Power Bill Facts

South Plains Electric Coop Inc: average electricity price and bill

Electric cooperative in Texas. 56,173 residential customers in 2024. EIA utility number 17561.

Annual file
Form EIA-861, 2024 final
Monthly data
to July 2026

The average residential price of South Plains Electric Coop Inc was 10.35 cents per kilowatt-hour (kWh) in 2024. Form EIA-861, final

The average monthly bill of a residential customer was $110.74 in 2024, for 1,070 kWh each month. The Texas average price was 14.94 cents per kWh in 2024. The US average price was 16.48 cents per kWh in 2024.

In July 2026, the Texas average was 15.88 cents per kWh. EIA marks this month as preliminary. EIA has monthly figures for a sample of utilities, and South Plains Electric Coop Inc is not in the sample.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The annual figures on this page are for 2024. Monthly data through .

Since the last EIA release: no tracked figure of South Plains Electric Coop Inc changed. The record of changes starts with the next release. EIA releases and changes

Price and bill beside Texas, the ownership type and the US

Form EIA-861, 2024

South Plains Electric Coop Inc beside its references, 2024
FigureThis utilityElectric cooperatives, US medianTexasUnited States
Average residential price (cents per kWh)10.3513.7414.9416.48
Average monthly bill (dollars per month)$110.74$149.95$163.72$142.26
Average monthly use (kWh per month)1,0701,1261,096863
Change of the price in 1 year (percent)-10.6%n/a+3.3%+3.0%
Change of the price in 5 years (percent)+9.1%n/a+27.0%+26.7%

State and US figures are EIA's own averages for all customers. The ownership column is a median of utilities with 1,000 or more residential customers, from the final 2024 file.

The average monthly bill is residential revenue divided by customers and by 12 months. The use is residential sales divided by customers and by 12 months. These figures are for bundled service only.

TXUS7.4335.66

10.35 cents per kWh, South Plains Electric Coop Inc, 2024

The dial puts the 2024 price among the 2024 prices of 1,230 US utilities. 9% of them had this price or a lower price. The marks show the Texas average and the US average. The scale runs from 7.43 to 35.66 cents per kWh.

Sales by sector

Form EIA-861, 2024

South Plains Electric Coop Inc: customers, sales and revenue by sector, 2024
SectorCustomersSalesShare of sales percentRevenue dollarsAverage price, bundled cents per kWh
Residential56,173721.4 GWh4174,650,40010.35
Commercial11,306395.8 GWh2341,249,80010.42
Industrial7,922634.4 GWh3649,340,8007.78

Customers, sales and revenue include each service type that the utility reported. The price column uses bundled service only. Sources of energy: 1.8 TWh in total. The utility generated 0% and bought 1.8 TWh. Summer peak demand: 422 MW.

Price history

Form EIA-861, 2013 to 2024

cents per kWh051015202013201520172019202120242013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2013 Texas average: 11.35 cents per kWh2014 Texas average: 11.86 cents per kWh2015 Texas average: 11.56 cents per kWh2016 Texas average: 10.99 cents per kWh2017 Texas average: 11.01 cents per kWh2018 Texas average: 11.2 cents per kWh2019 Texas average: 11.76 cents per kWh2020 Texas average: 11.71 cents per kWh2021 Texas average: 12.11 cents per kWh2022 Texas average: 13.76 cents per kWh2023 Texas average: 14.46 cents per kWh2024 Texas average: 14.94 cents per kWh2013 South Plains Electric Coop Inc: 9.01 cents per kWh2014 South Plains Electric Coop Inc: 9.97 cents per kWh2015 South Plains Electric Coop Inc: 9.47 cents per kWh2016 South Plains Electric Coop Inc: 9.5 cents per kWh2017 South Plains Electric Coop Inc: 9.99 cents per kWh2018 South Plains Electric Coop Inc: 10.05 cents per kWh2019 South Plains Electric Coop Inc: 9.49 cents per kWh2020 South Plains Electric Coop Inc: 9.65 cents per kWh2021 South Plains Electric Coop Inc: 10.35 cents per kWh2022 South Plains Electric Coop Inc: 13.52 cents per kWh2023 South Plains Electric Coop Inc: 11.58 cents per kWh2024 South Plains Electric Coop Inc: 10.35 cents per kWhcents per kWh0510152020132016201920242013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2013 Texas average: 11.35 cents per kWh2014 Texas average: 11.86 cents per kWh2015 Texas average: 11.56 cents per kWh2016 Texas average: 10.99 cents per kWh2017 Texas average: 11.01 cents per kWh2018 Texas average: 11.2 cents per kWh2019 Texas average: 11.76 cents per kWh2020 Texas average: 11.71 cents per kWh2021 Texas average: 12.11 cents per kWh2022 Texas average: 13.76 cents per kWh2023 Texas average: 14.46 cents per kWh2024 Texas average: 14.94 cents per kWh2013 South Plains Electric Coop Inc: 9.01 cents per kWh2014 South Plains Electric Coop Inc: 9.97 cents per kWh2015 South Plains Electric Coop Inc: 9.47 cents per kWh2016 South Plains Electric Coop Inc: 9.5 cents per kWh2017 South Plains Electric Coop Inc: 9.99 cents per kWh2018 South Plains Electric Coop Inc: 10.05 cents per kWh2019 South Plains Electric Coop Inc: 9.49 cents per kWh2020 South Plains Electric Coop Inc: 9.65 cents per kWh2021 South Plains Electric Coop Inc: 10.35 cents per kWh2022 South Plains Electric Coop Inc: 13.52 cents per kWh2023 South Plains Electric Coop Inc: 11.58 cents per kWh2024 South Plains Electric Coop Inc: 10.35 cents per kWh

