Tri-County Electric Cooperative: Rates and Coverage Area

Tri-County Electric Cooperative

Electricity Rates, Plans & Statistics

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About Tri-County Electric Cooperative

Tri-County Electric Cooperative is an electric cooperative. The largest county served by Tri-County Electric Cooperative is Richland County, but the company also provides electricity in 4 counties in South Carolina. At the time of the most recent government reports, the company listed a total of 18,355 electricity customers. This total is made up of 95.66% residential customer accounts, 2.87% commercial customer accounts and 1.47% industrial customers. On average, Tri-County Electric Cooperative bills their consumers a residential electricity price of 15.74 cents per kilowatt hour. Sadly, this is 15.19% higher than the state's average price of 13.66 cents. In 2022 they had retail sales of 309,535 megawatt hours. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 324,981 megawatt hours were purchased by way of the wholesale market. In 2022, they made a total of $48,512,100 from business activities relating to the sale and transfer of electricity. They had 94.43% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $132.69, while the Tri-County Electric Cooperative average is 34.39% higher at $178.33 per month. Tri-County Electric Cooperative is the 2711th ranked company in the United States for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.

Tri-County Electric Cooperative Net Metering

Tri-County Electric Cooperative, fortunately, allows consumers to participate in net metering. Net metering allows residents to sell megawatt hours back to the grid, making the purchase of solar panels and other alternative electricity sources more economically viable.

Energy Loss

Tri-County Electric Cooperative currently loses around 4.75% of the electricity that they produce via heat dissipation and other causes. The state average for energy loss is 2.57% and the United States average is 2.87%. This leaves Tri-County Electric Cooperative with a ranking of 19th best out of 46 electricity providers in the state and 815th best out of 3517 suppliers in the country.

Tri-County Electric Cooperative Rate & Electric Bills

Tri-County Electric Cooperative residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.153/kWh$178.67/mo.$168.28/mo.
2451st15.74¢Tri-County Electric Cooperative's Average residential price per kWh
2711th$178.33Average monthly electricity bill for Tri-County Electric Cooperative's residential customers

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Tri-County Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:6473 Old State Road Street
    Saint Matthews, South Carolina 29135
    United States of America
  • CEO:Chad T. Lowder

Tri-County Electric Cooperative Contact

Tri-County Electric Cooperative Service

Energy Loss

Tri-County Electric Cooperative's energy loss due to business operations.

-4.75%

Total Energy Loss

15,446MWh

815 National Rank

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Tri-County Electric Cooperative Coverage Map

Coverage Map Placeholder

Tri-County Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
South Carolina18,35545,807,60026100%

Tri-County Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Calhoun County14,198314.88$158.24/mo
Lexington County304,797414.33$151.56/mo
Orangeburg County83,094514.36$153.85/mo
Richland County421,566514.54$153.99/mo

Cities Tri-County Electric Cooperative Has Coverage

  • Santee, SC
  • Vance, SC

* City coverage generated based on government data. Always verify you can get service from the provider.

Tri-County Electric Cooperative Reviews

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Tri-County Electric Cooperative FAQ:

How much is the average bundled bill for Tri-County Electric Cooperative customers each month?

The average monthly bundled electric bill for customers of Tri-County Electric Cooperative is $178.33. The state average bundled bill is $138.03 and the nationwide average is $138.03.

How many counties does Tri-County Electric Cooperative have customers in in?

Tri-County Electric Cooperative sells electricity to customers in 4 counties.

What is the average bundled electricity rate for Tri-County Electric Cooperative customers?

Tri-County Electric Cooperative's current average bundled electricity rate is 15.74 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.66 cents and the average nationwide rate of 15.64 cents.

Who is the CEO of Tri-County Electric Cooperative?

Chad T. Lowder is the CEO of Tri-County Electric Cooperative.

What cities does Tri-County Electric Cooperative provider electricity in?

Tri-County Electric Cooperative has customers in 2 cities.

What is the phone number for Tri-County Electric Cooperative?

Tri-County Electric Cooperative's customer service phone number is (803) 874-1215

King Manalo
Last Reviewed By: King Manalo
Published: 2024-03-30