Lee County Electric Cooperative

About Lee County Electric Cooperative

Lee County Electric Cooperative has their head offices in Fort Myers, Florida and supplies electricity in 4 cities in the state. Electricity providers must regularly report the total number of customers signed on for their services to government agencies. Recently the provider listed 224,324 customers signed up to receive electricity from the company. Exactly 19,699 of these customers are commercial accounts and 204,625 are residential accounts. Lee County Electric Cooperative's patrons are charged an average residential electricity price of 10.45 cents per kilowatt hour, ranking the company at 9th out of 61 providers in Florida and 669th out of 2922 in the country. They sold 4,279,635 megawatt hours in 2020 through traditional retail sales. Of the megawatt hours they sourced, 4,427,220 megawatt hours were purchased via wholesale channels. The revenue for the company for 2020 from electricity sales was $444,735,900, with $429,208,000 from retail sales to end users.

The nationwide average monthly residential power bill is $120.98, while the Lee County Electric Cooperative average is 8.06% higher at $130.72 per month. Lee County Electric Cooperative ranks 2195th in the nation for average monthly bill amount. Customers of the supplier experience 1.35 power outages on average per year, with outages lasting around 84.47 minutes on average. The national averages for outages and duration are 1.21 outages at 122.99 minutes each. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other suppliers and then resell to their end users.