Suwannee Valley Electric Cooperative

Suwannee Valley Electric Cooperative operates in 7 cities and is considered an electric cooperative. Recently, the company reported a total customer count of 27,388 accounts. Exactly 8 of these customers are industrial customers, 3,365 are commercial customers and 24,015 are residential customers. Consumers of Suwannee Valley Electric Cooperative are charged an average residential electricity rate of 12.37 cents per kilowatt hour, which is 4.64% above the average state price of 11.82 cents. They sold 530,063 megawatt hours by way of retail sales in 2020. During the same timeframe, the company acquired 554,972 megawatt hours through wholesale channels. In 2020, the company made a total of $57,427,000 from business activities relating to the sale and transfer of electricity. They had revenue of $56,912,000 from retail sales to end users.

About Suwannee Valley Electric Cooperative

Patrons of the provider have an average monthly residential electricity bill of $135.73. This is 12.88% above the US average bill of $120.24. Continued efforts by the company led to a drop in CO2 pollution of 1,039,630.49 kilograms (0.44%) over the course of the past year. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.

Suwannee Valley Electric Cooperative Net Metering

Offering net metering to customers is a win-win situation for Suwannee Valley Electric Cooperative and any individuals who get their electricity from the company. This is a positive for any consumer considering installing private solar panels, as net metering allows them to sell their unused electricity into the grid.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Suwannee Valley Electric Cooperative currently averages a loss of approximately 4.49% of the electricity they transmit. The state of Florida has an energy loss average of 4.91% and the countrywide average is 2.76%, resulting in Suwannee Valley Electric Cooperative receiving a rank of 639th worst out of 3511 suppliers reporting energy loss in the US.

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 Electric Rates:

Price Per kWHAverage Bill$0.129/kWh$0.124/kWh$142.57/mo.$133.71/mo.
982nd12.37¢Suwannee Valley Electric Cooperative's Average residential price per kWh
1208th$135.73Average monthly electric bill for Suwannee Valley Electric Cooperative's residential customers

Suwannee Valley Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:11340 100th Street
    Live Oak, Florida 32060
    United States of America
  • CEO:Michael S. McWaters

Suwannee Valley Electric Cooperative Contact

Suwannee Valley Electric Cooperative Service

Quick Facts About Suwannee Valley Electric Cooperative

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Releasing 234,104,016.53 kilograms of CO2 and other equivalent gases, Suwannee Valley Electric Cooperative comes in as the 35th worst polluting supplier in Florida out of the 37 we follow.

Energy Loss

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

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Total Energy Loss

24,909MWh

639 National Rank

Suwannee Valley Electric Cooperative Coverage Map

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Suwannee Valley Electric Cooperative 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.
Florida27,38856,912,00033100%

Suwannee Valley Electric Cooperative 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.
Columbia County71,686412.20$136.21/mo
Dixie County16,826413.20$137.39/mo
Gilchrist County18,582313.20$139.80/mo
Hamilton County14,428213.06$140.98/mo
Lafayette County8,422213.00$140.55/mo
Suwannee County44,417312.55$137.31/mo

Cities Suwannee Valley Electric Cooperative Has Coverage

  • Branford, FL
  • Jasper, FL
  • Jennings, FL
  • Lake City, FL
  • Live Oak, FL
  • Mayo, FL
  • White Springs, 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:

What is the average electricity rate for Suwannee Valley Electric Cooperative customers?

Suwannee Valley Electric Cooperatives current average electricity rate is 12.37 cents per kilowatt hour (¢/kWh), compared to the average Florida rate of 11.82 cents and the average US rate of 13.45 cents.

Who is the CEO of Suwannee Valley Electric Cooperative?

Suwannee Valley Electric Cooperative’s CEO is Michael S. McWaters.

How much is the average bill for Suwannee Valley Electric Cooperative customers each month?

Suwannee Valley Electric Cooperative currently has an average monthly electric bill of $135.73, compared to the Florida average of $131.88 and the United States average of $131.88.

How many counties does Suwannee Valley Electric Cooperative provider electricity to?

Suwannee Valley Electric Cooperative offers service in 6 counties in the country.

What is the phone number for Suwannee Valley Electric Cooperative?

The Suwannee Valley Electric Cooperative phone number is (386) 362-2226.

What cities does Suwannee Valley Electric Cooperative sell electricity to?

Suwannee Valley Electric Cooperative has customers in 7 cities throughout the United States including, Florida.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2021-08-25