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Commercial Rate Structure

Important Information

The new rate structure for general service and large power accounts consists of three components and an adjustment factor, known as the wholesale power cost adjustment (WPCA). 

Review the information for general service, general service solar and large power accounts below.

For 21 hours every day, members can use all the electricity they need at a highly reduced rate per kilowatt-hour (kWh) compared to today’s rate. There are only three hours of each day you need to keep an eye on:

Summer Peak Hours (April 1 – October 31): 3 – 6 p.m.
Winter Peak Hours (November 1 – March 31): 6 – 9 a.m.

The restructured rates will be effective for all members beginning with September 2024 use that appears on your October 2024 statement.

View the components and an example of the general service rate.

View the components and an example of the general service solar rate.

View the components and an example of the large power rate.

Commercial Rate FAQs

The rate includes three components and an adjustment factor:

Account Charge – Cost per day to make service available to a meter.

Energy Charge – Total energy used in the billing period (kWh).

Peak Charge – Highest one hour of energy used in the billing period during peak hours (kW).

Wholesale Power Cost Adjustment (WPCA) – Adjusts for changes in purchased power (kWh).

COMING SOON
Horry Electric has restructured rates to give you control of your bill. The restructured rates will be effective for all members beginning with September 2024 use that appears on your October 2024 statement. Advance Pay members will be effective October 1 for October use. Click below to learn more about rates and peak hours.