Newberry Electric Cooperative
Electricity Rates, Plans & Statistics
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About Newberry Electric Cooperative
Newberry Electric Cooperative serves electricity to 2 counties in South Carolina including counties like Newberry County and Fairfield County. The entity is an electric cooperative. At the time of the most recent government reports, the provider had a total of 13,523 electricity customers signed on for their services. This total is made up of 94.41% residential customer accounts, 5.41% commercial customer accounts and 0.18% industrial customers. On average, Newberry Electric Cooperative charges their customers a residential electricity price of 15.08 cents per kilowatt hour. This is 3.55% below the nationwide average price of 15.64 cents. The company sold 369,452 megawatt hours through retail sales in 2022. The electricity sourced by Newberry Electric Cooperative is made up primarily of megawatt hours they acquired via wholesale channels. This category makes up 100.00% of all electricity sourced. The revenue for the company for 2022 from electricity sales was $43,504,000, with 97.54% coming from retail sales to end users.
Consumers of the company pay an average monthly residential electric bill of $150.57. This is 9.45% more than the South Carolina average bill of $138.03. Electricity production is not part of the Newberry Electric Cooperative business plan, as they purchase electricity at wholesale rates and then resell to their consumers.
Consumers of Newberry Electric Cooperative are able to take advantage of net metering solutions, which is a positive for both parties. This makes it easier for people to install solar and other electricity options as they have the ability to sell extra kilowatt hours back to their electricity provider.
Newberry Electric Cooperative loses electricity at a rate of 6.80% of their generation due to heat dissipation and other causes. The state of South Carolina has an energy loss average of 2.57% and the national average is 2.87%, giving Newberry Electric Cooperative a rank of 29th best out of 46 providers who report energy loss in the state.
Newberry Electric Cooperative Rate & Electric Bills
Newberry Electric Cooperative residential electric rates are highest in January and the highest average bill is in November.
Historical Electricity Rates:
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Newberry Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:882 Wilson Road
Newberry, South Carolina 29108
United States of America - CEO:G. Keith Avery
Newberry Electric Cooperative Contact
- Website:www.nec.coop
- Customer Service Phone:(803) 276-1121
- Contact Page:www.nec.coop
- Social Media:
Newberry Electric Cooperative Service
- Outage Map:outages.ecsc.org
- Outage Phone:(803) 276-1121
- States Served:
- South Carolina
- Counties Served:
- Newberry County
- Fairfield County
- Major Cities Served:
- Newberry
- Prosperity
- Helena CDP
- Silverstreet
- Table Of Contents:
Energy Loss
Newberry Electric Cooperative's energy loss due to business operations.
Total Energy Loss
27,013MWh
1227 National Rank
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Newberry Electric Cooperative Coverage Map
Newberry Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| South Carolina | 13,523 | 42,435,000 | 27 | 100% |
Newberry Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Fairfield County | 21,186 | 5 | 14.00 | $147.34/mo |
| Newberry County | 37,842 | 7 | 13.91 | $141.68/mo |
Cities Newberry Electric Cooperative Has Coverage
- Newberry, SC
- Prosperity, SC
- Silverstreet, SC
* City coverage generated based on government data. Always verify you can get service from the provider.
Newberry Electric Cooperative Reviews
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Newberry Electric Cooperative FAQ:
Who is the CEO of Newberry Electric Cooperative?
The current CEO of Newberry Electric Cooperative is G. Keith Avery.
What cities does Newberry Electric Cooperative offer service in?
Newberry Electric Cooperative serves electricity to 3 cities.
How much is the average bundled bill for Newberry Electric Cooperative customers each month?
Consumers of Newberry Electric Cooperative pay, on average, a monthly bundled bill of $150.57.
What is the phone number for Newberry Electric Cooperative?
Newberry Electric Cooperative's customer service phone number is (803) 276-1121
When will Newberry Electric Cooperative power be restored?
Newberry Electric Cooperative's outages last, on average, about 152.7 minutes per outage.
How many counties does Newberry Electric Cooperative have customers in in?
There are 2 counties that receive at least some electricity coverage by Newberry Electric Cooperative including South Carolina.
What is the average bundled electricity rate for Newberry Electric Cooperative customers?
Newberry Electric Cooperative's current average bundled electricity rate is 15.08 cents per kilowatt hour (¢/kWh), compared to the average South Carolina bundled rate of 13.66 cents and the average US rate of 15.64 cents.
