Electricity rates — Horry Electric Coop Inc
A household served by Horry Electric Coop Inc using 1,000 kWh a month pays about $1,372.20 a year on the cheapest of 1 generally available plan — Residential Rate - Single Phase from Horry Electric Coop Inc, in effect since July 2024. Rates checked September 23, 2026. A further 1 restricted and 4 older schedules are priced further down but not ranked.
Every priced plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| Residential Demand - Single Phasedemand charge · in effect since October 2013 · older schedule, not ranked | $1,181.79 | −$190.41 | 9.8¢ |
| Residential Rate - Single Phase✓ cheapestdemand charge · in effect since July 2024 | $1,372.20 | — | 11.4¢ |
| Net Metering - Residentialtime-of-use · demand charge · in effect since October 2013 · needs on-site generation | $1,381.17 | +$8.97 | 11.5¢ |
| Residential Pre-Paypriced by season · tiered · in effect since October 2013 · older schedule, not ranked | $1,540.80 | +$168.60 | 12.8¢ |
| Residential Demand - Multi-Phasedemand charge · in effect since October 2013 · older schedule, not ranked | $1,541.79 | +$169.59 | 12.8¢ |
| 3 Phase Residential Ratepriced by season · tiered · in effect since October 2013 · older schedule, not ranked | $1,660.80 | +$288.60 | 13.8¢ |
Cost across usage levels
The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.
- 500 kWh/mo — cheapest $859.42 (Residential Rate - Single Phase), dearest $859.42
- 1,000 kWh/mo — cheapest $1,372.20 (Residential Rate - Single Phase), dearest $1,372.20
- 2,000 kWh/mo — cheapest $2,397.60 (Residential Rate - Single Phase), dearest $2,397.60
What a typical bill costs
At 1,000 kWh a month one plan here is open to any household — Residential Rate - Single Phase, at $1,372.20 a year. There is no cheaper option to move to, only the restricted schedules priced below.
Effective rates, bill divided by kilowatt-hours, come to 11.4¢ per kWh at that usage.
What Horry Electric Coop Inc's customers were billed in 2024
At 1,060 kWh a month, Horry Electric Coop Inc's median open plan comes to 11.3¢ per kWh, 15% below the 13.2¢ its customers were billed in 2024, riders included. Rates set since 2024 account for some of that.
| Ownership, as EIA classes it | Cooperative |
|---|---|
| Full-service homes in South Carolina | 86,726 |
| Share of South Carolina's households | 3% |
| Average use per home | 1,060 kWh a month |
| Average bill per home | $140.32 a month |
| Billed per kWh, riders included | 13.2¢ |
| Median open plan here, at that use | 11.3¢ |
Horry Electric Coop Inc in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How it compares
Among the 109 utilities indexed, Horry Electric Coop Inc's cheapest open plan is the 25th-lowest, 17% less than their median of $1,649.16. It sits between Southwestern Electric Power Co (Louisiana) ($1,357.62) and Southwestern Public Service Co ($1,379.60).
No other utility indexed in South Carolina has a cheaper open plan; the other 5 all start higher.
Its fixed charge, $28.90 a month on Residential Rate - Single Phase, is higher than on the cheapest plan of 99 of the other 108 utilities.
None of Horry Electric Coop Inc's plans open to any household has a tiered step or a seasonal price in this data: a kWh costs the same however much is used and whatever the month.
In the guides: What a bill costs before a single kilowatt-hour
How the answer changes with usage
Residential Rate - Single Phase is cheapest at every level tested — $859.42 a year at 500 kWh a month, $2,397.60 at 2,000 kWh.
Cheapest 6 plans at 1,000 kWh a month
Residential Demand - Single Phase — $1,181.79 a year, 9.8¢ per kWh effective, demand-charged. It carries a $32.00 monthly standing charge. In effect since October 2013. Too old to quote as a current price.
Residential Rate - Single Phase — $1,372.20 a year, 11.4¢ per kWh effective, demand-charged. It carries a $0.95 daily standing charge. In effect since July 2024.
Net Metering - Residential — $1,381.17 a year, 11.5¢ per kWh effective, time-of-use and demand-charged. It carries a $62.00 monthly standing charge. In effect since October 2013. Too old to quote as a current price.
Residential Pre-Pay — $1,540.80 a year, 12.8¢ per kWh effective, tiered and priced by season. It carries a $17.00 monthly standing charge. In effect since October 2013. Too old to quote as a current price.
Residential Demand - Multi-Phase — $1,541.79 a year, 12.8¢ per kWh effective, demand-charged. It carries a $62.00 monthly standing charge. In effect since October 2013. Too old to quote as a current price.
3 Phase Residential Rate — $1,660.80 a year, 13.8¢ per kWh effective, tiered and priced by season. It carries a $27.00 monthly standing charge. In effect since October 2013. Too old to quote as a current price.
How these plans are structured
Of 6 priceable plans: 2 tiered, 1 time-of-use, 2 priced by season, 4 with demand charges.
Fixed monthly charges run from $17.00 to $62.00.
Who provides these plans
EIA-861 lists Horry Electric Coop Inc serving homes in South Carolina and in no other state, which is how its plans are placed there. 6 of its 6 published residential schedules can be priced.
What this does not cover
One of these plans prices by the hour, so its figure is marked lower confidence.
New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.
Estimate — your actual bill may differ.
Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 23, 2026.