Horry Electric Cooperative and solar
Horry Electric Cooperative is an electric cooperative serving about 91,545 homes in South Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 14.3¢9% below South Carolina average
- Typical bill
- $1531,072 kWh a month
- Exports credited
- ~21%Net billing (reduced export credit)
- Typical payback
- 12.3 yrs6.9 kW, cash
Export rules for Horry Electric Cooperative customers
Net billing (reduced export credit) (South Carolina rule).
Since June 2021 new solar customers of Duke Energy and Dominion Energy SC are on 'Solar Choice' tariffs: you're billed on time-of-use rates, solar offsets usage within the same period, and monthly excess is credited at the low avoided-cost rate (~2-4 c/kWh). Duke has a $30 minimum bill.
Solar for a typical Horry Electric Cooperative home
| System | 6.9 kW (80% of 1,072 kWh/month) |
|---|---|
| Cost | $20,405, $16,905 after incentives |
| First-year savings | $1,447 |
| Payback | 12.3 years |
| 25-year net | $20,248 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 956
- Share of customers
- 1.0%
- Residential solar capacity
- 7 MW
- Residential customers
- 91,545
EIA-861, 2025.
Cities served
Questions about Horry Electric Cooperative and solar
Does Horry Electric Cooperative have net metering?
Horry Electric Cooperative follows South Carolina's rules: Since June 2021 new solar customers of Duke Energy and Dominion Energy SC are on 'Solar Choice' tariffs: you're billed on time-of-use rates, solar offsets usage within the same period, and monthly excess is credited at the low avoided-cost rate (~2-4 c/kWh). Duke has a $30 minimum bill.
How much does electricity cost with Horry Electric Cooperative?
Residential customers paid an average of 13.8¢ per kWh in 2025 (EIA), about 14.3¢ adjusted to 2026. The typical home uses 1,072 kWh a month, a bill of about $153.
Is solar worth it with Horry Electric Cooperative?
For a typical customer, solar is worth it: a 6.9 kW system costing about $16,905 pays back in about 12.3 years, with $20,248 net over 25 years.
How many Horry Electric Cooperative customers have solar?
About 956 homes had net-metered solar at the end of 2025, roughly 1.0% of residential customers (EIA-861).
Legal name: Horry Electric Coop Inc (EIA ID 8786). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.