Laurens Electric Cooperative

Laurens Electric Cooperative is an electricity cooperative serving 3 counties throughout the state of South Carolina including Greenville County, Spartanburg County, and Laurens County. There are a total of 60,308 customers served by the supplier. These accounts are made up of 0.07% industrial customers, 9.54% commercial locations and 90.39% residential customer accounts. On average, Laurens Electric Cooperative's residential electricity rate is 13.70 cents per kilowatt hour. This is, regrettably, 7.40% above the state's average rate of 12.76 cents, resulting in the company ranking 32nd best for average electricity price out of 46 companies in South Carolina. In 2020 they sold 1,066,052 megawatt hours by way of retail sales to end users. The electricity sourced by Laurens Electric Cooperative is made up of primarily wholesale purchased megawatt hours, with 1,115,884 procured by the company. Their revenue in 2020 from electricity activities was $135,928,000, with 99.48% coming from retail sales to end users.

About Laurens Electric Cooperative

The average residential electric bill for a consumer of Laurens Electric Cooperative is $147.15 per month, while the national average is $120.24. Customers of the company are stuck with a 22.38% markup compared to other citizens of the nation. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end users.

Laurens Electric Cooperative Net Metering

Laurens Electric Cooperative is one of 43 electric providers in South Carolina who offer net metering to their consumers. Net metering allows individuals to sell megawatt hours back to their electricity supplier, making the purchase of solar and other alternative electricity sources a cheaper endeavor.

Energy Loss

Laurens Electric Cooperative has energy loss of 4.33% of their generation during transmission. The state average for energy loss is 2.76% and the national average is 2.76%. This results in Laurens Electric Cooperative getting a ranking of 21st best out of 46 electricity companies in the state and 738th best out of 3510 providers in the United States.

Laurens Electric Cooperative Rate & Electric Bills

Laurens Electric Cooperative residential electric rates are highest in January and the highest average bill is in October.

Historical Electric Rates:

Price Per kWHAverage Bill$0.137/kWh$0.130/kWh$154.57/mo.$141.61/mo.
2374th13.70¢Laurens Electric Cooperative's Average residential price per kWh
2745th$147.15Average monthly electric bill for Laurens Electric Cooperative's residential customers

Laurens Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:2254 SC-14
    Laurens, South Carolina 29360
    United States of America

Laurens Electric Cooperative Contact

Laurens Electric Cooperative Service

Energy Loss

Laurens Electric Cooperative's energy loss due to business operations.

-4.33%Light BulbIcon representing Light Bulb.

Total Energy Loss

48,279MWh

738 National Rank

Laurens Electric Cooperative Coverage Map

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Laurens Electric Cooperative State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
South Carolina60,308135,223,00013100%

Laurens Electric Cooperative County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Greenville County523,542412.40$123.56/mo
Laurens County67,493513.73$134.37/mo
Spartanburg County319,785512.31$124.24/mo

Cities Laurens Electric Cooperative Has Coverage

  • Clinton, SC
  • Cross Hill, SC
  • Duncan, SC
  • Fountain Inn, SC
  • Gray Court, SC
  • Laurens, SC
  • Reidville, SC
  • Ware Shoals, SC
  • Waterloo, SC
  • Woodruff, SC

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

Laurens Electric Cooperative Reviews

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Laurens Electric Cooperative FAQ:

How many counties does Laurens Electric Cooperative offer service in?

There are 3 counties that receive at least some electricity coverage by Laurens Electric Cooperative including, South Carolina.

What is the average bill for Laurens Electric Cooperative customers each month?

Consumers of Laurens Electric Cooperative pay, on average, a monthly bill of $147.15.

What is the phone number for Laurens Electric Cooperative?

You can reach Laurens Electric Cooperative by phone via (800) 942-3141.

What is the average electricity rate for Laurens Electric Cooperative customers?

Customers of Laurens Electric Cooperative, on average, have an electricity rate 13.70 cents per kilowatt hour (¢/kWh).

What cities does Laurens Electric Cooperative have customers in to?

Laurens Electric Cooperative serves 10 cities.

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2021-08-25