Coastal Electric Cooperative: Rates and Coverage Area

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, 22,559 consumers receive their electricity from the company. These customers are a mix of 6 industrial properties, 3,130 commercial customers and 19,423 residential customer accounts. The average residential electricity rate for consumers of Coastal Electric Cooperative is roughly 14.00 cents per kilowatt hour. This is, sadly, 1.35% higher than Georgia's average price of 13.81 cents. The provider sold 555,051 megawatt hours by way of retail sales in 2022. The megawatt hours sourced by the supplier primarily came from megawatt hours that they acquired on the wholesale electricity market. They purchased 573,665 wholesale megawatt hours. In 2022, they made a total of $67,061,100 from business activities relating to the sale and transfer of electricity. They had revenue of $66,226,100 from retail sales to end users.

The national average monthly residential power bill is $132.69, while the Coastal Electric Cooperative average is 30.48% more at $173.15 per month. Coastal Electric Cooperative is the 2668th 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 3.10% 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 3.69% and the United States average is 2.87%. This gives Coastal Electric Cooperative a ranking of 18th best out of 94 electricity suppliers in the state and 385th best out of 3517 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 May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.136/kWh$173.15/mo.$168.79/mo.
1925th14.00¢Coastal Electric Cooperative's Average residential price per kWh
2668th$173.15Average monthly electricity bill for Coastal Electric Cooperative's residential customers

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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

Energy Loss

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

-3.10%

Total Energy Loss

17,779MWh

385 National Rank

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Coastal Electric Cooperative Coverage Map

Coverage Map Placeholder

Coastal Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Georgia22,55966,226,10026100%

Coastal Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bryan County43,278414.05$148.91/mo
Liberty County68,030314.35$151.51/mo
Long County16,398313.69$144.54/mo
McIntosh County11,291314.40$152.60/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 $173.15.

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 14.00 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.81 cents and the average United States rate of 15.64 cents.

What is the phone number for Coastal Electric Cooperative?

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

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06