Electric Bill Tracker

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Palmetto Electric Coop electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Cooperative utility serving 68,338 homes in South Carolina.

Your rate

12.79¢per kWh, average residential rate 22% lower than the U.S. average (16.4¢)
$154average monthly bill$1,847 a year
1,203kWh used per month, average home
+9%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 1,203 kWh, the average for Palmetto Electric Coop homes.

kWh
$154 a month
$12 fixed charge + 11.8¢ × 1,203 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for Palmetto Electric Coop right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Palmetto Electric Coop's average rate is up 9% since 2020, versus +28% for the U.S. average.

11.7¢ 2020 11.4¢ 2021 11.9¢ 2022 12.3¢ 2023 12.8¢ 2024 U.S. avg

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for Palmetto Electric Coop yet. Check South Carolina programs or read what's left after the federal credits ended.

About Palmetto Electric Coop

Ownership
Cooperative
Homes served
68,338 residential customers (2024)
Grid operator
SC
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

Other utilities in South Carolina

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