Laurens Electric Cooperative

Electricity Rates, Plans & Statistics

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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 Electricity Rates:

Price Per kWhAverage Bill$0.137/kWh$0.130/kWh$154.57/mo.$141.61/mo.
2180th13.70¢Laurens Electric Cooperative's Average residential price per kWh
2544th$147.15Average monthly electricity bill for Laurens Electric Cooperative's residential customers

About Laurens Electric Cooperative

Laurens Electric Cooperative has their head offices in Laurens, South Carolina and supplies electricity in 7 cities within the state. Presently, 60,308 consumers receive their electricity from the supplier. These customers are a mix of 54,515 residential accounts, 5,753 commercial customers and 40 industrial customers. Laurens Electric Cooperative averages 13.70 cents per kilowatt hour charged to their patrons for residential electricity, which is 0.24% above the average national rate of 13.67 cents. In 2020 they sold 95.53% 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 2020 from electricity activities was $135,928,000, with $135,223,000 coming from retail sales to end users.

The state average monthly residential electricity bill is $139.01, while the Laurens Electric Cooperative average is 6.73% higher at $147.15 per month. Laurens Electric Cooperative is the 35th ranked company in the state for average monthly bill amount. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.

Laurens Electric Cooperative Net Metering

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.

Energy Loss

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 4.33% of the electricity that they produce. This percentage of electricity lost gives them a rank of 21st best out of 46 providers who report energy loss in South Carolina and 737th best out of 3510 in the US.

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

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Energy Loss

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

-4.33%

Total Energy Loss

48,279MWh

737 National Rank

Laurens Electric Cooperative Coverage Map

Coverage Map Placeholder

Laurens Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
South Carolina60,308135,223,00010100%

Laurens Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Greenville County525,534411.81$125.05/mo
Laurens County67,539412.12$129.09/mo
Newberry County37,719713.38$137.84/mo
Spartanburg County327,997511.97$127.67/mo
Union County27,244612.87$136.70/mo

Cities Laurens Electric Cooperative Has Coverage

  • Clinton, SC
  • Fountain Inn, SC
  • Gray Court, SC
  • Greer, 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.

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 13.70 cents per kilowatt hour (¢/kWh).

What 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 $147.15.

How many counties does Laurens Electric Cooperative have customers in in?

There are 5 counties that receive at least some electricity coverage by Laurens Electric Cooperative including South Carolina.

What cities does Laurens Electric Cooperative supply electricity to?

Laurens Electric Cooperative serves 7 cities in the US.

Last Reviewed By: King Manalo
Published: 2022-08-01