West Florida Electric
Electricity Rates, Plans & Statistics
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About West Florida Electric
West Florida Electric is an electricity cooperative. The largest county serviced by West Florida Electric is Walton County, but the company also operates in in 5 counties in the state. Electricity providers must regularly report their customer counts to government agencies. Most recently the supplier disclosed 29,191 customers signed up for their services. Exactly 25,718 of these customers are residential accounts, 3,472 are commercial properties and one is an industrial customer. On average, West Florida Electric's residential electricity rate is 15.40 cents per kilowatt hour. While this is above the Florida average rate of 15.09 cents per kilowatt hour, it is below the national average of 15.61 cents. There were a total of 505,045 megawatt hours sold through retail sales in 2022 by the provider. The electricity they sourced consisted of megawatt hours acquired by way of the wholesale market. They purchased 537,301 megawatt hours on the wholesale market. The total revenue for West Florida Electric for 2022 from electricity sales was $70,525,900, with 95.21% coming from retail sales to end users.
The US average monthly residential electric bill is $133.26, while the West Florida Electric average is 20.24% higher at $160.24 per month. West Florida Electric is the 2478th ranked supplier in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
West Florida Electric, fortunately, allows customers of the company to participate in net metering programs. Installation of solar panels and alternative electricity sources is often prohibitively priced for private individuals. Net metering allows purchasers of these electricity sources to sell unused electricity back into the grid, making the installation of these alternative sources financially possible.
West Florida Electric recently reported an annual loss of around 5.89% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity production industry and providers must report these losses. This percentage of loss results in them receiving a rank of 1070th best out of 3510 suppliers reporting energy loss in the nation.
West Florida Electric Rate & Electric Bills
West Florida Electric residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
West Florida Electric Overview
- Company Type:Cooperative
- Headquarters:805 Street John’s Road
Bonifay, Florida 32425
United States of America
- CEO:Ty Peel
West Florida Electric Contact
West Florida Electric Service
- States Served:
- Counties Served:
- Walton County
- Jackson County
- Washington County
- Holmes County
- Calhoun County
- Major Cities Served:See all cities
- Table Of Contents:
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West Florida Electric's energy loss due to business operations.
Total Energy Loss
1070 National Rank
West Florida Electric Coverage Map
West Florida Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
West Florida Electric County Coverage
Cities West Florida Electric Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
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West Florida Electric FAQ:
What is the phone number for West Florida Electric?
The West Florida Electric phone number is (800) 342-7400.
What is the average bundled electricity rate for West Florida Electric customers?
West Florida Electric's current average bundled electricity rate is 15.40 cents per kilowatt hour (¢/kWh), compared to the average Florida bundled rate of 15.09 cents and the average nationwide rate of 15.61 cents.
How much is the average bundled bill for West Florida Electric customers each month?
Customers of West Florida Electric pay, on average, a monthly bundled bill of $160.24.
How many counties does West Florida Electric offer service to?
There are 5 counties that receive at least some electricity coverage by West Florida Electric.
What cities does West Florida Electric have customers in to?
West Florida Electric serves 22 cities throughout the US.
Who is the CEO of West Florida Electric?
West Florida Electric's CEO is Ty Peel.