Florida Keys Electric Cooperative: Rates, Coverage Area, Emissions

Florida Keys Electric Cooperative

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Florida Keys Electric Cooperative

Florida Keys Electric Cooperative supplies electricity to 3 cities and is considered an electric cooperative. There are 34,928 customers of the provider. Exactly 29,068 of them are residential properties, 5,352 are commercial customer accounts and 508 of them are industrial customers. Florida Keys Electric Cooperative has an average residential electricity price of 12.61 cents per kilowatt hour, which is 11.56% lower than Florida's average price of 14.26 cents. This ranks the company 13th out of 59 companies in the state for lowest average electricity rate. There were a total of 778,087 megawatt hours sold via retail sales in 2023 by the supplier. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 845,914 megawatt hours were acquired by way of the wholesale electricity market. Their total revenue for 2023 from electricity activities was $101,862,000, with $98,403,000 coming from retail sales to end users.

The average residential electricity bill for a consumer of Florida Keys Electric Cooperative is $185.6 per month. Florida Keys Electric Cooperative is the 23rd largest electricity company out of 51 electricity companies in Florida based on number of customers. The provider's consumers deal with an average of 0.59 power outages per consumer each year. These outages go on for an average of 29 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes each outage.

Florida Keys Electric Cooperative Net Metering

Florida Keys Electric Cooperative allows consumers to take part in net metering programs. This makes it easier for residents in the area to install solar and other electricity options as they have the ability to sell unneeded wattage back into the grid.

Energy Loss

All companies who transmit electricity suffer from some amount of energy loss via heat dissipation or alternative factors. Florida Keys Electric Cooperative is no different, as they have a yearly loss of roughly 7.76% of the total electricity they produce. These averages enable us to compare and contrast the numerous suppliers who operate throughout the United States. Florida Keys Electric Cooperative has earned a rank of 1353rd best out of 3530 companies who report energy loss in the nation and 41st best out of 51 in Florida.

Florida Keys Electric Cooperative Rate & Electric Bills

Florida Keys Electric Cooperative residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.103/kWh$271.71/mo.$107.31/mo.
923rd12.61¢Florida Keys Electric Cooperative's Average residential price per kWh
2562nd$185.6Average monthly electricity bill for Florida Keys Electric Cooperative's residential customers

Go Solar for less than your cell phone bill.

Florida Keys Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:91630 Overseas Highway
    Tavernier, Florida 33070
    United States of America
  • CEO:Scott Newberry

Florida Keys Electric Cooperative Contact

Florida Keys Electric Cooperative Service

  • States Served:
    • Florida
  • Counties Served:
    • Monroe County
  • Major Cities Served:
    • Key Largo CDP
    • Marathon
    • Islamorada, Village of Islands; Florida
    • Tavernier CDP
    • North Key Largo CDP
    • Duck Key CDP
    • Key Colony Beach
    • Layton
    See all cities

Energy Loss

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

-7.76%

Total Energy Loss

65,649MWh

1353 National Rank

Grid Reliability

Length & Frequency of Florida Keys Electric Cooperative's Power Outages

29 min.

vs. national average of 123.49 min.

0.59 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Florida Keys Electric Cooperative.

Learn more

Customers Out:

0

Florida Keys Electric Cooperative Production, Sales, and Emissions by Fuel Types

Go Solar for less than your cell phone bill.

Florida Keys Electric Cooperative Coverage Map

Coverage Map Placeholder

Florida Keys Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida34,979102,853,562.3826100%

Florida Keys Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Monroe County81,708213.81$182.87/mo

Power Plants Owned by Florida Keys Electric Cooperative

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Marathon FL Distillate Fuel Oil -16,222.976,222.97

Florida Keys Electric Cooperative Production Fuel Makeup

DISTILLATE FUEL OIL
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
100.00%

Cities Florida Keys Electric Cooperative Has Coverage

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

Florida Keys Electric Cooperative Reviews

Write a Review of Florida Keys Electric Cooperative

Florida Keys Electric Cooperative FAQ:

Who is the CEO of Florida Keys Electric Cooperative?

The current CEO of Florida Keys Electric Cooperative is Scott Newberry.

What is the phone number for Florida Keys Electric Cooperative?

The Florida Keys Electric Cooperative phone number is (305) 852-2431.

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

Consumers of Florida Keys Electric Cooperative, on average, have an electricity bundled rate 12.61 cents per kilowatt hour (¢/kWh).

What cities does Florida Keys Electric Cooperative supply electricity in?

Florida Keys Electric Cooperative supplies to 3 cities in the nation including Florida.

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

Florida Keys Electric Cooperative currently has an average monthly bundled electric bill of $185.60, compared to the Florida average of $158.58 and the nationwide of $158.58 for bundled service.

When will Florida Keys Electric Cooperative power be restored?

The average number of minutes for an outage for Florida Keys Electric Cooperative's customers is 28.995 minutes.

How many power plants are owned by or associated with Florida Keys Electric Cooperative?

Florida Keys Electric Cooperative is associated with or owns one power plant.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-06-13