Electricity Rates in Lake city, SC
Residents of Lake city, SC benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Black River Electric Coop, Inc - (SC) being the largest.
Electricity Providers in Lake city
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Black River Electric Coop, Inc - (SC) | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Duke Energy Progress - (NC) | 15.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Santee Electric Coop, Inc | 15.0¢/kWh | 15.0¢/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:
Solar Savings in Lake city
At 14.0¢/kWh, a typical Lake city household spends approximately $1488.48/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 Lake city
Charging an electric vehicle at home in Lake city 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.
Nearby Cities in South Carolina
Frequently Asked Questions
What is the average electricity rate in Lake city, SC?
The average residential electricity rate in Lake city, 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 Lake city?
Lake city is served by 3 electricity providers. Black River Electric Coop, Inc - (SC) is the largest provider in the area, though rates and availability vary by specific address.
How do Lake city electricity rates compare to the rest of South Carolina?
Lake city'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.