Aiken Electric Coop Inc late fee
South Carolina · Cooperative
Aiken Electric Coop Inc charges 10%, min $10 for a residential electric bill paid late.
- Percentage fee
- 10% of the past-due balance
- Minimum charge
- $10
- Grace period
- 15 days
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 82% of US utilities that charge a percentage fee
- Residential customers
- 49,460
Disconnections in 2024
- Disconnections
- 1,751 for non-payment
- Rate
- 5.11 per 100 residential customers
- Final notices
- 256,228
- Reconnections
- 1,709
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
gross rate = net + 10% of net OR $10 whichever LOWER, after 15 days (Aiken EC co-op SC) - high headline rate but $10 cap
Source: https://www.aikenco-op.org/sites/default/files/schedulea.pdf