Gaffney Electric: Rates and Coverage Area

Gaffney Electric

Electricity Rates, Plans & Statistics

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About Gaffney Electric

Gaffney Electric provides electricity in Gaffney, South Carolina. Gaffney Electric's customers are billed an average residential electricity price of 12.61 cents per kilowatt hour, which is 12.06% lower than the state's average price of 14.34 cents and 22.27% less than the nationwide average of 16.22 cents. They sold 223,720 megawatt hours through retail sales in 2023. Electricity production and wholesale power purchases made up 0.03% and 99.97%, respectively, of all electricity sourced. Power facilities the company owns produced 76 megawatt hours and an additional 236,600 megawatt hours were acquired via wholesale channels. In 2023, the provider earned a total of $28,394,000 from retail electricity sales to end users.

The average monthly residential electricity bill for a consumer of Gaffney Electric is $125.47, while the state average is $153.1. Consumers of the provider pay 19.27% less compared to the rest of the state. The company does not have ownership in any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.

Gaffney Electric Net Metering

Gaffney Electric offers net metering choices to consumers. Net metering makes solar panel purchases more economically viable as it allows consumers to sell electricity into the grid.

Gaffney Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.138/kWh$0.098/kWh$165.18/mo.$80.15/mo.
904th12.61¢Gaffney Electric's Average residential price per kWh
1187th$125.47Average monthly electricity bill for Gaffney Electric's residential customers

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Gaffney Electric Overview

  • Company Type:Municipal
  • Headquarters:210 East Frederick Street
    Gaffney, South Carolina 29340
    United States of America
  • Director/Superintendent:Donnie L. Hardin

Gaffney Electric Contact

Gaffney Electric Service

Energy provider of the year for South Carolina, Mid-Sized Provider Category
Top 3 Least Outages Per Year
South Carolina, Mid-Sized Provider Category
Claim Award
Energy provider of the year for South Carolina, Mid-Sized Provider Category
Top 3 Lowest Residential Electricity Rate
South Carolina, Mid-Sized Provider Category
Claim Award
Energy provider of the year for South Carolina, Mid-Sized Provider Category
Lowest Energy Loss
South Carolina, Mid-Sized Provider Category
Claim Award

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Gaffney Electric Coverage Map

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Gaffney Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
South Carolina7,82930,105,135.8828100%

Gaffney Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cherokee County56,204514.32$150.01/mo

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Gaffney Electric FAQ:

What is the average bundled electricity rate for Gaffney Electric customers?

Gaffney Electric's current average bundled electricity rate is 12.61 cents per kilowatt hour (¢/kWh), compared to the average South Carolina bundled rate of 14.34 cents and the average United States rate of 16.22 cents.

How much is the average bundled bill for Gaffney Electric customers each month?

Gaffney Electric currently has an average monthly bundled electric bill of $125.47, compared to the South Carolina average of $153.10 and the US of $153.10 for bundled service.

Who is the CEO of Gaffney Electric?

Gaffney Electric's CEO is Donnie L. Hardin.

What is the phone number for Gaffney Electric?

The Gaffney Electric phone number is (864) 488-8800.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-08-07