Lakeland Electric

About Lakeland Electric

Lakeland Electric is a municipally owned entity operating in Florida including cities like Lakeland, Auburndale, Lakeland Highlands CDP, Fuller Heights CDP, and Highland City CDP. A total of 82 industrial customer accounts, 21,985 commercial customer accounts and 112,176 residential customer accounts receive their electricity from the company. Lakeland Electric bills their consumers a residential electricity rate of 9.82 cents per kilowatt hour on average, which is 16.92% lower than the average Florida rate of 11.82 cents. Around 138,706 megawatt hours were sold to other suppliers via the wholesale market in 2020. Electricity facilities owned by Lakeland Electric generated 2,461,449 megawatt hours and an additional 290,820 megawatt hours were purchased by way of wholesale channels. Their total revenue for 2020 from electricity related activities was $296,281,100, with $274,458,900 coming from retail sales to end users and $2,585,200 from wholesale electricity sales.

Patrons of the provider have an average monthly residential electric bill of $117.62. This is 12.09% lower than the Florida average bill of $131.88. Based on megawatt hours generated, Lakeland Electric is the 12th largest electricity company out of 81 suppliers in the state. The provider's consumers experience an average of 1.16 electrical outages per consumer a year. These outages are on average 63.32 minutes, while the national average is 1.21 outages per consumer and 122.99 minutes per outage. Lakeland Electric generates 2,703,805.86 megawatt hours from their production facilities, which ranks them as the 12th largest producer of electricity in the state out of 53 providers.

Lakeland Electric Net Metering

Offering net metering to customers is a win-win situation for Lakeland Electric and individuals who receive their electricity from the company. Net metering allows residents to sell wattage back to the grid, making the installation of solar panels and other alternative electricity sources more financially viable.

Energy Loss

Lakeland Electric currently loses roughly 1.33% of the electricity that they produce via heat dissipation and other causes. The state of Florida has an energy loss average of 4.91% and the US average is 2.76%, giving Lakeland Electric a rank of 3rd best out of 53 suppliers who report energy loss in Florida.

Lakeland Electric Rate & Electric Bills

Lakeland Electric residential electric rates are highest in January and the highest average bill is in May.

Historical Electric Rates:

Price Per kWHAverage Bill$0.108/kWh$0.098/kWh$125.91/mo.$117.62/mo.
479th9.82¢Lakeland Electric's Average residential price per kWh
1796th$117.62Average monthly electric bill for Lakeland Electric's residential customers

Lakeland Electric Overview

  • Company Type:Municipal
  • Headquarters:501 East Lemon Street
    Lakeland, Florida 33801
    United States of America
  • CEO:Joel Ivy

Lakeland Electric Contact

Quick Facts About Lakeland Electric

Lakeland Electric is 155th in the nation out of 3510 suppliers in megawatt hours generated from coal usage.

Lakeland Electric produces 2,703,805.86 megawatt hours from non-renewable fuel sources, which is 183rd in the US out of 3510 companies.

Lakeland Electric ranks 139th in the US out of 3510 providers for total electricity generation from natural gas.

Energy provider of the year for Florida, Major Provider Category
Top 3 Shortest Average Electricity Outages
Florida, Major Provider Category
Claim Award
Energy provider of the year for Florida, Major Provider Category
Top 3 Least Outages Per Year
Florida, Major Provider Category
Claim Award
Energy provider of the year for Florida, Major Provider Category
Top 3 Least Outages Per Year
Florida, Major Provider Category
Claim Award

Energy Loss

Lakeland Electric's energy loss due to business operations.

-1.33%

Total Energy Loss

44,442MWh

102 National Rank

Grid Reliability

Length & Frequency of Lakeland Electric's Power Outages

63.32 min.

vs. national average of 122.99 min.

1.16 outages/yr

vs. national average of 1.21

Lakeland Electric Energy Makeup

Lakeland Electric Coverage Map

Coverage Map Placeholder

Lakeland Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida134,243274,458,90014100%

Lakeland Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Polk County724,777612.64$139.77/mo

Power Plants Owned by Lakeland Electric

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Lakeland FL Natural Gas 2,859,797.991,772,420,436.99619.77
Lakeland FL Natural Gas 133,44377,581,400.68581.38
Lakeland FL Distillate Fuel Oil 265,883.89

Lakeland Electric Fuel Makeup

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
70.20%
COAL
Coal
Coal
Coal
29.80%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.00%

Cities Lakeland Electric Has Coverage

  • Auburndale, FL
  • Lakeland, FL
  • Polk City, FL

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

Lakeland Electric Reviews

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Lakeland Electric FAQ:

What is the average bundled electricity rate for Lakeland Electric customers?

The average bundled price of electricity for consumers of Lakeland Electric is 9.82 cents per kilowatt hour (¢/kWh).

When will Lakeland Electric power be restored?

Average outage times for Lakeland Electric are roughly 63.32 minutes per outage.

How many power plants are owned by or associated with Lakeland Electric?

There are 3 power plants owned by or associated with Lakeland Electric.

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

Consumers of Lakeland Electric pay, on average, a monthly bundled bill of $117.62.

What percentage of Lakeland Electric’s electricity is generated from nonrenewable fuels?

Lakeland Electric generates 100.00% of their electricity from nonrenewable fuels.

Who is the CEO of Lakeland Electric?

Joel Ivy is the CEO of Lakeland Electric.

What percentage of Lakeland Electric’s electricity is generated using renewable fuel sources?

Lakeland Electric produces 0% of their electricity using renewable fuel sources.

What is the phone number for Lakeland Electric?

You can reach Lakeland Electric by phone via (863) 834-9535.

What cities does Lakeland Electric provider electricity in?

Lakeland Electric supplies to 3 cities throughout the United States.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2022-01-10