Green Cove Springs Electric

Electricity Rates, Plans & Statistics

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About Green Cove Springs Electric

Green Cove Springs Electric is a municipally owned organization serving Green Cove Springs, Florida. There are a total of 4,395 customers receiving service from the supplier. These customers are made up of 3,604 residential customers and 791 commercial properties. On average, Green Cove Springs Electric bills their customers a residential electricity rate of 10.08 cents per kilowatt hour. This is 22.15% less than the state's average price of 12.94 cents, resulting in the company ranking 8th out of 61 suppliers in the state for lowest average electricity rate. In 2019 Green Cove Springs Electric had retail sales of 112,300 megawatt hours. The electricity generated in the company's power plants made up 39 of the megawatt hours sourced by the company and the purchase of wholesale electricity made up an additional 113,964. The supplier made $12,156,000 in total revenue for 2019 through retail electricity sales alone.

The state average monthly residential electricity bill is $144.67, while the Green Cove Springs Electric average is 19.08% less at $120.64 per month. This is the 26th lowest average monthly bill amount for a supplier in the state. The provider does not have ownership in any power plants and all of the power that they sell to their customers must be purchased wholesale from other providers.

Green Cove Springs Electric Net Metering

Green Cove Springs Electric allows customers of the company to participate in net metering programs. Without net metering, solar panel purchased are significantly less attractive economically, as citizens have no way to sell extra energy back to their electric company.

Green Cove Springs Electric Rate & Electric Bills

Green Cove Springs Electric residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.121/kWh$0.101/kWh$148.79/mo.$120.64/mo.
521st10.08¢Green Cove Springs Electric's Average residential price per kWh
1827th$120.64Average monthly electricity bill for Green Cove Springs Electric's residential customers

Green Cove Springs Electric Overview

  • Company Type:Municipal
  • Headquarters:321 Walnut Street
    Green Cove Springs, Florida 32043
    United States of America
  • Director/Superintendent:Andy Yeager

Green Cove Springs Electric Contact

Green Cove Springs Electric Service

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Green Cove Springs Electric Coverage Map

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Green Cove Springs Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida4,39511,293,00047100%

Green Cove Springs Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clay County218,245411.71$141.04/mo

Green Cove Springs Electric Reviews

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Green Cove Springs Electric FAQ:

What is the average bundled electricity rate for Green Cove Springs Electric customers?

Green Cove Springs Electric's current average bundled electricity rate is 10.08 cents per kilowatt hour (¢/kWh), compared to the average Florida bundled rate of 12.94 cents and the average United States rate of 14.11 cents.

Who is the CEO of Green Cove Springs Electric?

Green Cove Springs Electric's CEO is Andy Yeager.

How much is the average bundled bill for Green Cove Springs Electric customers each month?

Green Cove Springs Electric currently has an average monthly bundled electric bill of $120.64, compared to the Florida average of $144.67 and the nationwide of $144.67 for bundled service.

What is the phone number for Green Cove Springs Electric?

The Green Cove Springs Electric phone number is (904) 297-7500 ext. 4229.

Last Reviewed By: King Manalo
Published: 2022-08-01