EIA data through August 2026 · updated 2026-10-29

South Plains Electric Coop Inc. electricity rates

South Plains Electric Coop Inc. (cooperative) residential customers paid about 10.3¢ per kWh (2024 average) — an average bill of $111 for 1,070 kWh a month.

Avg. home price10.3¢per kWh
Residential customers56,173TX, 2024
Avg. monthly use1,070kWh
Commercial10.4¢per kWh
Industrial7.8¢per kWh
Texas has retail electricity choice. In most of Texas (the ERCOT market) homes buy power from a retail electric provider they choose, while the local utility delivers it. Compare official plan offers at PowerToChoose.org, run by the Public Utility Commission of Texas. Co-ops and municipal utilities outside the competitive market set their own rates.

What a month costs with South Plains Electric Coop Inc.

500 kWh / month$52
900 kWh / month$93
1,050 kWh / month · avg. use$109
1,200 kWh / month$124

Monthly cost at the average price of 10.3¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

11¢13¢15¢17¢19¢20222023202420252026Texas averageU.S. average 11¢13¢15¢17¢19¢20222023202420252026Texas averageU.S. average
Texas averageU.S. average
Aug 202615.9¢per kWh
vs. 1 year ago+3.3%15.4¢
vs. 5 years ago+33.2%11.9¢
Record high17.0¢Apr 2026
Avg. home bill$2661,670 kWh, Aug
EIA forecast, West South Central15.3¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the West South Central region, which includes Arkansas, Louisiana, Oklahoma, Texas.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

79021Cotton Center79031Earth79032Edmonson79041Hale Center79064Olton79072Plainview79073Plainview79082Springlake79201Childress79220Afton79221Aiken79223Cee Vee79225Chillicothe79227Crowell79229Dickens79230Dodson79231Dougherty79233Estelline79234Flomot79235Floydada79236Guthrie79239Lakeview79241Lockney79243Mcadoo79244Matador79245Memphis79248Paducah79250Petersburg79252Quanah79256Roaring Springs79258South Plains79259Tell79261Turkey79311Abernathy79312Amherst79313Anton79322Crosbyton79326Fieldton79329Idalou79330Justiceburg79336Levelland79338Levelland79339Littlefield79343Lorenzo79345Meadow79350New Deal79353Pep79356Post79357Ralls79358Ropesville79363Shallowater79364Slaton79366Ransom Canyon79367Smyer79369Spade79370Spur79372Sundown79373Tahoka79380Whitharral79381Wilson79382Wolfforth79383New Home79401Lubbock79402Lubbock79403Lubbock79404Lubbock79406Lubbock79407Lubbock79408Lubbock79410Lubbock79411Lubbock79412Lubbock79413Lubbock79414Lubbock79415Lubbock79416Lubbock79423Lubbock79424Lubbock79430Lubbock79452Lubbock79453Lubbock79457Lubbock79464Lubbock79490Lubbock79491Lubbock79493Lubbock79499Lubbock79502Aspermont79518Girard79528Jayton79540Old Glory79546Rotan79549Snyder

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is South Plains Electric Coop Inc.’s electricity rate?

About 10.3¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average South Plains Electric Coop Inc. electric bill?

$111 a month in 2024, for an average of 1,070 kWh (EIA-861).

Is South Plains Electric Coop Inc. cheaper than the Texas average?

Yes: 10.3¢ versus the Texas average of 15.9¢ (Aug 2026).