Tri-County Electric Cooperative (Florida): Rates and Coverage Area

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 20,185 electricity customers being supplied electricity by the company. This total is made up of 90.62% residential customer accounts, 7.87% commercial accounts and 1.51% industrial accounts. On average, Tri-County Electric Cooperative (Florida)'s residential electricity rate is 17.04 cents per kilowatt hour. This is 8.05% more than the national average rate of 15.77 cents, ranking the supplier at 2488th best for average electricity rate out of 2881 providers in the United States. In 2023 they had retail sales of 355,219 megawatt hours. The electricity sourced by Tri-County Electric Cooperative (Florida) is made up of primarily wholesale purchased megawatt hours, with 371,160 purchased by the company. The total revenue for Tri-County Electric Cooperative (Florida) in 2023 from electricity sales was $50,796,300, with 96.91% coming from retail sales to end users.

The US average monthly residential electric bill is $139.96, while the Tri-County Electric Cooperative (Florida) average is 1.52% higher at $142.09 per month. Tri-County Electric Cooperative (Florida) is the 1930th ranked supplier in the country for average monthly bill amount. Customers of the company deal with 3.29 power outages each year with outages lasting an average of 348.5 minutes. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end customers.

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 4.29% 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 897th best out of 3529 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 April and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.181/kWh$0.123/kWh$200.75/mo.$88.38/mo.
2488th17.04¢Tri-County Electric Cooperative (Florida)'s Average residential price per kWh
1930th$142.09Average monthly electricity bill for Tri-County Electric Cooperative (Florida)'s residential customers

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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

Energy Loss

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

-4.29%

Total Energy Loss

15,941MWh

897 National Rank

Grid Reliability

Length & Frequency of Tri-County Electric Cooperative (Florida)'s Power Outages

348.5 min.

vs. national average of 123.49 min.

3.29 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Tri-County Electric Cooperative (Florida).

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Customers Out:

0

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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
Florida20,18548,707,737.6738100%

Tri-County Electric Cooperative (Florida) County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Dixie County16,701415.49$154.18/mo
Jefferson County14,405217.10$158.94/mo
Lafayette County8,343415.65$161.25/mo
Madison County18,051217.10$158.94/mo
Taylor County21,762217.10$158.94/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)?

You can reach Tri-County Electric Cooperative (Florida) by phone via (850) 973-2285.

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

The average bundled price of electricity for customers of Tri-County Electric Cooperative (Florida) is 17.04 cents per kilowatt hour (¢/kWh).

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 $142.09.

When will Tri-County Electric Cooperative (Florida) power be restored?

Tri-County Electric Cooperative (Florida)'s outages last, on average, about 348.498 minutes per each outage.

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

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

How many counties does Tri-County Electric Cooperative (Florida) sell electricity in?

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

What cities does Tri-County Electric Cooperative (Florida) supply electricity in?

Tri-County Electric Cooperative (Florida) supplies in 5 cities in the US including Florida.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06