WattBuy’s Guide toElectricity in
Electricity in
Socastee
South Carolina
South Carolina
Here's the average monthly bill, usage, and carbon footprint of residents in Socastee
January
$199February
$131March
$112April
$100May
$126June
$201July
$224highestAugust
$222September
$161October
$125November
$99lowestDecember
$134Carbon Emissions
693 lbs CO₂
Monthly Usage
1,103 kWh
Socastee's energy comes from Nuclear, Coal, Natural Gas, Hydroelectric, and Solar. Nuclear is the largest source of electricity, providing 52% of Socastee's energy. Coal is the second largest source, making up 23%. Natural Gas provides 20% of the energy in Socastee. Hydroelectric provides 2% of the energy in Socastee. Solar provides 2% of the energy in Socastee.
53%
Nuclear
23%
Coal
20%
Natural Gas
2%
Hydroelectric
2%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
1,318 kWh
Energy generated by average sized system
$17,250
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Socastee can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Horry Electric Coop Inc has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| 3 Phase Residential Rate | Fixed | 10¢ to 13¢ |
| Residential Solar | Fixed | 5¢ |
| Net Metering - Residential | TOU | 5¢ to 7¢ |
| Residential Pre-Pay | Fixed | 10¢ to 13¢ |
| Residential Demand - Single Phase | Fixed | 5¢ |
| Residential Service | Fixed | 11¢ to 14¢ |
| Residential Demand - Multi-Phase | Fixed | 5¢ |
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