[ Laurens Electric Coop / SC ]
Laurens Electric Coop electricity rates in South Carolina
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at Laurens Electric Coop's average effective residential rate (15.62¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 12.73¢ | — | 50,115 |
| 2016 | 12.77¢ | +0.3% | 50,850 |
| 2017 | 13.00¢ | +1.8% | 51,592 |
| 2018 | 13.25¢ | +1.9% | 52,455 |
| 2019 | 13.32¢ | +0.5% | 53,225 |
| 2020 | 13.70¢ | +2.9% | 54,515 |
| 2021 | 13.31¢ | −2.9% | 55,327 |
| 2022 | 13.85¢ | +4.1% | 56,048 |
| 2023 | 14.26¢ | +3.0% | 57,401 |
| 2024 | 14.66¢ | +2.8% | 58,438 |
| 2025 | 15.62¢ | +6.5% | 59,786 |
How this compares
Serves 7 counties in South Carolina: Abbeville, Anderson, Greenville, Laurens, Newberry, Spartanburg, Union. 28 ZIP codes.
What the numbers show
Since 2015, Laurens Electric Coop's average residential rate has gone from 12.73¢ to 15.62¢ per kWh: +22.7% over 10 years, or about +2.1% a year. It rose in 9 of the 10 years we can compare, and the biggest one-year increase was +6.5% in 2025. The largest drop was −2.9% in 2021.
For a home using 1,066 kWh a month, the South Carolina average, Laurens Electric Coop's 2025 rate works out to about $1,998 a year, $64 more than at South Carolina's average rate of 15.12¢. Of the 29 South Carolina utilities in our data with a 2025 price, it is the 13th most expensive.
Laurens Electric Coop served 50,115 homes in 2015 and 59,786 in 2025 (+19.3%), about 2% of South Carolina's residential electricity customers.
Who sets Laurens Electric Coop's rates
Laurens Electric Coop is a member-owned electric cooperative. A board elected by its members sets its rates. In some states the Public Service Commission of South Carolina also reviews co-op rates, but most co-op rate changes do not go through a commission rate case, so watch the co-op's own member notices and board meetings.
Commission contact: Public Service Commission of South Carolina. How we calculate every figure on this page: methodology.
Questions
Is Laurens Electric Coop raising rates in 2026?
Laurens Electric Coop's rates are set by its member-elected board, not through a rate case at the Public Service Commission of South Carolina, so check its own notices for a change this year. Its average residential rate moved +6.5% from 2024 to 2025.
What does Laurens Electric Coop charge per kWh?
Laurens Electric Coop's average effective residential rate was 15.62¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). South Carolina's 2025 average was 15.12¢.
How much have Laurens Electric Coop rates gone up in five years?
+14.0% between 2020 and 2025, against +22.8% for South Carolina as a whole over the latest five-year window.
How many customers does Laurens Electric Coop have in South Carolina?
59,786 residential customers in 2025, across 7 counties including Abbeville, Anderson, Greenville, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
