Clay Electric Cooperative: Rates and Coverage Area

Clay Electric Cooperative

Electricity Rates, Plans & Statistics

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About Clay Electric Cooperative

Clay Electric Cooperative serves 14 cities in Florida such as the cities of Gainesville, Alachua, Palatka, Green Cove Springs, and Newberry. The entity is an electricity cooperative. There are a total of 187,066 customers who are served by the company. These customer accounts are made up of 165,066 residential properties, 21,956 commercial customers and 44 industrial accounts. Clay Electric Cooperative charges their customers a residential electricity price of 14.02 cents per kilowatt hour on average, which is 9.68% below the state's average price of 15.52 cents. This makes the provider 26th lowest for average electricity price out of 60 suppliers in the state. In 2022 they had sales to end users totaling 3,514,762 megawatt hours. During the same timeframe, Clay Electric Cooperative obtained 3,666,124 megawatt hours by way of wholesale channels. In 2022, the company made 97.60% of their revenue from retail electricity sales. Their total revenue from electricity related activities was $468,349,200.

The average monthly residential electricity bill for a customer of Clay Electric Cooperative is $167.48 per month, while the Florida average is $168.6. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.

Clay Electric Cooperative Net Metering

Net metering is available to customers of Clay Electric Cooperative. Net metering makes solar panel installation more economically feasible as it allows citizens to sell electricity into the grid.

Energy Loss

Clay Electric Cooperative reported a yearly loss of around 4.03% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production business and suppliers are required to report these losses. This percentage of loss gives them a ranking of 634th best out of 3517 suppliers who report energy loss in the nation and 16th best out of 53 in Florida.

Clay Electric Cooperative Rate & Electric Bills

Clay Electric Cooperative residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.140/kWh$0.115/kWh$167.48/mo.$135.54/mo.
1932nd14.02¢Clay Electric Cooperative's Average residential price per kWh
2596th$167.48Average monthly electricity bill for Clay Electric Cooperative's residential customers

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Clay Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:65 South West Citrus Avenue
    Keystone, Florida 32656
    United States of America
  • CEO:Richard K. Davis

Clay Electric Cooperative Contact

Clay Electric Cooperative Service

Energy Loss

Clay Electric Cooperative's energy loss due to business operations.

-4.03%

Total Energy Loss

147,681MWh

634 National Rank

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Clay Electric Cooperative Coverage Map

Coverage Map Placeholder

Clay Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida187,066457,127,40013100%

Clay Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Alachua County284,030614.66$162.37/mo
Baker County28,003313.93$169.63/mo
Clay County226,589414.17$166.32/mo
Putnam County74,731214.34$167.57/mo
Union County16,141214.21$167.53/mo

Cities Clay Electric Cooperative Has Coverage

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

Clay Electric Cooperative Reviews

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Clay Electric Cooperative FAQ:

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

Customers of Clay Electric Cooperative, on average, have an electricity bundled rate 14.02 cents per kilowatt hour (¢/kWh).

What is the phone number for Clay Electric Cooperative?

Clay Electric Cooperative's customer service phone number is (386) 752-7447

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

Clay Electric Cooperative currently has an average monthly bundled electric bill of $167.48, compared to the Florida average of $168.60 and the national of $168.60 for bundled service.

Who is the CEO of Clay Electric Cooperative?

Clay Electric Cooperative's CEO is Richard K. Davis.

How many counties does Clay Electric Cooperative offer service in?

There are 5 counties that receive at least some electricity coverage by Clay Electric Cooperative including Florida.

What cities does Clay Electric Cooperative sell electricity in?

Clay Electric Cooperative has customers in 14 cities.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2023-12-06