Glades Electric Cooperative: Rates and Coverage Area

Glades Electric Cooperative

Electricity Rates, Plans & Statistics

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About Glades Electric Cooperative

Glades Electric Cooperative provides electricity for 5 counties in Florida. The entity is an electric cooperative. There are 14,334 residential customers, 3,628 commercial customer accounts and 517 industrial customer accounts receiving electricity from the company. Customers of Glades Electric Cooperative spend, on average, 16.84 cents per kilowatt hour for their residential electricity. This is 3.81% higher than the US average rate of 16.22 cents. The company sold 330,333 megawatt hours in 2023 through traditional retail accounts. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased via wholesale channels. They purchased 351,383 on the wholesale market. In 2023 they had total electricity related revenue of $54,226,000, with 99.24% from retail sales.

Patrons of the provider pay an average monthly residential power bill of $197.79. This is 26.60% more than the state average bill of $159.65. Electricity generation is not part of the Glades Electric Cooperative business plan, as they purchase electricity at wholesale rates from other companies and then resell to their consumers. The power grid operated by the provider experiences an average of 0.82 outages per consumer each year, with outages lasting on average 375.5 minutes. The nationwide average for other suppliers is 1.44 outages per consumer and about 123.49 minutes per outage.

Glades Electric Cooperative Net Metering

Customers of Glades Electric Cooperative are able to participate in net metering, which is a positive for both parties. Net metering makes solar panel installation more economically feasible as it allows individuals to sell electricity back to the grid.

Energy Loss

All providers who transmit electricity have some energy loss via heat depletion or alternative causes. Glades Electric Cooperative is not an exception, as they have a yearly loss of about 5.89% of the electricity they generate. The Florida average for energy loss is 5.07% and the US average is 2.43%. This leaves Glades Electric Cooperative with a ranking of 38th best out of 51 electricity providers in the state and 1199th best out of 3530 companies in the country.

Glades Electric Cooperative Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.191/kWh$0.131/kWh$262.58/mo.$114.45/mo.
2394th16.84¢Glades Electric Cooperative's Average residential price per kWh
2683rd$197.79Average monthly electricity bill for Glades Electric Cooperative's residential customers

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Glades Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:26733 US Highway 27
    Moore Haven, Florida 33471
    United States of America
  • CEO:Jeffery R. Brewington

Glades Electric Cooperative Contact

Glades Electric Cooperative Service

Energy Loss

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

-5.89%

Total Energy Loss

20,706MWh

1199 National Rank

Grid Reliability

Length & Frequency of Glades Electric Cooperative's Power Outages

375.5 min.

vs. national average of 123.49 min.

0.82 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Glades Electric Cooperative.

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Customers Out:

0

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Glades Electric Cooperative Coverage Map

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Glades Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida18,50656,542,276.4835100%

Glades Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Glades County12,183316.11$182.08/mo
Hendry County39,439415.90$182.09/mo
Highlands County105,618416.41$178.27/mo
Martin County162,006213.79$155.01/mo
Okeechobee County39,716415.75$174.37/mo

Cities Glades Electric Cooperative Has Coverage

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

Glades Electric Cooperative Reviews

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Glades Electric Cooperative FAQ:

What is the average bundled bill for Glades Electric Cooperative customers each month?

Glades Electric Cooperative currently has an average monthly bundled electric bill of $197.79, compared to the Florida average of $159.65 and the United States average of $159.65 for bundled service.

What is the phone number for Glades Electric Cooperative?

You can reach Glades Electric Cooperative by phone via (863) 946-6200.

Who is the CEO of Glades Electric Cooperative?

Jeffery R. Brewington is the CEO of Glades Electric Cooperative.

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

The average bundled rate of electricity for customers of Glades Electric Cooperative is 16.84 cents per kilowatt hour (¢/kWh).

When will Glades Electric Cooperative power be restored?

The average number of minutes for an outage for Glades Electric Cooperative's customers is 375.5 minutes.

How many counties does Glades Electric Cooperative have customers in in?

Glades Electric Cooperative supplies electricity in 5 counties.

What cities does Glades Electric Cooperative sell electricity in?

Glades Electric Cooperative serves electricity in 3 cities.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-09