Peace River Electric

About Peace River Electric

Peace River Electric is an electric cooperative headquartered in Wauchula, Florida and supplying power to customers in Florida including in cities such as North Port, Bradenton, Palmetto, Avon Park, and Memphis CDP. At the time of the most recent government reports, the supplier had a total of 50,392 electricity customers. This total is made up of 0.08% industrial customers, 17.24% commercial customer accounts and 82.68% residential accounts. Consumers of Peace River Electric spend, on average, 12.30 cents per kilowatt hour for their electricity. While this is above the Florida average rate of 11.82 cents per kilowatt hour it is less than the nationwide average of 13.26 cents. They had total sales and disposition of 988,764 megawatt hours in 2020, of which 94.54% were from 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 2020 from electricity sales was $110,178,200, with $108,288,300 coming from retail sales to end users.

The average monthly residential electricity bill for a customer of Peace River Electric is $149.79 per month. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.

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 5.46% of the electricity that they generate. This percentage of electricity lost results in them receiving a rank of 1018th best out of 3510 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$0.123/kWh$153.62/mo.$149.79/mo.
1659th12.30¢Peace River Electric's Average residential price per kWh
2606th$149.79Average 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

Energy Loss

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

-5.46%

Total Energy Loss

54,032MWh

1018 National Rank

Peace River Electric Coverage Map

Coverage Map Placeholder

Peace River Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida50,392108,288,30020100%

Peace River Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Brevard County601,942312.59$138.28/mo
DeSoto County38,001211.38$132.36/mo
Hardee County26,937413.01$146.53/mo
Highlands County106,221413.61$148.90/mo
Hillsborough County1,471,968312.21$136.75/mo
Indian River County159,923211.39$132.46/mo
Manatee County403,253311.82$140.84/mo
Okeechobee County42,168413.20$145.19/mo
Osceola County375,751513.14$142.34/mo
Polk County724,777612.64$139.77/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.

Peace River Electric Reviews

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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 bundled bill for Peace River Electric customers each month?

Peace River Electric currently has an average monthly bundled electric bill of $149.79, compared to the Florida average of $131.88 and the nationwide of $131.88 for bundled service.

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

Peace River Electrics current average bundled electricity rate is 12.30 cents per kilowatt hour (¢/kWh), compared to the average Florida bundled rate of 11.82 cents and the average United States rate of 13.26 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: 2022-01-10