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States › South Carolina › May 2023

South Carolina electricity prices, May 2023

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In May 2023, residential customers in South Carolina paid an average of 13.98¢ per kilowatthour, up 3.9% on the same month a year earlier (13.46¢). The US average for the month was 16.14¢; South Carolina was 13% below that. It ranked 31st highest among the 50 states and the District of Columbia.

Residential sales were 2,149,857 MWh, down 13.5% on a year earlier, and the average residential bill for the month was $120.17 on 859 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

13.98¢residential, per kWh+3.9% on May 2022
$120.17average residential bill for the monthon 859 kWh
2.1 TWhresidential sales-13.5% on a year earlier
31sthighest residential price of 51US 16.14¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorMay 2023May 2022ChangeUS, May 2023
Residential13.98¢13.46¢+3.9%16.14¢
Commercial10.18¢10.78¢-5.6%12.16¢
Industrial6.57¢6.75¢-2.7%7.64¢
All sectors10.21¢10.40¢-1.8%12.21¢

Sales and customers

MeasureMay 2023May 2022Change
Residential sales2.1 TWh2.5 TWh-13.5%
Sales, all sectors6.5 TWh6.9 TWh-6.1%
Residential customers2,501,3042,461,330+1.6%
Average residential bill$120.17$135.95-11.6%
Average residential use, kWh8591,010-15.0%
US residential price16.14¢14.89¢+8.4%

The two years to May 2023

0¢5¢10¢15¢20¢May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023

South Carolina residentialUS residential

Cents per kWh, Form EIA-861M.
← April 2023June 2023 →

Questions and answers

What was the average electricity price in South Carolina in May 2023?

13.98¢ per kilowatthour for residential customers, 10.18¢ for commercial and 6.57¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 13.46¢ in May 2022, a change of +3.9%. Residential sales changed by -13.5% over the same period.

What was the average residential bill that month?

$120.17, on average use of 859 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the South Carolina page.