Horry Electric Co-op electricity rates
Electric cooperative · South Carolina · SERC region
Horry Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 91,545 homes in South Carolina. Its residential customers pay an average of 14.46¢/kWh including fixed and delivery charges, 20% less than the U.S. average.
Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.
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Horry Electric Co-op bill estimates
| Monthly use | At average all-in rate | Base tariff charges* |
|---|---|---|
| 500 kWh | $72.30 | $63.42 |
| 1,000 kWh | $144.60 | $97.92 |
| 1,500 kWh | $216.90 | $132.42 |
| 2,000 kWh | $289.20 | $166.92 |
*Residential Rate - Single Phase (effective 2024-07-01, $28.92/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.
Horry Electric Co-op residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Residential Rate - Single Phase | 2024-07-01 | $28.92 | 6.90¢ |
| Net Metering - Residentialtime-of-use | 2013-10-01 | $62.00 | 4.9¢ (12am–1pm, 10pm–12am) · 6.9¢ (1pm–10pm) — summer weekdays |
| 3 Phase Residential Ratetime-of-use | 2013-10-01 | $27.00 | 12.5¢ (12am–12am) — summer weekdays |
| Residential Pre-Paytime-of-use | 2013-10-01 | $17.00 | 12.5¢ (12am–12am) — summer weekdays |
| Residential Demand - Multi-Phase | 2013-10-01 | $62.00 | 4.90¢ |
| Residential Demand - Single Phase | 2013-10-01 | $32.00 | 4.90¢ |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Horry Electric Co-op rate history
2015–2025: +3% change in the average residential rate (13.44¢ → 13.83¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Horry Electric Co-op | South Carolina avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 110 | 151 | 266 |
| Outages per customer (SAIFI) | 1.28 | 1.16 | 1.34 |
| Average restoration time (CAIDI) | 86 min | — | — |
| Outage minutes excluding major storms | 101 | 102 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Horry Electric Co-op's counties, customers averaged 94 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Horry | 94 | 50 | 30,016 | 2025-02-20 |
Horry Electric Co-op service area
Horry Electric Co-op serves Horry County in South Carolina and 23 ZIP codes.
Horry
Cities: Myrtle Beach, Conway, Socastee, North Myrtle Beach, Red Hill, Garden City, Georgetown, Little River, Murrells Inlet, Marion, Forestbrook, Mullins, Surfside Beach, Loris
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Customers with daily usage data online | 91,545 |
| Time-based rate programs | None reported |
| Net-metered solar homes | 956 |
| Home batteries paired with solar | 136 |
Horry Electric Co-op at a glance
| Ownership | Electric cooperative |
| Services | Distribution |
| Commercial rate | 14.79¢/kWh |
| Industrial rate | 11.51¢/kWh |
| Retail revenue (2025) | $200,557,000 |
| Electricity sold (2025) | 1,447,201 MWh |
| Peak demand | 377 MW summer · 454 MW winter |
| Line losses | 4.8% |
| Balancing authority | SC |
| EIA utility ID | 8786 |
Other utilities in South Carolina
Frequently asked questions
What is Horry Electric Co-op's electricity rate?
Horry Electric Co-op residential customers pay an average of 14.46¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 8% below the South Carolina average of 15.64¢ and 20% below the U.S. average.
What is the average Horry Electric Co-op electric bill?
About $155 a month. The average Horry Electric Co-op home uses 1,072 kWh a month. At 1,000 kWh the bill would be about $145.
How many customers does Horry Electric Co-op have?
Horry Electric Co-op serves 91,545 residential customers and 103,949 customers in total in South Carolina, across 1 county.
How reliable is Horry Electric Co-op?
In 2025, the average Horry Electric Co-op customer was without power for 110 min (SAIDI) over 1.28 interruptions (SAIFI), including major storms. Excluding major event days it was 101 min. The South Carolina average was 2 hr 31 min and the U.S. average 4 hr 26 min.
Does Horry Electric Co-op offer time-of-use rates?
Yes. The OpenEI rate database lists 3 time-of-use residential plans, including Net Metering - Residential. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does Horry Electric Co-op offer net metering for solar?
Horry Electric Co-op had 956 residential net-metered customers in 2025 with 7.0 MW of capacity and 136 solar-paired batteries. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Horry Electric Co-op before making decisions.