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 12.07 cents per kilowatt hour, which is 11.59% lower than the state's average price of 13.66 cents and 23.39% less than the nationwide average of 15.76 cents. They sold 309,291 megawatt hours through retail sales in 2022. Electricity production and wholesale power purchases made up 0.13% and 99.87%, respectively, of all electricity sourced. Power facilities the company owns produced 438 megawatt hours and an additional 337,053 megawatt hours were acquired via wholesale channels. In 2022, the provider earned a total of $28,798,000 from retail electricity sales to end users.
The average monthly residential electricity bill for a consumer of Gaffney Electric is $115.44, while the state average is $144.4. Consumers of the provider pay 21.09% less compared to the rest of the state. The company does not have ownership in any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.
Gaffney Electric offers net metering choices to consumers. Net metering makes solar panel purchases more economically viable as it allows consumers to sell electricity into the grid.
Losing electricity from heat dissipation during electricity transmission and other causes is part of being in the electricity production business. Suppliers must report these losses. Gaffney Electric reported a yearly loss of approximately 4.08% of the electricity that they transmit. The state average for energy loss is 2.57% and the US average is 2.87%. This leaves Gaffney Electric with a ranking of 13th best out of 46 electricity suppliers in South Carolina and 646th best out of 3529 suppliers in the country.
Gaffney Electric Rate & Electric Bills
Gaffney Electric residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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Gaffney Electric Overview
- Company Type:Municipal
- Headquarters:210 East Frederick Street
Gaffney, South Carolina 29340
United States of America - Director/Superintendent:Donnie L. Hardin
Gaffney Electric Contact
- Website:www.gbpw.com
- Customer Service Phone:(864) 488-8800
- Contact Page:www.gbpw.com
Gaffney Electric Service
- Outage Map:gbpw.outagemap.coop
- States Served:
- South Carolina
- Counties Served:
- Cherokee County
- Major Cities Served:
Energy Loss
Gaffney Electric's energy loss due to business operations.
Total Energy Loss
13,754MWh
646 National Rank
Power Outages
Currently, 0 customers are being tracked in Gaffney Electric.
Customers Out:
0
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Gaffney Electric Coverage Map
Gaffney Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| South Carolina | 7,563 | 29,146,983.19 | 31 | 100% |
Gaffney Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Cherokee County | 56,204 | 5 | 13.73 | $146.20/mo |
Gaffney Electric Reviews
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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 12.07 cents per kilowatt hour (¢/kWh), compared to the average South Carolina bundled rate of 13.66 cents and the average United States rate of 15.76 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 $115.44, compared to the South Carolina average of $144.40 and the US of $144.40 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.
