Myrtle Beach Electricity Rates

Commercial electricity rates in Myrtle Beach

• Commercial Electricity in Myrtle Beach
• • The average commercial electricity rate in Myrtle Beach is 8.48¢/kWh.^[1]
  • This average (commercial) electricity rate in Myrtle Beach is 11.94% less than the South Carolina average rate of 9.63¢/kWh.^[2]
  • The average (commercial) electricity rate in Myrtle Beach is 15.96% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Myrtle Beach

• Residential Electricity in Myrtle Beach
• • The average residential electricity rate in Myrtle Beach is 10.06¢/kWh.^[1]
  • This average (residential) electricity rate in Myrtle Beach is 14.53% less than the South Carolina average rate of 11.77¢/kWh.^[2]
  • The average (residential) electricity rate in Myrtle Beach is 15.32% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Myrtle Beach

• Industrial Electricity in Myrtle Beach
• • The average industrial electricity rate in Myrtle Beach is 5.19¢/kWh.^[1]
  • This average (industrial) electricity rate in Myrtle Beach is 13.79% less than the South Carolina average rate of 6.02¢/kWh.^[2]
  • The average (industrial) electricity rate in Myrtle Beach is 22.19% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in South Carolina

• Commercial electricity rates in SC ^[3]
• • The average commercial electricity rate in South Carolina is 9.63¢/kWh, which ranks 20th in the nation and is 4.56% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in SC ^[3]
• • Commercial electricity consumption in South Carolina averages 5,167 kWh/month, which ranks 36th in the nation and is 17.17% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in SC ^[3]
• • The average monthly commercial electricity bill in South Carolina is $497, which ranks 33rd in the nation and is 20.99% less than the national average of $629.
• Learn more about commercial electricity in South Carolina

Residential electricity in South Carolina

• Residential electricity rates in South Carolina ^[3]
• • The average residential electricity rate in South Carolina is 11.77¢/kWh, which ranks 19th in the nation and is 0.93% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in SC ^[3]
• • Residential electricity consumption in South Carolina averages 1,119 kWh/month, which ranks 9th in the nation and is 23.92% greater than the national average of 903 kWh/month.
• Residential electricity bills in SC ^[3]
• • The average monthly residential electricity bill in South Carolina is $132, which ranks 3rd in the nation and is 23.36% greater than the national average of $107 per month.
• Learn more about residential electricity in South Carolina

Industrial electricity in South Carolina

• Industrial electricity rates in South Carolina ^[3]
• • The average industrial electricity rate in South Carolina is 6.02¢/kWh, which ranks 35th in the nation and is 9.75% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in SC ^[3]
• • Industrial electricity consumption in South Carolina averages 534,380 kWh/month, which ranks 5th in the nation and is 376.45% greater than the national average of 112,158 kWh/month.
• Industrial electricity bills in SC ^[3]
• • The average monthly industrial electricity bill in South Carolina is $32,173, which ranks 6th in the nation and is 329.95% greater than the national average of $7,483.
• Learn more about industrial electricity in South Carolina

Myrtle Beach, SC Income Breakdown ^[4]

Income Summary for Myrtle Beach, SC

• • Household income: The city of Myrtle Beach has a median household income of $41,760, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Myrtle Beach is approximately 34 percent less than the median income for the entire United States.^[4]
  • Poverty level: Approximately 15.6 percent of Myrtle Beach households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in South Carolina is about $132/month, ranking 3rd in the U.S. and 23.36% greater than the national average of $107.^[5]

Income: Myrtle Beach vs. Nation ^[4]