Suwannee Valley Electric Cooperative

Electricity Rates, Plans & Statistics

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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 October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.129/kWh$0.124/kWh$142.57/mo.$133.71/mo.
1638th12.37¢Suwannee Valley Electric Cooperative's Average residential price per kWh
2318th$135.73Average monthly electricity bill for Suwannee Valley Electric Cooperative's residential customers

About Suwannee Valley Electric Cooperative

Suwannee Valley Electric Cooperative is an electricity cooperative headquartered in Live Oak, Florida and serving customers in 3 cities in Florida such as the cities of Lake City, Five Points CDP, Mayo, Branford, and Day CDP. The company has 27,388 customers. There are 24,015 residential customers, 3,365 commercial accounts and 8 industrial customers. Suwannee Valley Electric Cooperative's patrons are charged an average residential electricity rate of 12.37 cents per kilowatt hour, which is 0.46% above the average state rate of 12.31 cents and 9.53% below the US average of 13.67. Of the 554,972 megawatt hours Suwannee Valley Electric Cooperative sold and dispossessed, 530,063 were from sales to end users. During the same timeframe, Suwannee Valley Electric Cooperative purchased 554,972 megawatt hours by way of wholesale channels. The revenue for the company in 2020 from electricity sales was $57,427,000, with $56,912,000 from retail sales to end users.

The average residential electricity bill for a customer of Suwannee Valley Electric Cooperative is $135.73 per month. Consumers of the provider pay a 0.52% 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.

Suwannee Valley Electric Cooperative Net Metering

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.

Energy Loss

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 4.49% of the total electricity production total. Suwannee Valley Electric Cooperative's energy loss amounts give them a ranking of 22nd best out of the 53 providers that operate in the state and report energy loss and 777th best out of 3510 in the country.

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

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Energy Loss

Suwannee Valley Electric Cooperative's energy loss due to business operations.

-4.49%

Total Energy Loss

24,909MWh

777 National Rank

Suwannee Valley Electric Cooperative Coverage Map

Coverage Map Placeholder

Suwannee Valley Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida27,38856,912,00032100%

Suwannee Valley Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Columbia County69,698313.39$143.11/mo
Dixie County16,759413.38$138.33/mo
Gilchrist County17,864313.30$139.13/mo
Hamilton County14,004213.36$142.89/mo
Lafayette County8,226313.28$142.12/mo
Suwannee County43,474313.06$140.70/mo

Cities Suwannee Valley Electric Cooperative Has Coverage

  • Branford, FL
  • Lake City, FL
  • Mayo, FL

* 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 $135.73. The state average bundled bill is $136.36 and the US average is $136.36.

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 3 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 12.37 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.

Last Reviewed By: Nick Reese
Published: 2022-08-01