Horry Electric Cooperative
Electricity Rates, Plans & Statistics
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About Horry Electric Cooperative
Horry Electric Cooperative is an electric cooperative headquartered in Conway, South Carolina and serving customers in South Carolina. The supplier has 12 industrial customers, 78,610 residential accounts and 11,853 commercial customers in their service area. Horry Electric Cooperative has an average residential electricity rate of 12.97 cents per kilowatt hour, which is 5.10% less than the average South Carolina price of 13.66 cents and 17.06% less than the nationwide average of 15.64. In 2022 the company sold 1,333,222 megawatt hours via retail sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 1,384,661 megawatt hours procured by the company. Their revenue for 2022 from electricity related activities was $180,546,000, with 95.67% coming from retail sales to end users.
The average residential electric bill for a customer of Horry Electric Cooperative is $147.15 per month, while the national average is $132.69. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end users.
Horry Electric Cooperative offers net metering options to their customers. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell unused energy back into the infrastructure system.
Horry Electric Cooperative has energy loss of 3.59% of their total generation during transmission. The state average for energy loss is 2.57% and the nationwide average is 2.87%. This results in Horry Electric Cooperative receiving a ranking of 10th best out of 46 providers in the state and 515th best out of 3517 providers in the nation.
Horry Electric Cooperative Rate & Electric Bills
Horry Electric Cooperative residential electric rates are highest in January and the highest average bill is in January.
Historical Electricity Rates:
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Horry Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:2774 Cultra Road
Conway, South Carolina 29526
United States of America - CEO:Daniel B. Shelley, III
Horry Electric Cooperative Contact
- Website:www.horryelectric.com
- Customer Service Phone:(843) 369-2211
- Contact Page:www.horryelectric.com
- Social Media:
Horry Electric Cooperative Service
- Outage Map:outages.horryelectric.com:8080
- Outage Phone:(843) 369-2212
- States Served:
- South Carolina
- Counties Served:
- Horry County
- Major Cities Served:
- Myrtle Beach
- Socastee CDP
- Carolina Forest CDP
- Conway
- North Myrtle Beach
- Red Hill CDP
- Little River CDP
- Forestbrook CDP
- Loris
- Aynor
- Table Of Contents:
Energy Loss
Horry Electric Cooperative's energy loss due to business operations.
Total Energy Loss
49,751MWh
515 National Rank
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Horry Electric Cooperative Coverage Map
Horry Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| South Carolina | 90,475 | 172,732,000 | 8 | 100% |
Horry Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Horry County | 383,101 | 3 | 13.00 | $139.64/mo |
Cities Horry Electric Cooperative Has Coverage
- Aynor, SC
- Conway, SC
- Loris, SC
- Myrtle Beach, SC
- North Myrtle Beach, SC
* City coverage generated based on government data. Always verify you can get service from the provider.
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Horry Electric Cooperative FAQ:
What cities does Horry Electric Cooperative have customers in to?
Horry Electric Cooperative has customers in 5 cities.
What is the average bundled bill for Horry Electric Cooperative customers each month?
Currently, the average monthly bundled electric bill for customers of Horry Electric Cooperative is $147.15. The South Carolina average bundled bill is $138.03 and the nationwide average is $138.03.
Who is the CEO of Horry Electric Cooperative?
Daniel B. Shelley, III is the current CEO of Horry Electric Cooperative.
What is the phone number for Horry Electric Cooperative?
Horry Electric Cooperative's customer service phone number is (843) 369-2211
What is the average bundled electricity rate for Horry Electric Cooperative customers?
Consumers of Horry Electric Cooperative, on average, have an electricity bundled rate 12.97 cents per kilowatt hour (¢/kWh).
