Coastal Electric Cooperative Walterboro: Rates and Coverage Area

Coastal Electric Cooperative Walterboro

Electricity Rates, Plans & Statistics

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About Coastal Electric Cooperative Walterboro

Coastal Electric Cooperative Walterboro is an electricity cooperative. The largest county serviced by Coastal Electric Cooperative Walterboro is Colleton County, but the company also provides electricity in 2 counties in the state of South Carolina. A total of 11,913 customers (90.21% residential accounts, 9.75% commercial customers and 0.03% industrial accounts) purchase their electricity from the company. The residential electricity rate for customers of Coastal Electric Cooperative Walterboro is, on average, 17.10 cents per kilowatt hour, which is 8.66% higher than the national average rate of 15.73 cents. This ranks the company 2534th out of 2892 companies in the nation for lowest average electricity price. The company sold 176,420 megawatt hours through retail sales in 2019. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2019, they made a total of $27,426,500 from business activities relating to the sale and transfer of electricity. They had revenue of $27,222,900 from retail sales to end users.

The average monthly residential electricity bill for a customer of Coastal Electric Cooperative Walterboro is $181.46 per month, while the South Carolina average is $141.2. Patrons of the supplier pay 29.73% more compared to other residents of South Carolina. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.

Coastal Electric Cooperative Walterboro Net Metering

Offering net metering to customers is a win-win situation for Coastal Electric Cooperative Walterboro and citizens who get their electricity from the company. Net metering makes solar panel purchases more economically feasible as it allows consumers to sell electricity into the grid.

Coastal Electric Cooperative Walterboro Rate & Electric Bills

Coastal Electric Cooperative Walterboro residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.183/kWh$0.129/kWh$261.82/mo.$132.97/mo.
2534th17.10¢Coastal Electric Cooperative Walterboro's Average residential price per kWh
2749th$181.46Average monthly electricity bill for Coastal Electric Cooperative Walterboro's residential customers

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Coastal Electric Cooperative Walterboro Overview

  • Company Type:Cooperative
  • Headquarters:2269 Jefferies Highway
    Walterboro, South Carolina 29488
    United States of America
  • CEO:Larry Hinz

Coastal Electric Cooperative Walterboro Contact

Coastal Electric Cooperative Walterboro Service

  • States Served:
    • South Carolina
  • Counties Served:
    • Colleton County
    • Bamberg County
  • Major Cities Served:See all cities

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Coastal Electric Cooperative Walterboro Coverage Map

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Coastal Electric Cooperative Walterboro State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
South Carolina11,91328,241,877.2432100%

Coastal Electric Cooperative Walterboro County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bamberg County13,525415.05$163.16/mo
Colleton County38,520215.34$158.69/mo

Cities Coastal Electric Cooperative Walterboro Has Coverage

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

Coastal Electric Cooperative Walterboro Reviews

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Coastal Electric Cooperative Walterboro FAQ:

Who is the CEO of Coastal Electric Cooperative Walterboro?

Coastal Electric Cooperative Walterboro's CEO is Larry Hinz.

How much is the average bundled bill for Coastal Electric Cooperative Walterboro customers each month?

Coastal Electric Cooperative Walterboro currently has an average monthly bundled electric bill of $181.46, compared to the South Carolina average of $141.20 and the national of $141.20 for bundled service.

How many counties does Coastal Electric Cooperative Walterboro offer service in?

There are 2 counties that receive at least some electricity coverage by Coastal Electric Cooperative Walterboro including South Carolina.

What is the phone number for Coastal Electric Cooperative Walterboro?

Coastal Electric Cooperative Walterboro's customer service phone number is (843) 538-5700

What cities does Coastal Electric Cooperative Walterboro supply electricity in?

Coastal Electric Cooperative Walterboro serves 2 cities.

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

Consumers of Coastal Electric Cooperative Walterboro, on average, have an electricity bundled rate 17.10 cents per kilowatt hour (¢/kWh).

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2023-12-06