Aiken Electric Cooperative

Electricity Rates, Plans & Statistics

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About Aiken Electric Cooperative

Aiken Electric Cooperative operates in 7 cities and is considered an electricity cooperative. At the moment the company provides electricity to residential, commercial and industrial customer accounts, with a total of 46,101 residential customer accounts, 3,190 commercial customer accounts and 16 industrial accounts recently reported to be signed on for their services. Consumers of Aiken Electric Cooperative purchase electricity for, on average, 13.70 cents per kilowatt hour, which is 3.25% above the average state price of 13.27 cents. Of the 939,239 megawatt hours Aiken Electric Cooperative sold and dispossessed, 900,029 were from sales to end users. The electricity sourced by the company primarily came from megawatt hours that they acquired via wholesale channels. They purchased 939,239 megawatt hours on the wholesale market. In 2020, they made a total of $111,037,000 from business activities relating to the sale and transfer of electricity. They had revenue of $109,814,000 from retail sales to end users.

Consumers of the supplier pay an average monthly residential power bill of $151.05. This is 5.59% above the state average of $144.01. 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 4.07% of the electricity that they produce. The state of South Carolina has an energy loss average of 2.76% and the countrywide average is 2.76%, resulting in Aiken Electric Cooperative receiving a rank of 19th best out of 46 suppliers reporting energy loss in South Carolina.

Aiken Electric Cooperative Rate & Electric Bills

Aiken Electric Cooperative residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.140/kWh$0.137/kWh$162.80/mo.$151.05/mo.
2167th13.70¢Aiken Electric Cooperative's Average residential price per kWh
2593rd$151.05Average monthly electricity bill for Aiken Electric Cooperative's residential customers

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

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Energy Loss

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

-4.07%

Total Energy Loss

38,189MWh

654 National Rank

Aiken Electric Cooperative Coverage Map

Coverage Map Placeholder

Aiken Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
South Carolina49,307109,814,00014100%

Aiken Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Aiken County168,808314.95$160.61/mo
Barnwell County20,589315.54$171.51/mo
Calhoun County14,119315.63$167.56/mo
Edgefield County25,657314.83$159.51/mo
Lexington County293,991415.01$162.44/mo
McCormick County9,526515.21$158.83/mo
Orangeburg County84,223515.03$164.02/mo
Saluda County18,862414.84$160.62/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:

How many counties does Aiken Electric Cooperative sell electricity to?

Aiken Electric Cooperative supplies electricity in 8 counties.

What is the phone number for Aiken Electric Cooperative?

Aiken Electric Cooperative's customer service phone number is (803) 649-6245

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 $151.05.

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

The average bundled rate of electricity for customers of Aiken Electric Cooperative is 13.70 cents per kilowatt hour (¢/kWh).

What cities does Aiken Electric Cooperative offer service in?

Aiken Electric Cooperative serves electricity in 7 cities throughout the US including South Carolina.

Who is the CEO of Aiken Electric Cooperative?

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

Last Reviewed By: Matt Hope
Published: 2022-09-24