Santee Cooper

About Santee Cooper

Santee Cooper is a state owned organization. The largest county serviced by Santee Cooper is Horry County, but the company also operates in in 3 counties in the state. On recent government reports, the provider listed a total of 212,725 electricity customers. This total is made up of 85.47% residential customer accounts, 14.51% commercial customer accounts and 0.01% industrial accounts. Santee Cooper bills their consumers a residential electricity rate of 11.17 cents per kilowatt hour on average, which is 19.47% below the average state price of 13.87 cents and 29.06% less than the nationwide average of 15.74. About 16,288,947 megawatt hours were sold to other suppliers through the wholesale market in 2022. The electricity sourced consisted of megawatt hours generated by the company and supplementary megawatt hours purchased via the wholesale market. The company had $1,941,573,500 in 2022. Exactly $1,131,579,000 of that revenue came from electricity sales on the wholesale market and $792,183,300 came from sales to residential energy users.

Customers of the provider have an average residential electric bill of $105.94. This is 28.96% below the state average of $145.49. The supplier is the 68th largest generator of hydroelectric power in the United States out of 3526 suppliers, with total production reaching 259,390 megawatt hours. Consumers of the supplier have 0.46 electrical outages on average per year, with outages lasting around 23.7 minutes on average. The national averages for these data points are 1.45 outages at 171.11 minutes each. Production by the company from natural gas totals 4,438,524 megawatt hours, which is around 22.75% of their total generation.