Electricity Rates in Lake wylie, SC

Residents of Lake wylie, SC benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Duke Energy Carolinas, LLC being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. South Carolina Avg. -13.3%
vs. National Avg. -26.9%
Providers 2

Electricity Providers in Lake wylie

Utility Residential Rate Commercial Rate Type
Duke Energy Carolinas, LLC 14.0¢/kWh 11.0¢/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 13.0¢/kWh and typical US household usage of 886 kWh/month:

Lake wylie monthly bill $115.18
Lake wylie annual cost $1382.16
South Carolina avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Lake wylie

At 13.0¢/kWh, a typical Lake wylie household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Lake wylie

Charging an electric vehicle at home in Lake wylie 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.

Frequently Asked Questions

What is the average electricity rate in Lake wylie, SC?

The average residential electricity rate in Lake wylie, 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 Lake wylie?

Lake wylie is served by 2 electricity providers. Duke Energy Carolinas, LLC is the largest provider in the area, though rates and availability vary by specific address.

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

Lake wylie'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.