Coastal Electric Cooperative

Electricity Rates, Plans & Statistics

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About Coastal Electric Cooperative

Coastal Electric Cooperative is an electric cooperative. The largest county served by Coastal Electric Cooperative is Liberty County, but the company also operates in in 4 counties in the state of Georgia. At the moment, 21,127 consumers receive their electricity from the company. These customers are a mix of 5 industrial properties, 2,907 commercial customers and 18,215 residential customer accounts. The average residential electricity rate for consumers of Coastal Electric Cooperative is roughly 13.69 cents per kilowatt hour. This is 2.96% lower than the national average price of 14.11 cents, which ranks the provider 2163rd best for average electricity rate out of 2923 suppliers in the United States. In 2020 they sold 507,092 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 528,272 megawatt hours acquired by the company. In 2020, the supplier had revenue of $59,854,000 from retail electricity sales to end users.

The national average monthly residential power bill is $125.95, while the Coastal Electric Cooperative average is 34.12% more at $168.93 per month. Coastal Electric Cooperative is the 2799th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.

Coastal Electric Cooperative Net Metering

Net metering is accessible to customers of Coastal Electric Cooperative. Installation of solar panels and other electricity sources is often too expensive for residents. Net metering allows purchasers of these electricity sources to sell unused electricity back to the provider, making the installation of these alternative sources financially possible.

Energy Loss

Coastal Electric Cooperative recently reported an annual loss of about 3.84% 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 industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 3.96% and the United States average is 2.76%. This gives Coastal Electric Cooperative a ranking of 23rd best out of 94 electricity suppliers in the state and 588th best out of 3509 suppliers in the US.

Coastal Electric Cooperative Rate & Electric Bills

Coastal Electric Cooperative residential electric rates are highest in January and the highest average bill is in March.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.136/kWh$171.97/mo.$168.93/mo.
2163rd13.69¢Coastal Electric Cooperative's Average residential price per kWh
2799th$168.93Average monthly electricity bill for Coastal Electric Cooperative's residential customers

Coastal Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:1265 South Coastal Highway
    Midway, Georgia 31320
    United States of America
  • CEO:Chris Fettes

Coastal Electric Cooperative Contact

Coastal Electric Cooperative Service

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Energy Loss

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

-3.84%

Total Energy Loss

20,290MWh

588 National Rank

Coastal Electric Cooperative Coverage Map

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Coastal Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Georgia21,12759,854,00025100%

Coastal Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bryan County44,738413.87$150.86/mo
Liberty County65,256314.24$154.74/mo
Long County16,168313.62$147.06/mo
McIntosh County10,975314.27$155.65/mo

Cities Coastal Electric Cooperative Has Coverage

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

Coastal Electric Cooperative Reviews

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Coastal Electric Cooperative FAQ:

What cities does Coastal Electric Cooperative supply electricity to?

Coastal Electric Cooperative provides electricity to 4 cities.

What is the average bundled bill for Coastal Electric Cooperative customers each month?

Consumers of Coastal Electric Cooperative pay, on average, a monthly bundled bill of $168.93.

Who is the CEO of Coastal Electric Cooperative?

Chris Fettes is the current CEO of Coastal Electric Cooperative.

How many counties does Coastal Electric Cooperative supply electricity in?

Coastal Electric Cooperative offers service to customers in 4 counties.

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

Coastal Electric Cooperative's current average bundled electricity rate is 13.69 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.55 cents and the average United States rate of 14.11 cents.

What is the phone number for Coastal Electric Cooperative?

The Coastal Electric Cooperative phone number is (912) 884-3311.

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