Florence, Alabama Electric Utility: Rates and Coverage Area

Florence, Alabama Electric Utility

Electricity Rates, Plans & Statistics

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About Florence, Alabama Electric Utility

Florence, Alabama Electric Utility supplies electricity in Florence, Alabama and additional areas of Lauderdale County. The provider has 8 industrial customers, 41,594 residential customer accounts and 10,366 commercial customers whom they supply. Florence, Alabama Electric Utility's consumers are charged an average residential electricity price of 11.52 cents per kilowatt hour. This is, luckily, 24.43% lower than the state's average rate of 15.25 cents. In 2022 the company sold 1,157,418 megawatt hours via retail sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired by way of the wholesale market. Of the electricity sourced by the company, whole purchased made up 100.00%. Their total revenue in 2022 from electricity activities was $140,233,600, with 97.83% coming from retail sales to end users.

The average residential electric bill for a consumer of Florence, Alabama Electric Utility is $141.37 per month, while the state average is $171.78. The provider is not associated with any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Florence, Alabama Electric Utility currently averages a loss of approximately 6.36% of the total electricity they generate. Florence, Alabama Electric Utility's energy loss numbers place them at of 39th best out of the 60 providers that operate in the state and report energy loss and 1155th best out of 3526 in the country.

Florence, Alabama Electric Utility Rate & Electric Bills

Florence, Alabama Electric Utility residential electric rates are highest in August and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.137/kWh$0.096/kWh$216.58/mo.$93.93/mo.
639th11.52¢Florence, Alabama Electric Utility's Average residential price per kWh
2046th$141.37Average monthly electricity bill for Florence, Alabama Electric Utility's residential customers

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Florence, Alabama Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:110 West College Street
    Florence, Alabama 35631
    United States of America

Florence, Alabama Electric Utility Contact

Florence, Alabama Electric Utility Service

  • States Served:
    • Alabama
  • Counties Served:
    • Lauderdale County
  • Major Cities Served:

Energy Loss

Florence, Alabama Electric Utility's energy loss due to business operations.

-6.36%

Total Energy Loss

78,567MWh

1155 National Rank

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Florence, Alabama Electric Utility Coverage Map

Coverage Map Placeholder

Florence, Alabama Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Alabama51,968129,576,6189100%

Florence, Alabama Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Lauderdale County95,878111.47$141.35/mo

Florence, Alabama Electric Utility Reviews

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Florence, Alabama Electric Utility FAQ:

What is the phone number for Florence, Alabama Electric Utility?

The Florence, Alabama Electric Utility phone number is (256) 760-6512.

How much is the average bundled bill for Florence, Alabama Electric Utility customers each month?

Consumers of Florence, Alabama Electric Utility pay, on average, a monthly bundled bill of $141.37.

What is the average bundled electricity rate for Florence, Alabama Electric Utility customers?

The average bundled rate of electricity for customers of Florence, Alabama Electric Utility is 11.52 cents per kilowatt hour (¢/kWh).

Fernando García
Last Reviewed By: Fernando García
Published: 2024-06-29