Ocala Electric
Electricity Rates, Plans & Statistics
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About Ocala Electric
Ocala Electric provides electricity for Ocala, Florida and is a municipally owned entity. Ocala Electric's average residential electricity rate per kilowatt hour is 10.80 cents per kilowatt hour. This is 24.55% below Florida's average rate of 14.31 cents. The company had sales of 1,337,330 megawatt hours in 2023 via retail sales. The electricity sourced consisted of megawatt hours that they purchased on wholesale channels. They purchased 1,383,578 megawatt hours on the wholesale market. In 2023, the supplier had revenue of $128,549,400 from retail electricity sales to end users. Their total revenue from electricity related activities was $196,192,400.
Patrons of the provider pay an average residential power bill of $117.69. This is 29.26% less than the state average of $159.65. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.
Customers of Ocala Electric are able to participate in net metering, which is a positive for both parties. Net metering makes solar panel installation more economically feasible as it allows individuals to sell electricity back to the grid.
All providers who transmit electricity have some energy loss via heat depletion or alternative causes. Ocala Electric is not an exception, as they have a yearly loss of about 3.34% of the electricity they generate. The Florida average for energy loss is 5.07% and the US average is 2.43%. This leaves Ocala Electric with a ranking of 18th best out of 51 electricity providers in the state and 629th best out of 3530 companies in the country.
Ocala Electric Rate & Electric Bills
Ocala Electric residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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Ocala Electric Overview
- Company Type:Municipal
- Headquarters:1805 Northeast 30th Avenue Building 400
Ocala, Florida 34471
United States of America - Director/Superintendent:Sandra Wilson
Ocala Electric Contact
- Website:www.ocalafl.org
- Customer Service Phone:(352) 629-2489
- Contact Page:www.ocalafl.org
- Social Media:
Ocala Electric Service
- Outage Map:utilisocial.io
- Outage Phone:(352) 629-2489
- States Served:
- Florida
- Counties Served:
- Marion County
- Major Cities Served:
- Ocala
- Liberty Triangle CDP
- Silver Springs CDP
Energy Loss
Ocala Electric's energy loss due to business operations.
Total Energy Loss
46,248MWh
629 National Rank
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Ocala Electric Coverage Map
Ocala Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Florida | 58,348 | 133,932,943.86 | 20 | 100% |
Ocala Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Marion County | 396,415 | 4 | 14.27 | $148.20/mo |
Ocala Electric Reviews
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Ocala Electric FAQ:
What is the average bundled bill for Ocala Electric customers each month?
Ocala Electric currently has an average monthly bundled electric bill of $117.69, compared to the Florida average of $159.65 and the United States average of $159.65 for bundled service.
What is the phone number for Ocala Electric?
You can reach Ocala Electric by phone via (352) 629-2489.
Who is the CEO of Ocala Electric?
Sandra Wilson is the CEO of Ocala Electric.
What is the average bundled electricity rate for Ocala Electric customers?
Ocala Electric's current average bundled electricity rate is 10.80 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.31 cents and the average national rate of 16.22 cents.
