Withlacoochee River Electric Cooperative

About Withlacoochee River Electric Cooperative

Withlacoochee River Electric Cooperative has their head offices in Dade City, Florida and provides electricity in 13 cities throughout Polk County, Florida. Electricity companies must regularly report the total number of customers signed up for their services to government agencies. On the most recent reports the company disclosed 256,066 customers receiving their services. Exactly 1,694 of these customers are industrial properties, 27,735 are commercial customer accounts and 226,637 are residential accounts. On average, Withlacoochee River Electric Cooperative's customers spend 12.49 cents per kilowatt hour for their residential electricity, which is 12.27% below the average Florida price of 14.23 cents. Of the 4,686,915 megawatt hours Withlacoochee River Electric Cooperative sold and dispossessed, 4,536,842 were from retail sales. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 4,686,915 megawatt hours were purchased via the wholesale electricity market. Their total revenue in 2023 from electricity activities was $549,395,000, with 95.74% coming from retail sales to end users.

Patrons of the company pay an average monthly residential power bill of $157.21. This is 10.43% more than the nationwide average of $142.37. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end users. The company's customers experience an average of 1.29 power outages per consumer a year. These outages last for an average of 92.41 minutes, while the US average is 1.44 outages per customer and 123.49 minutes per outage.