Laurens Electric Coop, Inc Electricity Rate per kWh (2024 EIA Data)

Laurens Electric Coop, Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 10768. In 2024 it served 58,438 bundled residential customers in South Carolina, and its average realised residential price was 14.66 cents per kWh: $109 million of residential revenue divided by 746,888 MWh of residential sales.

Across the other sectors, Laurens Electric Coop, Inc's 2024 average prices were 13.88 cents for commercial customers (6,169 accounts) and 8.99 cents for industrial customers (58 accounts). Industrial customers paid 5.67 cents less per kWh than households, a 39% discount that is typical of high-volume, high-voltage service.

Within South Carolina, Laurens Electric Coop, Inc ranked number 10 of 29 utilities with bundled or delivery service by residential accounts served (58,438) and accounted for 2.29% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.23 cents per kWh, so Laurens Electric Coop, Inc's customers paid 0.43 cents above the South Carolina average (+3.0%). For context, EIA's latest monthly figure for South Carolina is 15.55 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Laurens Electric Coop, Inc in 7 South Carolina counties: Abbeville, Anderson, Greenville, Laurens, Newberry, Spartanburg, and Union. On the grid side it operates in the SERC NERC region, and reported distribution as its activities. Balancing authority code: DUK.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 15.62 cents per kWh for Laurens Electric Coop, Inc in South Carolina across 59,786 residential customers, 0.96 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in South Carolina by service-territory centroid are Greer Commission of Public Wks (23.7 miles away, 11.80 cents), Greenwood CPW (29.2 miles away, 9.04 cents), Blue Ridge Electric Coop Inc (SC) (30.2 miles away, 18.94 cents), Broad River Electric Coop, Inc (36.3 miles away, 15.91 cents), and Lockhart Power Co (38.8 miles away, 13.42 cents).