Palmetto Electric Co-op electricity rates
Electric cooperative · South Carolina · SERC region
Palmetto Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 69,848 homes in South Carolina. Its residential customers pay an average of 15.19¢/kWh including fixed and delivery charges, 16% less than the U.S. average.
Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.
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Palmetto Electric Co-op bill estimates
| Monthly use | At average all-in rate | Base tariff charges* |
|---|---|---|
| 500 kWh | $75.95 | $67.70 |
| 1,000 kWh | $151.90 | $119.40 |
| 1,500 kWh | $227.85 | $171.10 |
| 2,000 kWh | $303.80 | $222.80 |
*Residential (effective 2012-10-01, $16.00/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.
Palmetto Electric Co-op residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Residential | 2012-10-01 | $16.00 | 10.34¢ |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Palmetto Electric Co-op rate history
2015–2025: +23% change in the average residential rate (11.75¢ → 14.39¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Palmetto Electric Co-op | South Carolina avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 51 | 151 | 266 |
| Outages per customer (SAIFI) | 0.76 | 1.16 | 1.34 |
| Average restoration time (CAIDI) | 66 min | — | — |
| Outage minutes excluding major storms | 38 | 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 Palmetto Electric Co-op's counties, customers averaged 108 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Allendale | 333 | 34 | 2,006 | 2025-05-12 |
| Hampton | 182 | 41 | 1,766 | 2025-09-03 |
| Jasper | 170 | 59 | 3,660 | 2025-07-22 |
| Beaufort | 86 | 39 | 7,607 | 2025-02-26 |
Palmetto Electric Co-op service area
Palmetto Electric Co-op serves 4 counties in South Carolina and 27 ZIP codes.
Allendale, Beaufort, Hampton, Jasper
Cities: Hilton Head Island, Hilton Head, Bluffton, Beaufort, Laurel Bay, Hardeeville, Ridgeland, Hampton, Varnville, Estill, Fairfax
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Customers with daily usage data online | 69,848 |
| Time-based rate programs | Time-of-use rates |
| Homes on time-based rates | 1 |
| Net-metered solar homes | 358 |
| Home batteries paired with solar | 58 |
| Homes in demand response (e.g. thermostat rebates) | 40,874 |
Palmetto Electric Co-op at a glance
| Ownership | Electric cooperative |
| Services | Distribution |
| Commercial rate | 14.18¢/kWh |
| Industrial rate | 10.69¢/kWh |
| Retail revenue (2025) | $219,569,000 |
| Electricity sold (2025) | 1,579,368 MWh |
| Peak demand | 387 MW summer · 456 MW winter |
| Line losses | 3.2% |
| Balancing authority | SC |
| EIA utility ID | 14398 |
| Website | www.palmetto.coop |
Other utilities in South Carolina
Frequently asked questions
What is Palmetto Electric Co-op's electricity rate?
Palmetto Electric Co-op residential customers pay an average of 15.19¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 3% below the South Carolina average of 15.64¢ and 16% below the U.S. average.
What is the average Palmetto Electric Co-op electric bill?
About $184 a month. The average Palmetto Electric Co-op home uses 1,210 kWh a month. At 1,000 kWh the bill would be about $152.
How many customers does Palmetto Electric Co-op have?
Palmetto Electric Co-op serves 69,848 residential customers and 81,863 customers in total in South Carolina, across 4 counties.
How reliable is Palmetto Electric Co-op?
In 2025, the average Palmetto Electric Co-op customer was without power for 51 min (SAIDI) over 0.76 interruptions (SAIFI), including major storms. Excluding major event days it was 38 min. The South Carolina average was 2 hr 31 min and the U.S. average 4 hr 26 min.
Does Palmetto Electric Co-op offer time-of-use rates?
Palmetto Electric Co-op reports offering time-of-use rates to residential customers. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does Palmetto Electric Co-op offer net metering for solar?
Palmetto Electric Co-op had 358 residential net-metered customers in 2025 with 2.7 MW of capacity and 58 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 Palmetto Electric Co-op before making decisions.