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, 2024
Home
Business
Bill
SAIDI
Palmetto Electric Coop Inc
12.79 ¢/kWh
12.01 ¢/kWh
$154at 1,203 kWh
32 minSAIDI
South Carolina average against this company, which is 6 of 19 on price
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
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.
Outages and home price of Palmetto Electric Coop Inc (EIA utility 14398), 2013 to 2024
Yearly SAIDI at Palmetto Electric Coop Inc: 50 minutes in 2013, 32 in 2024, a drop of 37%. Its best year was 2022 (29 min), its worst 2013 (50 min), across 12 filed years. Against a South Carolina median of 95 minutes in 2024, Palmetto Electric Coop Inc was below the middle.
Corrected for inflation, a Palmetto Electric Coop Inc home paid 13.13 ¢/kWh in 2024 against 16.19 ¢ in 2013, −18.9%; the bill itself went 11.72 ¢ to 12.79 ¢ (+9.1%). A home using 1,000 kWh a month paid $1,943 for the year at the 2013 real price and $1,575 at the 2024 price. Place on home price: 15th cheapest of 40 in 2013, 8th of 30 in 2024 among South Carolina utilities with 1,000+ homes.
Palmetto Electric Coop Inc outage minutes a customer, 2013 to 2024: 32 in 2024
Palmetto Electric Coop Inc at 32 min in 2024 and the South Carolina median at 95.
Palmetto Electric Coop Inc home price since 2013: −18.9% after inflation
Palmetto Electric Coop Inc: 13.13 ¢ in 2025 dollars (solid) and 12.79 ¢ as billed (dashed) in 2024.
Palmetto Electric Coop Inc, EIA utility 14398, year by year among South Carolina utilities
Palmetto Electric Coop Inc 2013-2024: 12 rows
Year, Palmetto Electric
¢ billed
¢ in 2025 $
Price place, Palmetto Elect
SAIDI min
SAIFI
SAIDI place, Palmetto Elect
South Carolina median SAIDI
2013
11.72
16.19
15 of 40
50
0.86
3 of 11
92
2014
11.97
16.28
14 of 40
46
0.77
3 of 13
95
2015
11.75
15.96
8 of 40
43
0.66
3 of 15
97
2016
11.56
15.51
7 of 41
41
0.71
2 of 15
134
2017
12.05
15.82
9 of 41
42
0.62
2 of 16
100
2018
11.62
14.89
6 of 41
34
0.56
2 of 16
118
2019
11.71
14.75
7 of 44
44
0.63
4 of 17
93
2020
11.71
14.57
6 of 32
38
0.54
2 of 15
114
2021
11.40
13.55
6 of 32
33
0.70
2 of 16
82
2022
11.90
13.09
7 of 32
29
0.54
2 of 18
99
2023
12.28
12.98
4 of 31
35
0.60
1 of 17
115
2024
12.79
13.13
8 of 30
32
0.69
1 of 18
95
Palmetto Electric Coop I, EIA utility 14398: EIA-861, CPI-U.
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.