Aiken Electric Cooperative: Rates and Coverage Area

Aiken Electric Cooperative

Electricity Rates, Plans & Statistics

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About Aiken Electric Cooperative

Aiken Electric Cooperative operates in 6 cities and is considered an electricity cooperative. Aiken Electric Cooperative's average residential electricity rate per kilowatt hour is 16.95 cents per kilowatt hour, which is 7.47% more than the US average rate of 15.77 cents. This makes the company 2476th out of 2881 providers in the US for lowest average electricity price. The supplier had total sales and disposition of 950,452 megawatt hours in 2023, of which 907,354 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category makes up 100.00% of all electricity sourced by the company. In 2023, the supplier made a total of $130,306,000 from business activities relating to the sale and transfer of electricity. They had 96.50% of their revenue coming from retail sales to end users.

Consumers of the supplier pay an average monthly residential power bill of $186.52. This is 28.34% above the state average of $146.85. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.

Aiken Electric Cooperative Net Metering

Aiken Electric Cooperative gives consumers the ability to take advantage of net metering. This is a positive for any customer potentially installing private solar panels, as net metering allows them to sell their excess wattage back to their electricity provider.

Energy Loss

Aiken Electric Cooperative currently loses approximately 4.42% of the electricity that they produce. The state of South Carolina has an energy loss average of 2.44% and the countrywide average is 2.43%, resulting in Aiken Electric Cooperative receiving a rank of 24th best out of 44 suppliers reporting energy loss in South Carolina.

Aiken Electric Cooperative Rate & Electric Bills

Aiken Electric Cooperative residential electric rates are highest in April and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.184/kWh$0.120/kWh$259.90/mo.$111.32/mo.
2476th16.95¢Aiken Electric Cooperative's Average residential price per kWh
2690th$186.52Average monthly electricity bill for Aiken Electric Cooperative's residential customers

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Aiken Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:2790 Wagener Road
    Aiken, South Carolina 29801
    United States of America
  • CEO:Gary L. Stooksbury

Aiken Electric Cooperative Contact

Aiken Electric Cooperative Service

Energy Loss

Aiken Electric Cooperative's energy loss due to business operations.

-4.42%

Total Energy Loss

42,029MWh

937 National Rank

Power Outages

Currently, 0 customers are being tracked in Aiken Electric Cooperative.

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Customers Out:

0

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Aiken Electric Cooperative Coverage Map

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Aiken Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
South Carolina52,705141,611,027.0913100%

Aiken Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Aiken County174,150315.11$160.35/mo
Barnwell County20,801315.17$167.50/mo
Calhoun County14,198315.78$168.74/mo
Edgefield County25,938315.21$161.69/mo
Lexington County304,797414.55$155.32/mo
McCormick County9,584515.08$157.30/mo
Orangeburg County83,094615.31$167.22/mo
Saluda County19,008414.66$156.51/mo

Cities Aiken Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Aiken Electric Cooperative Reviews

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Aiken Electric Cooperative FAQ:

What is the phone number for Aiken Electric Cooperative?

The Aiken Electric Cooperative phone number is (803) 649-6245.

What cities does Aiken Electric Cooperative provider electricity in?

Aiken Electric Cooperative supplies in 6 cities throughout the nation.

What is the average bundled bill for Aiken Electric Cooperative customers each month?

Consumers of Aiken Electric Cooperative pay, on average, a monthly bundled bill of $186.52.

What is the average bundled electricity rate for Aiken Electric Cooperative customers?

Consumers of Aiken Electric Cooperative, on average, have an electricity bundled rate 16.95 cents per kilowatt hour (¢/kWh).

When will Aiken Electric Cooperative power be restored?

The average number of minutes for an outage for Aiken Electric Cooperative's customers is 113.13 minutes.

Who is the CEO of Aiken Electric Cooperative?

Aiken Electric Cooperative's current CEO is Gary L. Stooksbury.

How many counties does Aiken Electric Cooperative sell electricity in?

There are 8 counties that receive at least some electricity coverage by Aiken Electric Cooperative including South Carolina.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-08-21