The residential rate structure consists of three components and an adjustment factor, known as the wholesale power cost adjustment (WPCA). The structure components differ between Post Pay and Advance Pay members.
Review the information for Residential Post Pay, Residential Solar and Advance Pay below.
For 21 hours every day, members can use all the electricity they need for half the cost per kilowatt-hour (kWh). 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. Advance Pay accounts will be effective October 1 for October use.
View your Account Comparison or estimate your bill using the Rate Calculator.
Click here to view the Appliance Peak Demand Use Sheet.
View the components and an example of the residential rate for post pay accounts.
View the components and an example of the residential rate for Advance Pay accounts.
View the components and an example of the residential solar rate for post pay accounts.
2774 Cultra Road
Conway, SC 29526
5889 Hwy 707
Myrtle Beach, SC 29588
PO Box 119
Conway, SC 29528
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.