Gulf Coast Electric Cooperative: Rates and Coverage Area

Gulf Coast Electric Cooperative

Electricity Rates, Plans & Statistics

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About Gulf Coast Electric Cooperative

Gulf Coast Electric Cooperative is an electric cooperative. The largest city served by the provider is Lynn Haven, but the company also supplies electricity to 6 cities in Florida. Electricity providers must regularly report the total number of customers signed on for their services to government agencies. In the most recent report the company reported 21,778 customers receiving their services. Around 20,280 of these are residential accounts and 6.88% are commercial accounts. Gulf Coast Electric Cooperative's consumers are billed an average residential electricity price of 14.05 cents per kilowatt hour, which is 9.46% lower than the average Florida rate of 15.52 cents, a welcome situation for their patrons. They had total sales and disposition of 373,108 megawatt hours in 2022, of which 354,297 megawatt hours were from sales to end users. The purchase of wholesale electricity made up 100.34% of the electricity sourced by the company. The revenue for Gulf Coast Electric Cooperative in 2022 from electricity sales was $56,872,900, with $48,742,300 from retail sales to end users.

The national average monthly residential electric bill is $132.69, while the Gulf Coast Electric Cooperative average is 23.80% higher at $164.28 per month. Gulf Coast Electric Cooperative is the 2546th ranked company in the nation for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.

Gulf Coast Electric Cooperative Net Metering

Luckily, Gulf Coast Electric Cooperative offers net metering choices to consumers. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra electricity back into the grid.

Energy Loss

Energy loss is a fact of life when working with electricity transmission. Gulf Coast Electric Cooperative currently averages a loss of around 5.04% of the total electricity they produce. These averages allow us to compare and contrast the grid efficiencies of the providers who operate around the United States. Gulf Coast Electric Cooperative has received a rank of 30th best out of 53 providers who report energy loss in Florida.

Gulf Coast Electric Cooperative Rate & Electric Bills

Gulf Coast Electric Cooperative residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.124/kWh$164.28/mo.$137.42/mo.
1948th14.05¢Gulf Coast Electric Cooperative's Average residential price per kWh
2546th$164.28Average monthly electricity bill for Gulf Coast Electric Cooperative's residential customers

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Gulf Coast Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:722 West Highway 22
    Wewahitchka, Florida 32465
    United States of America
  • CEO:John Bartley

Gulf Coast Electric Cooperative Contact

Gulf Coast Electric Cooperative Service

Energy Loss

Gulf Coast Electric Cooperative's energy loss due to business operations.

-5.04%

Total Energy Loss

18,811MWh

900 National Rank

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Gulf Coast Electric Cooperative Coverage Map

Coverage Map Placeholder

Gulf Coast Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida21,77848,742,30039100%

Gulf Coast Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bay County185,134315.53$160.73/mo
Calhoun County13,863515.79$159.76/mo
Gulf County15,205216.47$176.96/mo
Washington County24,906314.43$147.88/mo

Cities Gulf Coast Electric Cooperative Has Coverage

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

Gulf Coast Electric Cooperative Reviews

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Gulf Coast Electric Cooperative FAQ:

How many counties does Gulf Coast Electric Cooperative have customers in to?

Gulf Coast Electric Cooperative supplies electricity to customers in 4 counties.

How much is the average bundled bill for Gulf Coast Electric Cooperative customers each month?

The average monthly bundled electric bill for customers of Gulf Coast Electric Cooperative is $164.28. The state average bundled bill is $168.60 and the nationwide average is $168.60.

What is the phone number for Gulf Coast Electric Cooperative?

The Gulf Coast Electric Cooperative phone number is (850) 639-2216.

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

Gulf Coast Electric Cooperative's current average bundled electricity rate is 14.05 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 15.52 cents and the average national rate of 15.64 cents.

Who is the CEO of Gulf Coast Electric Cooperative?

Gulf Coast Electric Cooperative's CEO is John Bartley.

What cities does Gulf Coast Electric Cooperative offer service in?

Gulf Coast Electric Cooperative supplies to 6 cities in the country including Florida.

Fernando García
Last Reviewed By: Fernando García
Published: 2023-12-06