Suwannee Valley Electric Cooperative
Electricity Rates, Plans & Statistics
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About Suwannee Valley Electric Cooperative
Suwannee Valley Electric Cooperative is an electricity cooperative headquartered in Live Oak, Florida and serving customers in 2 cities in Florida such as the cities of Lake City, Mayo, Five Points CDP, and Day CDP. The company has 28,636 customers. There are 25,154 residential customers, 3,473 commercial accounts and 9 industrial customers. Suwannee Valley Electric Cooperative's patrons are charged an average residential electricity rate of 14.67 cents per kilowatt hour, which is 5.49% below the average state rate of 15.52 cents and 6.19% below the US average of 15.64. Of the 604,183 megawatt hours Suwannee Valley Electric Cooperative sold and dispossessed, 574,237 were from sales to end users. During the same timeframe, Suwannee Valley Electric Cooperative purchased 604,183 megawatt hours by way of wholesale channels. The revenue for the company in 2022 from electricity sales was $75,018,000, with $74,486,000 from retail sales to end users.
The average residential electricity bill for a customer of Suwannee Valley Electric Cooperative is $158.37 per month. Consumers of the provider pay a 7.70% markdown compared to other residents of Florida. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.
Consumers of Suwannee Valley Electric Cooperative have the ability to participate in net metering options. This makes it easier for people who are interested to install solar and other electricity options as they have the ability to sell unneeded wattage back to the grid.
Electricity suppliers routinely submit data for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Suwannee Valley Electric Cooperative recently reported a loss of 4.96% of the total electricity production total. Suwannee Valley Electric Cooperative's energy loss amounts give them a ranking of 26th best out of the 53 providers that operate in the state and report energy loss and 868th best out of 3517 in the country.
Suwannee Valley Electric Cooperative Rate & Electric Bills
Suwannee Valley Electric Cooperative residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
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Suwannee Valley Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:11340 100th Street
Live Oak, Florida 32060
United States of America - CEO:Michael McWaters
Suwannee Valley Electric Cooperative Contact
- Website:www.svec-coop.com
- Customer Service Phone:(800) 447-4509
- Contact Page:www.svec-coop.com
- Social Media:
Suwannee Valley Electric Cooperative Service
- Rates & Plans:www.svec-coop.com
- Outage Map:outages.svec-coop.com
- Outage Phone:(800) 752-0025
- States Served:
- Florida
- Counties Served:
- Columbia County
- Suwannee County
- Gilchrist County
- Dixie County
- Hamilton County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Suwannee Valley Electric Cooperative's energy loss due to business operations.
Total Energy Loss
29,946MWh
868 National Rank
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Suwannee Valley Electric Cooperative Coverage Map
Suwannee Valley Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Florida | 28,636 | 74,486,000 | 30 | 100% |
Suwannee Valley Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Columbia County | 71,908 | 3 | 16.72 | $175.71/mo |
| Dixie County | 16,701 | 4 | 16.30 | $165.98/mo |
| Gilchrist County | 17,759 | 3 | 16.27 | $167.63/mo |
| Hamilton County | 13,973 | 2 | 16.50 | $172.99/mo |
| Lafayette County | 8,343 | 3 | 16.34 | $171.45/mo |
| Suwannee County | 43,514 | 3 | 16.05 | $170.08/mo |
Cities Suwannee Valley Electric Cooperative Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
Suwannee Valley Electric Cooperative Reviews
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Suwannee Valley Electric Cooperative FAQ:
How much is the average bundled bill for Suwannee Valley Electric Cooperative customers each month?
Currently, the average monthly bundled electric bill for customers of Suwannee Valley Electric Cooperative is $158.37. The state average bundled bill is $168.60 and the US average is $168.60.
What is the phone number for Suwannee Valley Electric Cooperative?
Suwannee Valley Electric Cooperative's customer service phone number is (800) 447-4509
What cities does Suwannee Valley Electric Cooperative sell electricity to?
Suwannee Valley Electric Cooperative provides electricity to 2 cities in the United States.
Who is the CEO of Suwannee Valley Electric Cooperative?
The CEO of Suwannee Valley Electric Cooperative is Michael McWaters.
What is the average bundled electricity rate for Suwannee Valley Electric Cooperative customers?
Consumers of Suwannee Valley Electric Cooperative, on average, have an electricity bundled rate 14.67 cents per kilowatt hour (¢/kWh).
How many counties does Suwannee Valley Electric Cooperative have customers in in?
There are 6 counties that receive at least some electricity coverage by Suwannee Valley Electric Cooperative including Florida.
