Keys Energy: Rates and Coverage Area

Keys Energy

Electricity Rates, Plans & Statistics

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About Keys Energy

Keys Energy supplies electricity in Key West, Florida. The provider has 4,527 commercial accounts and 27,324 residential customers. Keys Energy's customers pay an average residential electricity rate of 14.55 cents per kilowatt hour, which is 0.15% lower than Florida's average rate of 14.58 cents. The company sold 756,529 megawatt hours in 2023 through traditional retail sales. Their total revenue in 2023 from electricity activities was $114,155,000, with 98.90% coming from retail sales to end users.

The state average monthly residential power bill is $159.88, while the Keys Energy average is 11.27% higher at $175.5 per month. Keys Energy ranks 50th in the state for average monthly bill total. Electricity generation is not part of the Keys Energy business model, as they purchase electricity at wholesale rates to then be resold to their consumers.

Keys Energy Net Metering

Keys Energy is one of 50 electric suppliers in the state who offer net metering to their customers. Installation of solar panels and other electricity sources is often too expensive for individuals. Net metering allows purchasers of these electricity sources to sell unused kilowatt hours back to the grid, making the installation of these alternative sources economically feasible.

Energy Loss

Keys Energy reported a yearly loss of about 5.10% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is part of operating in the electricity generation business and electricity providers must report these losses. This percentage of loss gives them a rank of 34th best out of 51 companies who report energy loss in the state.

Keys Energy Rate & Electric Bills

Keys Energy residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.197/kWh$0.118/kWh$303.94/mo.$109.83/mo.
1822nd14.55¢Keys Energy's Average residential price per kWh
2591st$175.5Average monthly electricity bill for Keys Energy's residential customers

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Keys Energy Overview

  • Company Type:Municipal
  • Headquarters:1001 James Street
    Key West, Florida 33040
    United States of America
  • Director/Superintendent:Lynne E. Tejeda

Keys Energy Contact

Keys Energy Service

  • States Served:
    • Florida
  • Counties Served:
    • Monroe County
  • Major Cities Served:
    • Key West
    • Stock Island CDP
    • Big Pine Key CDP
    • Big Coppitt Key CDP
    • Cudjoe Key CDP

Energy Loss

Keys Energy's energy loss due to business operations.

-5.10%

Total Energy Loss

40,838MWh

1069 National Rank

Power Outages

Currently, 0 customers are being tracked in Keys Energy.

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Customers Out:

0

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Keys Energy Coverage Map

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Keys Energy State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida31,851114,133,909.7122100%

Keys Energy County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Monroe County81,708213.76$172.63/mo

Keys Energy Reviews

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Keys Energy FAQ:

Who is the CEO of Keys Energy?

Keys Energy's current CEO is Lynne E. Tejeda.

What is the phone number for Keys Energy?

Keys Energy's customer service phone number is (305) 295-1000

What is the average bundled electricity rate for Keys Energy customers?

Keys Energy's current average bundled electricity rate is 14.55 cents per kilowatt hour (¢/kWh), compared to the average Florida bundled rate of 14.58 cents and the average US rate of 15.70 cents.

What is the average bundled bill for Keys Energy customers each month?

Consumers of Keys Energy pay, on average, a monthly bundled bill of $175.50.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-08-16