Fort Meade, Florida Electric Utility: Rates and Coverage Area

Fort Meade, Florida Electric Utility

Electricity Rates, Plans & Statistics

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About Fort Meade, Florida Electric Utility

Fort Meade, Florida Electric Utility is a municipally owned entity supplying electricity in Fort Meade in Polk County, Florida. Electricity companies must regularly report their customer counts to government agencies. In the most recent report the company reported a total of 2,829 customers signed on for their services. Exactly 2,432 of these customers are residential properties, 396 are commercial accounts and one is an industrial customer. The residential electricity price for patrons of Fort Meade, Florida Electric Utility is, on average, 16.51 cents per kilowatt hour. This is, sadly, 7.06% higher than Florida's average rate of 15.42 cents, which ranks the supplier 50th out of 60 companies in Florida for lowest average electricity rate. They sold 41,967 megawatt hours in 2019 via retail accounts. The electricity sourced consisted of megawatt hours that they purchased by way of the wholesale electricity market. They purchased 41,967 wholesale megawatt hours. Through sales to retail customers , They earned $5,326,400 in 2019.

The Florida average monthly residential power bill is $168.08, while the Fort Meade, Florida Electric Utility average is 2.79% higher at $164.36 per month. Fort Meade, Florida Electric Utility is the 43rd ranked supplier in the state for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.

Fort Meade, Florida Electric Utility Net Metering

Consumers of Fort Meade, Florida Electric Utility can take advantage of net metering, which is a positive for both parties. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their unneeded wattage into the grid.

Fort Meade, Florida Electric Utility Rate & Electric Bills

Fort Meade, Florida Electric Utility residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.165/kWh$0.121/kWh$164.36/mo.$124.75/mo.
2587th16.51¢Fort Meade, Florida Electric Utility's Average residential price per kWh
2551st$164.36Average monthly electricity bill for Fort Meade, Florida Electric Utility's residential customers

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Fort Meade, Florida Electric Utility Overview

  • Company Type:Municipal
  • Headquarters: 521 4th Street Northwest
    Fort Meade, Florida 33841
    United States of America
  • Director/Superintendent:Jan Bagnall

Fort Meade, Florida Electric Utility Contact

Fort Meade, Florida Electric Utility Service

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    Fort Meade, Florida Electric Utility Coverage Map

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    Fort Meade, Florida Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Florida2,8296,824,00053100%

    Fort Meade, Florida Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Polk County787,404716.58$180.59/mo

    Fort Meade, Florida Electric Utility Reviews

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    Fort Meade, Florida Electric Utility FAQ:

    What is the phone number for Fort Meade, Florida Electric Utility?

    Fort Meade, Florida Electric Utility's customer service phone number is (863) 285-1100

    What is the average bundled electricity rate for Fort Meade, Florida Electric Utility customers?

    Fort Meade, Florida Electric Utility's current average bundled electricity rate is 16.51 cents per kilowatt hour (¢/kWh), compared to the average Florida bundled rate of 15.42 cents and the average national rate of 15.59 cents.

    What is the average bundled bill for Fort Meade, Florida Electric Utility customers each month?

    Fort Meade, Florida Electric Utility currently has an average monthly bundled electric bill of $164.36, compared to the Florida average of $168.08 and the nationwide of $168.08 for bundled service.

    Who is the CEO of Fort Meade, Florida Electric Utility?

    Fort Meade, Florida Electric Utility's current CEO is Jan Bagnall.

    Fernando García
    Last Reviewed By: Fernando García
    Published: 2022-08-01