ¢ (+0.45).

Two good signs together. Rates are 10.1% below South Carolina and outage time of 32 minutes beats the national median by 68%.

Home accounts at Palmetto Electric Coop Inc went from 58,993 in 2015 to 68,338 in 2024, +15.8%. Business customers paid 0.94 times the home price in 2024 (12.01 against 12.79 ¢); the ratio was 0.95 in 2015. SAIFI went from 0.66 in 2015 to 0.69 in 2024, between 0.54 and 0.71.

Facts

Customer accounts
80,0152.7% of South Carolina total
Residential accounts
68,3382.6% of South Carolina homes
Commercial accounts
11,65114.6% of the base
Residential rate
12.79 ¢/kWhplace 6 of 19, -10.1% against the state
Commercial rate
12.01 ¢/kWhplace 8 of 23, +12.9% against the state
SAIDI, no major events
31.7 minbetter than 86% of reporters
SAIFI, no major events
0.690.68x the median
SAIDI with major events
630.7 min95.0% from event days
Net-metered capacity
3.2 MW358 installations
Counties served
4all in South Carolina
Average residential use
14,438 kWh/yr1,203 a month
Implied monthly bill
$154-$44 on the U.S. rate, 1,203 kWh
Residential rate since 2015
+8.9%11.75 to 12.79 ¢/kWh
SAIDI trend
-27%43 min in 2015, 32 in 2024

Data tables

2024 by sector, Palmetto Electric Coop Inc

Palmetto Electric Coop Inc sectorAccountsRate ¢/kWhGap to South Carolina ¢/kWh
Residential68,33812.79-1.44
Commercial11,65112.01+1.37

Year by year, Palmetto Electric Coop Inc

YearHome accounts, Palmetto Electric CoopHome ¢Business ¢RatioSAIDISAIFI
201558,99311.7511.110.95430.66
201659,57311.5610.930.95410.71
201760,76012.0511.380.94420.62
201861,53611.6211.120.96340.56
201962,94511.7111.160.95440.63
202064,15311.7111.170.95380.54
202165,27411.4010.910.96330.70
202265,97011.9011.480.97290.54
202367,12512.2811.890.97350.60
202468,33812.7912.010.94320.69

Peers of Palmetto Electric Coop Inc in South Carolina, place 6 of 19 on home price

Utility near Palmetto Electric Coop Inc on priceSAIDI min, gap to Palmetto Electric Coop IncHome ¢, gap to Palmetto Electric Coop IncGap % to Palmetto Electric Coop IncAccounts, Palmetto Electric Coop Inc = 1
3. Greer Commission of Public WksNo data-0.99-7.7%0.44
4. City of Rock Hill+58-0.24-1.9%0.50
5. York Electric Coop Inc+57-0.14-1.1%0.88
6. Palmetto Electric Coop Inc (this utility)3212.79-1.00
7. Horry Electric Coop Inc+76+0.45+3.5%1.24
8. Black River Electric Coop, Inc+67+0.68+5.3%0.44
9. Fairfield Electric Coop, IncNo data+1.56+12.2%0.43

Who buys Palmetto Electric Coop Inc's electricity

Class at Palmetto Electric Coop IncAccountsOf Palmetto Electric Coop Inc accountsOf Palmetto Electric Coop Inc MWh soldkWh a year per Palmetto Electric Coop Inc account
Residential68,33885.4%63.7%14,438
Commercial11,65114.6%30.5%40,504
Industrial and other260.03%5.9%3,498,038

Palmetto Electric Coop Inc among South Carolina cooperatives

Palmetto Electric Coop Inc and its neighbours on priceSAIDI min, gap to Palmetto Electric Coop IncHome ¢, gap to Palmetto Electric Coop IncAccounts, Palmetto Electric Coop Inc = 1
1. York Electric Coop Inc (SC)+57-0.140.88
2. Palmetto Electric Coop Inc (SC, this utility)3212.791.00
3. Horry Electric Coop Inc (SC)+76+0.451.24
4. Black River Electric Coop, Inc (SC)+67+0.680.44
5. Laurens Electric Coop, Inc (SC)+65+1.870.81
6. Mid-Carolina Electric Coop Inc (SC)+86+2.090.76
7. Berkeley Electric Coop Inc (SC)+57+2.151.67