South Plains Electric Coop IncTexas averageUS average

Cents per kWh, not adjusted for inflation.
Table of the figures by year, 2013 to 2024
South Plains Electric Coop Inc: residential figures by year
YearAverage price cents per kWhTexas average cents per kWhAverage bill dollars per monthAverage use kWh per monthResidential customersSales, all sectors
202410.3514.94$110.741,07056,1731.8 TWh
202311.5814.46$122.351,05753,6011.7 TWh
202213.5213.76$150.431,11350,5711.7 TWh
202110.3512.11$114.441,10648,0451.6 TWh
20209.6511.71$108.661,12645,7171.6 TWh
20199.4911.76$106.961,12742,6491.6 TWh
201810.0511.20$114.651,14141,2391.7 TWh
20179.9911.01$106.231,06339,8761.5 TWh
20169.5010.99$102.921,08338,1711.5 TWh
20159.4711.56$104.291,10137,0811.6 TWh
20149.9711.86$112.581,12935,9731.6 TWh
20139.0111.35$101.351,12434,9441.5 TWh

Reliability: SAIDI and SAIFI

Form EIA-861, 2024

EIA's reliability file has no SAIDI or SAIFI figure for South Plains Electric Coop Inc in 2024. EIA does not get these figures from each utility.

Counties in the service territory

Form EIA-861, 2024

The utility listed these 18 counties on Form EIA-861. A utility can serve only a part of a county on its list.

Other utilities in Texas

Form EIA-861, 2024

Watch or compare this utility

The watch list and the compare list stay in this browser. Feed of changes: changes in Texas (RSS).

Official channels

EIA's files have no website for a utility. The state utility commission and the utility have the rate schedules.

Cite this page

Power Bill Facts. South Plains Electric Coop Inc: average electricity price and bill. https://powerbillfacts.com/utility/south-plains-electric-coop-inc-tx-17561/ Source: U.S. Energy Information Administration, Form EIA-861 (2024) and Form EIA-861M. Data through . Page made .

Where the figures come from

Source: U.S. Energy Information Administration. Annual figures: Form EIA-861, final release for 2024, respondent "South Plains Electric Coop Inc", utility number 17561. State and US averages: Form EIA-861M sales and revenue workbook, through July 2026. These are US government works in the public domain. An error in the processing of this site is corrected at the next build: report an error.

Questions about South Plains Electric Coop Inc

How does the price of South Plains Electric Coop Inc compare with other utilities?
In 2024, 9% of the 1,230 US utilities with a price had this price or a lower price. In Texas, 15 of the 135 other utilities with a price had a lower price.
Did the price of South Plains Electric Coop Inc change?
The average residential price was 11.58 cents per kWh in 2023 and 10.35 cents per kWh in 2024. The 2024 price was 1.23 cents per kWh lower than the 2023 price. In 2019, the price was 9.49 cents per kWh. These prices are not adjusted for inflation.
How many minutes without power did South Plains Electric Coop Inc report?
EIA's reliability file has no SAIDI or SAIFI figure for South Plains Electric Coop Inc in 2024. EIA does not get these figures from each utility.
Which counties does South Plains Electric Coop Inc serve?
South Plains Electric Coop Inc listed 18 counties in Texas in its service territory on Form EIA-861 for 2024. This page has the full list. A utility can serve only a part of a county.