Tri-County Electric Cooperative (Florida)

Electricity Rates, Plans & Statistics

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About Tri-County Electric Cooperative (Florida)

Tri-County Electric Cooperative (Florida) is an electricity cooperative. The largest county serviced by Tri-County Electric Cooperative (Florida) is Taylor County, but the company also operates in in 5 counties in the state. On recent government reports, the supplier reported a total of 19,081 electricity customers being supplied electricity by the company. This total is made up of 90.16% residential customer accounts, 8.40% commercial accounts and 1.44% industrial accounts. On average, Tri-County Electric Cooperative (Florida)'s residential electricity rate is 13.92 cents per kilowatt hour. This is 1.34% lower than the national average rate of 14.11 cents, ranking the supplier at 2248th best for average electricity rate out of 2923 providers in the United States. In 2020 they had retail sales of 317,797 megawatt hours. The electricity sourced by Tri-County Electric Cooperative (Florida) is made up of primarily wholesale purchased megawatt hours, with 336,704 purchased by the company. The total revenue for Tri-County Electric Cooperative (Florida) in 2020 from electricity sales was $39,043,700, with 98.89% coming from retail sales to end users.

The United States average monthly residential electric bill is $125.95, while the Tri-County Electric Cooperative (Florida) average is 4.04% lower at $120.87 per month. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.

Tri-County Electric Cooperative (Florida) Net Metering

Tri-County Electric Cooperative (Florida), fortunately, allows customers of the company to participate in net metering programs. Installation of solar panels and alternative electricity sources is often prohibitively priced for private individuals. Net metering allows purchasers of these electricity sources to sell unused electricity back into the grid, making the installation of these alternative sources financially possible.

Energy Loss

Tri-County Electric Cooperative (Florida) recently reported an annual loss of around 5.62% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity production industry and providers must report these losses. This percentage of loss results in them receiving a rank of 1057th best out of 3509 suppliers reporting energy loss in the nation.

Tri-County Electric Cooperative (Florida) Rate & Electric Bills

Tri-County Electric Cooperative (Florida) residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.144/kWh$0.139/kWh$125.96/mo.$119.50/mo.
2248th13.92¢Tri-County Electric Cooperative (Florida)'s Average residential price per kWh
1837th$120.87Average monthly electricity bill for Tri-County Electric Cooperative (Florida)'s residential customers

Tri-County Electric Cooperative (Florida) Overview

  • Company Type:Cooperative
  • Headquarters:2862 West US 90
    Madison, Florida 32340
    United States of America
  • CEO:Julius Hackett

Tri-County Electric Cooperative (Florida) Contact

Tri-County Electric Cooperative (Florida) Service

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Energy Loss

Tri-County Electric Cooperative (Florida)'s energy loss due to business operations.

-5.62%

Total Energy Loss

18,907MWh

1057 National Rank

Tri-County Electric Cooperative (Florida) Coverage Map

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Tri-County Electric Cooperative (Florida) State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida19,08138,609,20039100%

Tri-County Electric Cooperative (Florida) County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Dixie County16,759413.67$142.30/mo
Jefferson County14,510214.36$139.04/mo
Lafayette County8,226313.59$146.31/mo
Madison County17,968214.36$139.03/mo
Taylor County21,796214.36$139.03/mo

Cities Tri-County Electric Cooperative (Florida) Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Tri-County Electric Cooperative (Florida) Reviews

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Tri-County Electric Cooperative (Florida) FAQ:

What is the phone number for Tri-County Electric Cooperative (Florida)?

The Tri-County Electric Cooperative (Florida) phone number is (850) 973-2285.

What is the average bundled electricity rate for Tri-County Electric Cooperative (Florida) customers?

Tri-County Electric Cooperative (Florida)'s current average bundled electricity rate is 13.92 cents per kilowatt hour (¢/kWh), compared to the average Florida bundled rate of 12.94 cents and the average nationwide rate of 14.11 cents.

How much is the average bundled bill for Tri-County Electric Cooperative (Florida) customers each month?

Customers of Tri-County Electric Cooperative (Florida) pay, on average, a monthly bundled bill of $120.87.

How many counties does Tri-County Electric Cooperative (Florida) offer service to?

There are 5 counties that receive at least some electricity coverage by Tri-County Electric Cooperative (Florida).

What cities does Tri-County Electric Cooperative (Florida) have customers in to?

Tri-County Electric Cooperative (Florida) serves 5 cities throughout the US.

Who is the CEO of Tri-County Electric Cooperative (Florida)?

Tri-County Electric Cooperative (Florida)'s CEO is Julius Hackett.

Last Reviewed By: Fernando García
Published: 2022-08-01