Florida Keys Electric Cooperative
Electricity Rates, Plans & Statistics
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About Florida Keys Electric Cooperative
Florida Keys Electric Cooperative supplies electricity to 3 cities and is considered an electric cooperative. There are 34,981 customers of the provider. Exactly 29,119 of them are residential properties, 5,357 are commercial customer accounts and 505 of them are industrial customers. Florida Keys Electric Cooperative has an average residential electricity price of 12.66 cents per kilowatt hour, which is 11.55% lower than Florida's average price of 14.31 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 $185.4 per month. Based on megawatt hours generated, Florida Keys Electric Cooperative is the 892nd largest out of 3530 suppliers in the country. Electricity generation is not part of the Florida Keys Electric Cooperative business plan, as they purchase electricity at wholesale rates from other companies and then resell to their end users. The grid owned by the supplier has an average of 0.59 outages per consumer each year, with outages lasting roughly 29 minutes. The national average for other providers is 1.44 outages per consumer and around 123.49 minutes per outage.
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.
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:
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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
- Website:www.fkec.com
- Customer Service Phone:(305) 852-2431
- Contact Page:www.fkec.com
- Social Media:
Florida Keys Electric Cooperative Service
- Rates & Plans:www.fkec.com
- Outage Map:12.237.166.68:91
- Outage Phone:(305) 852-2431
- 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
Energy Loss
Florida Keys Electric Cooperative's energy loss due to business operations.
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.
Customers Out:
0
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Florida Keys Electric Cooperative Coverage Map
Florida Keys Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Florida | 35,032 | 103,509,592.08 | 26 | 100% |
Florida Keys Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Monroe County | 81,708 | 2 | 13.85 | $183.96/mo |
Cities Florida Keys Electric Cooperative Has Coverage
- Key Colony Beach, FL
- Layton, FL
- Marathon, FL
* City coverage generated based on government data. Always verify you can get service from the provider.
Florida Keys Electric Cooperative Reviews
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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?
Florida Keys Electric Cooperative's customer service phone number is (305) 852-2431
What is the average bundled electricity rate for Florida Keys Electric Cooperative customers?
The average bundled rate of electricity for consumers of Florida Keys Electric Cooperative is 12.66 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for Florida Keys Electric Cooperative customers each month?
Consumers of Florida Keys Electric Cooperative pay, on average, a monthly bundled bill of $185.40.
When will Florida Keys Electric Cooperative power be restored?
Average outage times for Florida Keys Electric Cooperative are around 28.995 minutes per outage.
What cities does Florida Keys Electric Cooperative sell electricity in?
Florida Keys Electric Cooperative has customers in 3 cities throughout the country including Florida.
