Laurens Electric Cooperative
Electricity Rates, Plans & Statistics
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About Laurens Electric Cooperative
Laurens Electric Cooperative has their head offices in Laurens, South Carolina and supplies electricity in 6 cities within the state. Presently, 61,808 consumers receive their electricity from the supplier. These customers are a mix of 56,026 residential accounts, 5,730 commercial customers and 52 industrial customers. Laurens Electric Cooperative averages 14.44 cents per kilowatt hour charged to their patrons for residential electricity, which is 8.35% below the average national rate of 15.76 cents. In 2022 they sold 94.46% of their megawatt hours by way of normal retail sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they procured on wholesale channels. This category makes up 100.00% of all electricity sourced. Their revenue for 2022 from electricity activities was $147,432,000, with $143,968,000 coming from retail sales to end users.
The state average monthly residential electricity bill is $141.05, while the Laurens Electric Cooperative average is 7.22% higher at $150.82 per month. Laurens Electric Cooperative is the 34th ranked company in the state for average monthly bill amount. The grid operated by the company has 1.07 outages per consumer per year, with outages lasting roughly 96.29 minutes. The US average for other companies is 1.45 outages per customer and 171.11 minutes each outage. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.
Laurens Electric Cooperative offers net metering choices to consumers. This is a positive for any consumer potentially purchasing personal solar panels, as net metering allows them to sell their unused megawatt hours into the grid.
Losing energy due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity production business. Electricity providers are required to report these losses to government agencies who track electricity infrastructure efficiencies. Laurens Electric Cooperative reported a yearly loss of roughly 5.40% of the electricity that they produce. This percentage of electricity lost gives them a rank of 24th best out of 46 providers who report energy loss in South Carolina and 977th best out of 3526 in the US.
Laurens Electric Cooperative Rate & Electric Bills
Laurens Electric Cooperative residential electric rates are highest in September and the highest average bill is in January.
Historical Electricity Rates:
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Laurens Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:2254 Highway 14
Laurens, South Carolina 29360
United States of America - CEO:Charles Adair
Laurens Electric Cooperative Contact
- Website:www.laurenselectric.com
- Customer Service Phone:(800) 942-3141
- Contact Page:www.laurenselectric.com
- Social Media:
Laurens Electric Cooperative Service
- Rates & Plans:www.laurenselectric.com
- Outage Map:lec.maps.sienatech.com
- Outage Phone:(800) 942-3141
- States Served:
- South Carolina
- Counties Served:
- Greenville County
- Spartanburg County
- Laurens County
- Newberry County
- Union County
- Major Cities Served:
- Mauldin
- Five Forks CDP
- Fountain Inn
- Clinton
- Woodruff
- Joanna CDP
- Gray Court
- Enoree CDP
- Glenn Springs CDP
- Waterloo
Energy Loss
Laurens Electric Cooperative's energy loss due to business operations.
Total Energy Loss
63,158MWh
977 National Rank
Grid Reliability
Length & Frequency of Laurens Electric Cooperative's Power Outages
96.29 min.
vs. national average of 171.11 min.
1.07 outages/yr
vs. national average of 1.45
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Laurens Electric Cooperative Coverage Map
Laurens Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| South Carolina | 61,808 | 143,702,725.81 | 10 | 100% |
Laurens Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Greenville County | 547,950 | 4 | 13.46 | $137.72/mo |
| Laurens County | 67,965 | 4 | 13.47 | $139.03/mo |
| Newberry County | 37,842 | 7 | 14.24 | $142.74/mo |
| Spartanburg County | 345,831 | 4 | 13.33 | $137.93/mo |
| Union County | 27,306 | 6 | 13.95 | $145.54/mo |
Cities Laurens Electric Cooperative Has Coverage
- Clinton, SC
- Fountain Inn, SC
- Gray Court, SC
- Mauldin, SC
- Waterloo, SC
- Woodruff, SC
* City coverage generated based on government data. Always verify you can get service from the provider.
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Laurens Electric Cooperative FAQ:
Who is the CEO of Laurens Electric Cooperative?
The CEO of Laurens Electric Cooperative is Charles Adair.
What is the phone number for Laurens Electric Cooperative?
The Laurens Electric Cooperative phone number is (800) 942-3141.
When will Laurens Electric Cooperative power be restored?
Average outage times for Laurens Electric Cooperative are approximately 96.29 minutes per outage.
What cities does Laurens Electric Cooperative provider electricity to?
Laurens Electric Cooperative has customers in 6 cities throughout the country.
What is the average bundled electricity rate for Laurens Electric Cooperative customers?
The average bundled rate of electricity for consumers of Laurens Electric Cooperative is 14.44 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for Laurens Electric Cooperative customers each month?
Customers of Laurens Electric Cooperative pay, on average, a monthly bundled bill of $150.82.
How many counties does Laurens Electric Cooperative provider electricity to?
Laurens Electric Cooperative provides electricity to customers in 5 counties in the nation including South Carolina.
