Electricity Rates in Gaffney, SC

Residents of Gaffney, SC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 5 electricity providers, with Broad River Electric Coop, Inc being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. South Carolina Avg. -6.7%
vs. National Avg. -21.3%
Providers 5

Electricity Providers in Gaffney

Utility Residential Rate Commercial Rate Type
Broad River Electric Coop, Inc 16.0¢/kWh 15.0¢/kWh Cooperative
City of Gaffney - (SC) 12.0¢/kWh 15.0¢/kWh Municipal
Duke Energy Carolinas, LLC 14.0¢/kWh 11.0¢/kWh Investor Owned
Lockhart Power Co 13.0¢/kWh 5.0¢/kWh Investor Owned
York Electric Coop Inc 13.0¢/kWh 12.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Gaffney monthly bill $124.04
Gaffney annual cost $1488.48
South Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Gaffney

At 14.0¢/kWh, a typical Gaffney household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Gaffney

Charging an electric vehicle at home in Gaffney costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Gaffney, SC?

The average residential electricity rate in Gaffney, SC is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Gaffney?

Gaffney is served by 5 electricity providers. Broad River Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.

How do Gaffney electricity rates compare to the rest of South Carolina?

Gaffney's average rate of 14.0¢/kWh is 6.7% below the South Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.