Santee Cooper

About Santee Cooper

Santee Cooper is a state owned organization. The largest county serviced by Santee Cooper is Horry County, but the company also operates in in 3 counties in the state. On recent government reports, the provider listed a total of 211,832 electricity customers. This total is made up of 85.23% residential customer accounts, 14.76% commercial customer accounts and 0.01% industrial accounts. Santee Cooper bills their consumers a residential electricity rate of 11.39 cents per kilowatt hour on average, which is 16.76% below the average state price of 13.68 cents and 27.73% less than the nationwide average of 15.76. About 16,288,947 megawatt hours were sold to other suppliers through the wholesale market in 2022. The electricity sourced consisted of megawatt hours generated by the company and supplementary megawatt hours purchased via the wholesale market. The company had $1,941,573,500 in 2022. Exactly $1,131,579,000 of that revenue came from electricity sales on the wholesale market and $792,183,300 came from sales to residential energy users.

Customers of the provider have an average residential electric bill of $106.69. This is 25.39% below the state average of $141.05. Production by the provider from natural gas totals 4,794,528 megawatt hours, which is roughly 24.79% of their total production. They rank 404th in the US out of the 3526 providers we track for their ratio of renewable versus non-renewable fuel types used. The supplier is the 3rd largest generator of hydroelectric power in South Carolina out of 46 suppliers, with total production reaching 255,793 megawatt hours last year.