Central Florida Electric Cooperative

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About Central Florida Electric Cooperative

Central Florida Electric Cooperative provides electricity to 15 cities throughout Florida. Electricity providers must regularly report the number of customers they have to government agencies. Most recently the company listed a total of 704 industrial customers, 2,971 commercial accounts and 30,664 residential customers signed on for their services. This is the sum of their customers. Customers of Central Florida Electric Cooperative are charged an average residential electricity rate of 12.46 cents per kilowatt hour, which is 3.73% lower than the state's average price of 12.94 cents and 11.70% less than the nationwide average of 14.11 cents. The supplier had total sales and disposition of 554,417 megawatt hours in 2020, of which 94.99% were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they purchased on the wholesale market. Of the electricity sourced whole purchased made up 100.00%. In 2020, the company made a total of $65,630,600 from business activities relating to the sale and transfer of electricity. They had 96.84% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $125.95, while the Central Florida Electric Cooperative average is 2.93% more at $129.64 per month. Central Florida Electric Cooperative is the 2122nd ranked company in the United States for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.

Central Florida Electric Cooperative Net Metering

Customers of Central Florida Electric Cooperative have the ability to participate in net metering. This is a positive for any customer potentially purchasing personal solar panels, as net metering allows them to sell their extra wattage back to the provider.

Energy Loss

Central Florida Electric Cooperative reported an annual loss of approximately 4.82% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is being in the electricity generation industry and suppliers are required to report these losses. This percentage of loss results in them receiving a rank of 24th best out of 53 suppliers who report energy loss in the state and 853rd best out of 3509 in the country.

Central Florida Electric Cooperative Rate & Electric Bills

Central Florida Electric Cooperative residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.132/kWh$0.125/kWh$132.25/mo.$124.93/mo.
1655th12.46¢Central Florida Electric Cooperative's Average residential price per kWh
2122nd$129.64Average monthly electricity bill for Central Florida Electric Cooperative's residential customers

Central Florida Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:11491 North West 50 Avenue
    Chiefland, Florida 32626
    United States of America
  • CEO:Denny George

Central Florida Electric Cooperative Contact

Central Florida Electric Cooperative Service

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Energy Loss

Central Florida Electric Cooperative's energy loss due to business operations.

-4.82%

Total Energy Loss

26,732MWh

853 National Rank

Central Florida Electric Cooperative Coverage Map

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Central Florida Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida34,33963,555,50028100%

Central Florida Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Alachua County278,468611.88$135.96/mo
Dixie County16,759413.67$142.30/mo
Gilchrist County17,864313.60$143.23/mo
Levy County42,915413.63$143.42/mo

Cities Central Florida Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Central Florida Electric Cooperative Reviews

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Central Florida Electric Cooperative FAQ:

What is the phone number for Central Florida Electric Cooperative?

Central Florida Electric Cooperative's customer service phone number is (352) 493-2511

Who is the CEO of Central Florida Electric Cooperative?

The CEO of Central Florida Electric Cooperative is Denny George.

How much is the average bundled bill for Central Florida Electric Cooperative customers each month?

Consumers of Central Florida Electric Cooperative pay, on average, a monthly bundled bill of $129.64.

What is the average bundled electricity rate for Central Florida Electric Cooperative customers?

The average bundled rate of electricity for consumers of Central Florida Electric Cooperative is 12.46 cents per kilowatt hour (¢/kWh).

How many counties does Central Florida Electric Cooperative provider electricity to?

Central Florida Electric Cooperative provides electricity to customers in 4 counties.

What cities does Central Florida Electric Cooperative have customers in to?

Central Florida Electric Cooperative serves electricity in 15 cities in the nation.

Last Reviewed By: Matt Hope
Published: 2022-08-01