Palmetto Electric Coop Inc: meters, rate options and solar

MeasurePalmetto Electric Coop IncSouth Carolina contextPalmetto Electric Coop Inc detail
Palmetto Electric Coop Inc home meters on AMI100.0%South Carolina 88.7%68,942 of 68,942 meters
Homes with daily digital access68,338South Carolina figure not published100% of the 68,338 home accounts
Time-of-use rate for Palmetto Electric Coop Inc homesOffered9 of 13 South Carolina utilities offer one1 home on dynamic pricing, 0.00% of 68,338
Net-metered installations35896% residential5.0 homes per 1,000 accounts, 8.8 kW average

Monthly energy cost by use, Palmetto Electric Coop Inc

kWhShare of a 1,203 kWh monthCost a month at 12.79 ¢vs U.S.Cost a year
25021%$31.97-$9.23$384
50042%$63.95-$18.45$767
75062%$95.92-$27.68$1,151
1,00083%$127.89-$36.91$1,535
1,500125%$191.84-$55.36$2,302
2,000166%$255.78-$73.82$3,069

Outage record, Palmetto Electric Coop Inc

Measure, Palmetto Electric CoNo eventsAll eventsConverted
SAIDI minutes31.7630.70.53 h
SAIFI interruptions0.6902.4391.45 yr apart
CAIDI minutes45.9258.60.77 h

Territory of Palmetto Electric Coop Inc

4 South Carolina counties, region SERC:

Counties served by Palmetto Electric Coop IncBeaufortAllendaleHamptonJasper

South Carolina other states: 4 of 4 counties of Palmetto Electric Coop Inc drawn

Palmetto Electric Coop Inc: 4 counties listed by EIA-861, Census 2023 outlines.

CSV
County list
  • Allendale
  • Beaufort
  • Hampton
  • Jasper

Questions on Palmetto Electric Coop Inc

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

80,015 accounts in 2024: residential 68,338, commercial 11,651, industrial 26.

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

In 2024 homes paid 12.79 cents; against the South Carolina average that is -10.1%.

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

SAIDI 31.7 min and SAIFI 0.69 a year, major events excluded; ratio to the national median 0.32, CAIDI 46 min.

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

358 installations with 3.2 MW, of which residential installations number 342.

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

1,203 kWh at 12.79 cents comes to about $154, energy only.

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

Rank 6 of 19 in South Carolina on price, -10.1% against the state average; 5 charge less than 12.79 ¢.

What share of Palmetto Electric Coop Inc sales do homes buy?

Homes take 63.7% of 1,549,535 MWh, commercial accounts 30.5%, industrial and other 5.9%; the 11,651 commercial accounts use 40,504 kWh each, 2.8 times a home.

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

68,942 of 68,942 home meters are AMI, 100.0%. Palmetto Electric Coop Inc offers a home time-of-use rate; 1 customer uses dynamic pricing, 0.00% of its homes.

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

3rd cheapest of 15 in 2015, 6th of 19 in 2024; its price rose 8.9% while South Carolina rose 13.2%.

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

Place 2 of 7 on home price at 12.79 ¢ (South Carolina cooperatives); median 13.47 ¢, cheapest member 12.65 ¢.

What did Palmetto Electric Coop Inc charge homes in 2025?

14.39 cents per kWh, +12.5% on the 12.79 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Palmetto Electric Coop Inc at 12.79 ¢/kWh in 2024, among companies with a page here, any state.

More on Palmetto Electric Coop Inc

Rate plans on file

1 home plan record, energy charges: 10.3 ¢/kWh.

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

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

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Palmetto Electric Coop Inc: 1,203 kWh a month costs roughly $154 in energy at 12.79 ¢/kWh, -10.1% on the South Carolina average of 14.23 ¢.