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 237,333 customers signed up to receive electricity from the company. Exactly 22,227 of these customers are commercial accounts and 215,106 are residential accounts. Lee County Electric Cooperative's patrons are charged an average residential electricity price of 13.43 cents per kilowatt hour, ranking the company at 19th out of 60 providers in Florida and 1695th out of 2893 in the country. They sold 4,419,078 megawatt hours in 2022 through traditional retail sales. Of the megawatt hours they sourced, 4,498,743 megawatt hours were purchased via wholesale channels. The revenue for the company for 2022 from electricity sales was $591,666,200, with $573,687,400 from retail sales to end users.

The nationwide average monthly residential power bill is $132.69, while the Lee County Electric Cooperative average is 24.04% higher at $164.59 per month. Lee County Electric Cooperative ranks 2551st in the nation for average monthly bill amount. Customers of the supplier experience 1.03 power outages on average per year, with outages lasting around 71.43 minutes on average. The national averages for outages and duration are 1.27 outages at 137.24 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.