Peace River Electric

Peace River Electric is an electric cooperative operating in Florida, including cities such as North Port, Bradenton, Palmetto, Avon Park, and Memphis CDP. They currently serve residential, commercial and industrial customer accounts, with a total of 38,139 residential customers, 7,801 commercial accounts and 44 industrial accounts subscribed. On average, Peace River Electric's residential electricity rate is 12.72 cents per kilowatt hour, which is 4.55% lower than the average national price of 13.33 cents. In 2019 Peace River Electric sold 95.70% of their disposition via normal retail sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The revenue for Peace River Electric for 2019 from electricity sales was $104,021,100, with $101,760,000 coming from retail sales to end users.

About Peace River Electric

The average monthly residential electricity bill for a customer of Peace River Electric is $151.79 per month. The company's electricity sales activities over the past year resulted in a rise in CO2 emissions of around 6.48%. Peace River Electric's electricity sales are accountable for 370,305,828.55 kilograms of CO2 pollution. This is the 552nd worst emissions total out of 3511 electricity companies in the US.

Peace River Electric Net Metering

Luckily, Peace River Electric allows consumers to participate in net metering programs. Without net metering, solar panel purchased are significantly less economically realistic, as citizens have no way to sell extra energy back to their provider.

Energy Loss

Peace River Electric currently suffers from the loss of around 4.30% of the electricity that they generate. This percentage of electricity lost results in them receiving a rank of 1568th worst out of 3511 providers who report energy loss in the United States.

Peace River Electric Rate & Electric Bills

Peace River Electric residential electric rates are highest in January and the highest average bill is in September.

Historical Electric Rates:

Price Per kWHAverage Bill$0.129/kWh$0.127/kWh$153.62/mo.$151.23/mo.
2003rd12.72¢Peace River Electric's Average residential price per kWh
2802nd$151.79Average monthly electric bill for Peace River Electric's residential customers

Peace River Electric Overview

  • Company Type:Cooperative
  • Headquarters:210 Metheny Road
    Wauchula, Florida 33873
    United States of America
  • CEO:Randy Shaw

Peace River Electric Contact

Peace River Electric Service

Quick Facts About Peace River Electric

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Peace River Electric participates in the wholesale electricity market, purchasing electricity produced by other providers before reselling to their consumers.

Energy Loss

Peace River Electric's energy loss due to business operations.

-4.30%Light BulbIcon representing Light Bulb.

Total Energy Loss

38,173MWh

1568 National Rank

Peace River Electric Coverage Map

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Peace River Electric State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Florida45,984101,760,00021100%

Peace River Electric County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Brevard County601,942312.07$135.76/mo
DeSoto County38,001211.12$130.53/mo
Hardee County26,937413.14$148.06/mo
Highlands County106,221413.75$148.93/mo
Hillsborough County1,471,968312.02$136.18/mo
Indian River County159,923211.04$129.42/mo
Manatee County403,253311.53$135.92/mo
Okeechobee County42,168412.82$141.65/mo
Osceola County375,751613.11$143.43/mo
Polk County724,777611.82$132.71/mo

Cities Peace River Electric Has Coverage

  • Arcadia, FL
  • Avon Park, FL
  • Bowling Green, FL
  • Bradenton, FL
  • North Port, FL
  • Palmetto, FL
  • Wauchula, FL
  • Zolfo Springs, FL

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

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Peace River Electric FAQ:

What is the phone number for Peace River Electric?

You can reach Peace River Electric by phone via (800) 282-3824.

Who is the CEO of Peace River Electric?

Peace River Electric’s CEO is Randy Shaw.

What is the average bill for Peace River Electric customers each month?

Peace River Electric currently has an average monthly electric bill of $151.79, compared to the Florida average of $132.60 and the nationwide of $132.60.

What is the average electricity rate for Peace River Electric customers?

Peace River Electrics current average electricity rate is 12.72 cents per kilowatt hour (¢/kWh), compared to the average Florida rate of 11.76 cents and the average United States rate of 13.33 cents.

What cities does Peace River Electric provider electricity to?

Peace River Electric serves 8 cities.

How many counties does Peace River Electric offer service in?

There are 11 counties that receive at least some electricity coverage by Peace River Electric including, Florida.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2021-08-25