Broad River Electric Cooperative: Rates and Coverage Area

Broad River Electric Cooperative

Electricity Rates, Plans & Statistics

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About Broad River Electric Cooperative

Broad River Electric Cooperative is headquartered in Gaffney, South Carolina and supplies electricity in 2 states within the United States. At the moment, there are 24,953 customers of the supplier. About 95.07% of them are residential customers, 4.90% of them are commercial customer accounts and 0.03% are industrial properties. Broad River Electric Cooperative has an average residential electricity rate of 16.49 cents per kilowatt hour, which is 4.79% above the nationwide average of 15.73. In 2023 the company had retail sales of 396,589 megawatt hours. The electricity sourced consisted of megawatt hours procured via wholesale channels. They purchased 420,395 megawatt hours on the wholesale market. Their total revenue in 2023 from electricity activities was $56,999,200, with 95.82% coming from retail sales to end users.

The average monthly residential electricity bill for a customer of Broad River Electric Cooperative is $178.93 per month. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates to then be resold to their consumers.

Broad River Electric Cooperative Net Metering

Broad River Electric Cooperative, luckily, allows customers of the company to take part in net metering programs. The purchase of solar panels and other electricity sources is often too expensive for residents. Net metering allows purchasers of these electricity sources to sell extra kilowatt hours back into the grid, making the installation of these alternative sources financially possible.

Energy Loss

Broad River Electric Cooperative reports energy loss of 5.66% of their production due to heat dissipation and other causes. This percentage of energy lost gives them a rank of 1168th best out of 3530 suppliers reporting energy loss in the country.

Broad River Electric Cooperative Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.175/kWh$0.129/kWh$237.98/mo.$115.28/mo.
2347th16.49¢Broad River Electric Cooperative's Average residential price per kWh
2565th$178.93Average monthly electricity bill for Broad River Electric Cooperative's residential customers

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Broad River Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:811 Hamrick Street
    Gaffney, South Carolina 29340
    United States of America
  • CEO:Terry Mallard

Broad River Electric Cooperative Contact

Broad River Electric Cooperative Service

  • States Served:
    • North Carolina
    • South Carolina
  • Counties Served:
    • Spartanburg County
    • Cherokee County
    • Newberry County
    • Union County
  • Major Cities Served:See all cities
Energy provider of the year for South Carolina, Mid-Sized Provider Category
Top 3 Shortest Average Electricity Outages
South Carolina, Mid-Sized Provider Category
Claim Award

Energy Loss

Broad River Electric Cooperative's energy loss due to business operations.

-5.66%

Total Energy Loss

23,806MWh

1168 National Rank

Power Outages

Currently, 0 customers are being tracked in Broad River Electric Cooperative.

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Customers Out:

0

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Broad River Electric Cooperative Coverage Map

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Broad River Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina5071,091,833.17982.14%
South Carolina24,46962,775,412.612197.86%

Broad River Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cherokee County56,204514.72$153.72/mo
Newberry County37,842715.38$158.11/mo
Spartanburg County345,831414.43$150.22/mo
Union County27,306614.65$153.28/mo

Cities Broad River Electric Cooperative Has Coverage

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

Broad River Electric Cooperative Reviews

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Broad River Electric Cooperative FAQ:

What is the average BUNDLED electricity rate for Broad River Electric Cooperative customers?

Consumers of Broad River Electric Cooperative, on average, have an electricity BUNDLED rate 16.49 cents per kilowatt hour (¢/kWh).

Who is the CEO of Broad River Electric Cooperative?

Terry Mallard is the current CEO of Broad River Electric Cooperative.

What is the phone number for Broad River Electric Cooperative?

The Broad River Electric Cooperative phone number is (866) 687-2667.

How much is the average bundled bill for Broad River Electric Cooperative customers each month?

Broad River Electric Cooperative currently has an average monthly bundled electric bill of $178.93, compared to the US of $139.34 for bundled service.

What cities does Broad River Electric Cooperative offer service to?

Broad River Electric Cooperative serves electricity to 5 cities throughout the US.

How many counties does Broad River Electric Cooperative supply electricity in?

There are 4 counties that receive at least some electricity coverage by Broad River Electric Cooperative including North Carolina and South Carolina.

How many states does Broad River Electric Cooperative have customers in in?

There are 2 states that receive at least some electricity coverage by Broad River Electric Cooperative including North Carolina and South Carolina.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-09-13