2025 Residential
14.96¢/kWh
-13.5% vs US avg
South Carolina residential electricity costs 14.96¢/kWh in 2025
According to the U.S. Energy Information Administration retail-sales series (2025 annual frequency), residential electricity in South Carolina costs 14.96¢/kWh, 13.5% below the national average. Since 2016, the rate has changed +18.3%.
Where South Carolina sits: according to EIA's annual retail-sales series, its residential rate changed +18.3% between 2016 and 2025, the 45th steepest of 51 jurisdictions (the 50 states and the District of Columbia), a steeper move than 12% of the other 50. Ranked on the same 2016 to 2025 window for every state; see the methodology.
Annual Average Prices
| Year | Residential | US Avg |
|---|---|---|
| 2025 | 14.96¢/kWh +5.1% | 17.30¢/kWh |
| 2024 | 14.23¢/kWh +4.0% | 16.48¢/kWh |
| 2023 | 13.68¢/kWh +0.7% | 16.00¢/kWh |
| 2022 | 13.59¢/kWh +5.7% | 15.04¢/kWh |
| 2021 | 12.86¢/kWh +0.6% | 13.66¢/kWh |
| 2020 | 12.78¢/kWh -1.6% | 13.15¢/kWh |
| 2019 | 12.99¢/kWh +4.4% | 13.01¢/kWh |
| 2018 | 12.44¢/kWh -4.5% | 12.87¢/kWh |
| 2017 | 13.02¢/kWh +2.9% | 12.89¢/kWh |
| 2016 | 12.65¢/kWh | 12.55¢/kWh |
Reading the South Carolina Price Trend
According to the U.S. Energy Information Administration's retail-sales series, RateWatt currently holds 2,040 annual state-sector records spanning 2016 through 2025. These are statewide annual averages, not individual utility quotes. See the methodology for source scope and refresh cadence.
South Carolina residential electricity moved from 12.65¢/kWh in 2016 to 14.96¢/kWh in 2025, a cumulative change of +18.3% over 10 reporting years. The more recent five-year window changed +17.1% since 2020; comparing the two windows describes whether the pace changed, but does not establish why. Against the national residential benchmark of 17.30¢/kWh, South Carolina now sits 13.5% below the U.S. average for 2025.
Commercial customers in South Carolina paid 11.05¢/kWh in 2025, while industrial customers paid 7.11¢/kWh. Sector differences can reflect customer mix, consumption volume, tariff design, and cost allocation; this statewide series does not identify which factor drives a state's gap. Here the residential-to-industrial multiplier is about 2.1x, one descriptive benchmark for comparison with peer states.
EIA reports 7 generation sources for South Carolina; ranked by share of generation they run nuclear, natural gas, coal, solar, hydro. Of the 11 sources EIA reports somewhere in the country, South Carolina records no generation from biomass, geothermal, pumped storage or wind. That is an absence in the published series, not a statement that no such capacity exists. This price series and that generation series are published separately and are not joined here, so nothing on this page attributes a price movement to a fuel mix. Adjacent entries in the alphabetical state browser are Rhode Island and South Dakota; their pages carry the same series on the same basis. EIA publishes the annual series once per year and revises prior years without renumbering them, so a figure here can change when a later release restates it.
The annual average is close to what most months look like
South Carolina is one of 20 states, of the 51 with a full monthly record, whose residential rate moves within a narrow band across the year. The monthly series runs from about 13.58¢/kWh in January to about 15.02¢/kWh in October, a spread of 10.0% around the monthly mean. Where that spread is this small, the annual figures in the table above describe an ordinary month here reasonably well, which is not true of every state.
Within-year profile computed from 36 monthly observations across 3 complete calendar years in EIA's residential series (monthly data begins 2023-01). Partial calendar years are excluded so a newer partial tail cannot bias January–May against later months. Peak and trough are the highest and lowest month averages across that record, not a forecast; the spread is quoted against this state's own monthly mean.
How often the rate has actually fallen
South Carolina's rate has fallen in 2 of the 9 year-on-year steps on record, the most common pattern among states. The steepest of those falls came in 2018, at 0.58¢.
Recent years ran hotter, but only modestly
The gap between South Carolina's recent pace (3.2% a year) and its long-run pace (1.9% a year) is 1.3%, smaller than in 73% of states. Prices here still rose, but the last five years did not break sharply from the state's own trend.
