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CEO Letter


Electricity remains a good value

G. Thomas Upshaw | President & CEO

At Palmetto Electric Cooperative, we recognize that rising energy costs are affecting our members. After all, we are co-op members, too, and pay the same rates as you. We work hard to keep rates as low as possible while maintaining reliable service.

Other cooperatives and power companies across the nation face the same challenge. However, most consumers do not realize that the national cost of electricity today, when adjusted for inflation, is less than what it was in 1980.

Few commodities have remained such a good value. Compared to other consumer products and services, electricity is a bargain.

Palmetto Electric Cooperative focuses on innovation and new technologies to improve service and reliability. And, through Living in South Carolina Magazine and other member communications, we promote energy efficiency and encourage conservation.

As the demand for energy continues to rise and the costs of fuels increase, your electric cooperative is committed to providing safe and affordable electricity at the lowest possible cost: a value we can all fit into our budgets.