Suwannee Valley Electric Cooperative
Electricity Rates, Plans & Statistics
High Power Bills?
Reduce or replace your electricity bill with solar
About Suwannee Valley Electric Cooperative
There are 29,463 customer accounts who are receiving service from the company. These accounts are made up of 0.03% industrial properties, 11.97% commercial customers and 88.00% residential customers. Suwannee Valley Electric Cooperative has an average residential electricity rate of 14.39 cents per kilowatt hour. While this is above the Florida average rate of 14.25 cents per kilowatt hour, it is below the US average of 16.13 cents. They sold 555,929 megawatt hours via retail sales in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023, the provider made a total of $69,559,000 from business activities relating to the sale and transfer of electricity. They had 98.81% of their revenue coming from retail sales to end users.
The average residential electricity bill for a customer of Suwannee Valley Electric Cooperative is $154.76 per month. Consumers of the provider pay a 2.40% markdown compared to other residents of Florida. The power grid managed by the company experiences an average of 4.08 outages per consumer each year, with outages lasting an average of 340 minutes. The nationwide average for other companies is 1.44 outages per consumer and roughly 123.49 minutes per outage. Electricity production is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.
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 3.76% of the total electricity production total. Suwannee Valley Electric Cooperative's energy loss amounts give them a ranking of 21st best out of the 51 providers that operate in the state and report energy loss and 740th best out of 3530 in the country.
Suwannee Valley Electric Cooperative Rate & Electric Bills
Suwannee Valley Electric Cooperative residential electric rates are highest in September and the highest average bill is in July.
Historical Electricity Rates:
Go Solar for less than your cell phone bill.
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:
Energy Loss
Suwannee Valley Electric Cooperative's energy loss due to business operations.
Total Energy Loss
21,724MWh
740 National Rank
Grid Reliability
Length & Frequency of Suwannee Valley Electric Cooperative's Power Outages
340 min.
vs. national average of 123.49 min.
4.08 outages/yr
vs. national average of 1.44
Power Outages
Currently, 0 customers are being tracked in Suwannee Valley Electric Cooperative.
Customers Out:
0
Go Solar for less than your cell phone bill.
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 | 29,476 | 71,311,625.71 | 32 | 100% |
Suwannee Valley Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Columbia County | 71,908 | 3 | 15.60 | $164.13/mo |
| Dixie County | 16,701 | 4 | 15.21 | $154.04/mo |
| Gilchrist County | 17,759 | 3 | 14.94 | $153.10/mo |
| Hamilton County | 13,973 | 2 | 15.52 | $162.89/mo |
| Lafayette County | 8,343 | 4 | 15.36 | $161.22/mo |
| Suwannee County | 43,514 | 3 | 15.22 | $161.15/mo |
Suwannee Valley Electric Cooperative Reviews
Write a Review of Suwannee Valley Electric Cooperative
Suwannee Valley Electric Cooperative FAQ:
What is the average bundled bill for Suwannee Valley Electric Cooperative customers each month?
Customers of Suwannee Valley Electric Cooperative pay, on average, a monthly bundled bill of $154.76.
What is the phone number for Suwannee Valley Electric Cooperative?
You can reach Suwannee Valley Electric Cooperative by phone via (800) 447-4509.
When will Suwannee Valley Electric Cooperative power be restored?
The average number of minutes for an outage for Suwannee Valley Electric Cooperative's customers is 340 minutes.
Who is the CEO of Suwannee Valley Electric Cooperative?
Suwannee Valley Electric Cooperative's CEO is Michael McWaters.
How many counties does Suwannee Valley Electric Cooperative have customers in to?
Suwannee Valley Electric Cooperative supplies electricity to customers in 6 counties throughout the nation.
What is the average bundled electricity rate for Suwannee Valley Electric Cooperative customers?
The average bundled rate of electricity for consumers of Suwannee Valley Electric Cooperative is 14.39 cents per kilowatt hour (¢/kWh).