Both figures are compound annual rates over EIA's published residential series, so the five-year and full-record windows are directly comparable; the national comparison ranks all 51 states and DC on the same measure. Annual state-level averages, not individual bills.
Price Trends, South Carolina vs National Average
2025 Rate
14.96¢/kWh
vs National Avg
-13.5%
5-Year Change
+17.1%
Since 2016
+18.3%
Trajectory peers
Which states followed a similar residential price path?
Each state begins at an index of 100 in 2016; the comparison then measures how closely its annual path follows South Carolina through 2025. This compares the shape of the EIA series, not the price level, and does not claim that two states share the same market or causes.
Closest path shapes
Nearest matches after each state starts at an index of 100
- South Dakota +16.7% since 2016
- North Dakota +16.2% since 2016
- Missouri +20.3% since 2016
- Idaho +18.8% since 2016
- Montana +18.6% since 2016
- Iowa +14.9% since 2016
- Wyoming +20.2% since 2016
- Kansas +11.5% since 2016
Other steeper paths
Nearest unused states with a larger 2016–2025 rise
Calculated from 51 jurisdictions covering the complete 2016–2025 annual window. Directional lists exclude states already shown as the closest matches, so every name appears once.
Provider record
Largest bundled residential providers EIA reports for South Carolina
EIA-861 table 6 lists the 20 largest reporting entities here for 2024, ordered by residential customer count. A provider's appearance is not evidence that it serves every address or that a household can choose it.
| Provider | Ownership | Residential customers | EIA average price |
|---|---|---|---|
| Dominion Energy South Carolina, Inc | Investor Owned | 696,385 | 14.59¢/kWh |
| Duke Energy Carolinas, LLC | Investor Owned | 568,586 | 13.99¢/kWh |
| South Carolina Public Service Authority | State | 185,529 | 11.38¢/kWh |
| Duke Energy Progress - (NC) | Investor Owned | 143,713 | 14.88¢/kWh |
| Berkeley Electric Coop Inc | Cooperative | 115,117 | 14.93¢/kWh |
| Horry Electric Coop Inc | Cooperative | 86,726 | 13.23¢/kWh |
| Palmetto Electric Coop Inc | Cooperative | 68,338 | 12.79¢/kWh |
| Blue Ridge Electric Coop Inc - (SC) | Cooperative | 67,553 | 18.94¢/kWh |
| York Electric Coop Inc | Cooperative | 65,244 | 12.65¢/kWh |
| Laurens Electric Coop, Inc | Cooperative | 58,438 | 14.66¢/kWh |
| Mid-Carolina Electric Coop Inc | Cooperative | 56,463 | 14.88¢/kWh |
| Aiken Electric Coop Inc | Cooperative | 49,460 | 15.53¢/kWh |
| City of Rock Hill - (SC) | Municipal | 36,492 | 12.55¢/kWh |
| Santee Electric Coop, Inc | Cooperative | 35,235 | 14.74¢/kWh |
| Fairfield Electric Coop, Inc | Cooperative | 32,397 | 14.35¢/kWh |
| MPD Electric Cooperative | Cooperative | 31,874 | 10.94¢/kWh |
| Black River Electric Coop, Inc - (SC) | Cooperative | 30,610 | 13.47¢/kWh |
| Greer Commission of Public Wks | Municipal | 24,893 | 11.80¢/kWh |
| Broad River Electric Coop, Inc | Cooperative | 23,140 | 15.91¢/kWh |
| Lynches River Elec Coop, Inc | Cooperative | 21,363 | 15.71¢/kWh |
“Average price” is EIA's reported residential revenue divided by sales, not a tariff, plan offer, or bill quote. Source: EIA Electric Sales, Revenue, and Average Price, table 6.
Frequently Asked Questions
Are electricity prices going up in South Carolina? ▼
How does South Carolina's electricity price compare to the national average? ▼
What do businesses pay for electricity in South Carolina? ▼
Where does this price trend data come from? ▼
Energy Guides
Where South Carolina's figures come from
Data from the U.S. Energy Information Administration. Prices in cents per kilowatt-hour (kWh). Annual averages.
Related
Read our methodology , how this data is sourced, computed, and verified.