Lynches River Electric Cooperative

About Lynches River Electric Cooperative

Lynches River Electric Cooperative is headquartered in Pageland, South Carolina and provides electricity in 3 counties throughout the state. The company recently disclosed a total of 21,899 total customers, 0.05% of which are industrial properties, 5.27% are commercial customers and 94.68% are residential properties. On average, Lynches River Electric Cooperative's residential electricity rate is 15.62 cents per kilowatt hour. This is 0.86% less than the national average price of 15.76 cents. In 2022 Lynches River Electric Cooperative sold 96.39% of their total megawatt hours disposed to end users (known as retail sales). Of the megawatt hours they sourced, 498,981 megawatt hours were procured by way of the wholesale market. In 2022, the provider had revenue of $56,905,000 from retail electricity sales to end users. Their revenue from all electricity activities was $58,580,000.

Consumers of the supplier pay an average monthly residential electricity bill of $161.14. This is 19.06% above the US average of $135.34. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers to then be resold to their end users. Customers of the provider deal with 1.6 electrical outages on average per year, with outages lasting an average of 166.8 minutes. The national averages for outages and duration are 1.45 outages at 171.11 minutes each.