Escambia River Electric Cooperative

About Escambia River Electric Cooperative

Escambia River Electric Cooperative is an electricity cooperative operating in Florida, including cities like Pace CDP, Point Baker CDP, Wallace CDP, Century, and Molino CDP. Electricity providers must regularly report the number of customers they have to government agencies. Recently the supplier listed 12,385 customers being supplied electricity by the company. Exactly 1,191 of these customers are commercial properties and 11,194 are residential properties. Escambia River Electric Cooperative's average residential electricity price per kilowatt hour is 14.52 cents per kilowatt hour. Thankfully, this is 6.47% less than Florida's average rate of 15.52 cents, ranking the supplier at 35th out of 60 suppliers in the state for best average electricity rate. There were a total of 190,598 megawatt hours sold to retail customers in 2019 by the company. The electricity sourced by Escambia River Electric Cooperative is made up of primarily wholesale purchased megawatt hours, with 202,859 megawatt hours procured by the company. In 2019, the provider made 97.91% of their revenue from retail electricity sales to end users. Their total revenue from electricity activities was $26,282,000.

Patrons of the supplier pay an average monthly residential electric bill of $179.13. This is 35.00% higher than the national average bill of $132.69. The supplier is not associated with any power facilities and all of the electricity that they sell to their customers must be purchased from other providers.