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ElectricityRatePerKWh

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

Cooperative|EIA utility 13524|South Carolina|Bundled

In 2024, Newberry Electric Coop, Inc's residential customers paid an average of 16.32 cents per kWh: $25 million of revenue over 155,329 MWh of sales across 12,970 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
16.32¢
per kWh, bundled
vs SC avg 2024
+14.7%
state 14.23c
Bundled res. customers
12,970
13,737 all sectors
Rank in SC by res. accounts
#25 of 29
0.5% of state residential MWh

How the 16.32c figure is calculated

16.32c/kWh = $25,345k revenue / 155,329 MWh x 100. This is EIA's average realised price for 2024: everything Newberry Electric Coop, Inc billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $163 before taxes.

About Newberry Electric Coop, Inc's 2024 electricity prices

Newberry Electric Coop, Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 13524. In 2024 it served 12,970 bundled residential customers in South Carolina, and its average realised residential price was 16.32 cents per kWh: $25 million of residential revenue divided by 155,329 MWh of residential sales.

Across the other sectors, Newberry Electric Coop, Inc's 2024 average prices were 7.04 cents for commercial customers (741 accounts) and 8.54 cents for industrial customers (26 accounts). Industrial customers paid 7.78 cents less per kWh than households, a 48% discount that is typical of high-volume, high-voltage service.

Within South Carolina, Newberry Electric Coop, Inc ranked number 25 of 29 utilities with bundled or delivery service by residential accounts served (12,970) and accounted for 0.48% 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 Newberry Electric Coop, Inc's customers paid 2.09 cents above the South Carolina average (+14.7%). 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 Newberry Electric Coop, Inc in 4 South Carolina counties: Fairfield, Laurens, Lexington, and Newberry. On the grid side it operates in the SERC NERC region, and reported distribution as its activities. Balancing authority code: SC.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 17.06 cents per kWh for Newberry Electric Coop, Inc in South Carolina across 13,215 residential customers, 0.74 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 Mid-Carolina Electric Coop Inc (22 miles away, 14.88 cents), Fairfield Electric Coop, Inc (32.7 miles away, 14.35 cents), Aiken Electric Coop Inc (36.5 miles away, 15.53 cents), Greenwood CPW (36.6 miles away, 9.04 cents), and Laurens Electric Coop, Inc (40.2 miles away, 14.66 cents).

2024 sales by sector in South Carolina (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential12,970155,32925,34516.32
Commercial741142,96810,0597.04
Industrial26175,30114,9728.54

Counties served in South Carolina (4)

FairfieldLaurensLexingtonNewberry

From the EIA-861 Service Territory file; a listed county can be served in part only.

2025 early release (preliminary, not validated by EIA)

Residential price in South Carolina: 17.06c/kWh (+0.74c vs 2024 final), 13,215 residential customers; commercial 10.11c; industrial 10.16c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.

Nearby and comparable utilities in South Carolina

Mid-Carolina Electric Coop IncCooperative, 22 mi between territory centroids
56,463 res. accounts 14.88c
Fairfield Electric Coop, IncCooperative, 32.7 mi between territory centroids
32,397 res. accounts 14.35c
Aiken Electric Coop IncCooperative, 36.5 mi between territory centroids
49,460 res. accounts 15.53c
Greenwood CPWMunicipal, 36.6 mi between territory centroids
11,753 res. accounts 9.04c
Laurens Electric Coop, IncCooperative, 40.2 mi between territory centroids
58,438 res. accounts 14.66c
EIA-861 facts, 2024
EIA utility number
13524
Ownership type
Cooperative
Data year
2024 final (EIA-861)
Primary state
South Carolina
Service type
Bundled (Part A)
Bundled residential customers (SC, price basis)
12,970
Residential accounts served (SC)
12,970
All accounts, all sectors (SC)
13,737
Residential price, 2024
16.32 c/kWh
Commercial price, 2024
7.04 c/kWh
Industrial price, 2024
8.54 c/kWh
Residential sales
155,329 MWh
Residential revenue
$25 million
Rank in South Carolina by residential accounts served
25 of 29
Share of South Carolina residential sales (MWh, not customers)
0.48%
South Carolina average, 2024
14.23 c/kWh
Counties served (SC)
4
NERC region
SERC
Balancing authority
SC
Reported activities
Distribution
2025 early release (preliminary)
17.06 c/kWh
Change vs 2024 final
+0.74 c/kWh
Registry status
Reported on Form EIA-861 for 2024
South Carolina today
Residential (June 2026)15.55c
Commercial11.62c
Industrial7.55c
South Carolina electricity rate page ->All utilities in South Carolina ->
Energy cost at 16.32c
500 kWh$81.60
750 kWh$122.40
1,000 kWh$163.20
1,500 kWh$244.80

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].