Electricity Rates in Greenwood, SC
Residents of Greenwood, SC benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Duke Energy Carolinas, LLC being the largest.
Electricity Providers in Greenwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Carolinas, LLC | 14.0¢/kWh | 11.0¢/kWh | Investor Owned |
| Greenwood CPW | 9.0¢/kWh | 7.0¢/kWh | Municipal |
| Laurens Electric Coop, Inc | 15.0¢/kWh | 14.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Greenwood
At 13.0¢/kWh, a typical Greenwood household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Greenwood
Charging an electric vehicle at home in Greenwood costs approximately $117.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in South Carolina
Frequently Asked Questions
What is the average electricity rate in Greenwood, SC?
The average residential electricity rate in Greenwood, SC is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Greenwood?
Greenwood is served by 3 electricity providers. Duke Energy Carolinas, LLC is the largest provider in the area, though rates and availability vary by specific address.
How do Greenwood electricity rates compare to the rest of South Carolina?
Greenwood's average rate of 13.0¢/kWh is 13.3% below the South Carolina state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.