Florida Keys Electric Cooperative: Rates, Coverage Area, Emissions

Florida Keys Electric Cooperative

Electricity Rates, Plans & Statistics

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About Florida Keys Electric Cooperative

Florida Keys Electric Cooperative supplies electricity to 3 cities and is considered an electric cooperative. There are 34,380 customers of the provider. Exactly 28,579 of them are residential properties, 5,264 are commercial customer accounts and 537 of them are industrial customers. Florida Keys Electric Cooperative has an average residential electricity price of 15.57 cents per kilowatt hour, which is 0.03% higher than the average Florida price of 15.57 cents. The company sold 771,570 megawatt hours via retail sales in 2022. Electricity generation facilities owned by Florida Keys Electric Cooperative produced 839,579 of the megawatt hours sourced by the provider. Their revenue for 2022 from electricity related activities was $114,337,000, with 97.27% coming from retail sales to end users.

The average residential electricity bill for a consumer of Florida Keys Electric Cooperative is $206.48 per month. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users. Based on megawatt hours produced, Florida Keys Electric Cooperative is the 34th largest provider out of 70 electricity companies in the state.

Florida Keys Electric Cooperative Net Metering

Florida Keys Electric Cooperative allows consumers to take part in net metering programs. This makes it easier for residents in the area to install solar and other electricity options as they have the ability to sell unneeded wattage back into the grid.

Energy Loss

All companies who transmit electricity suffer from some amount of energy loss via heat dissipation or alternative factors. Florida Keys Electric Cooperative is no different, as they have a yearly loss of roughly 7.83% of the total electricity they produce. These averages enable us to compare and contrast the numerous suppliers who operate throughout the United States. Florida Keys Electric Cooperative has earned a rank of 1326th best out of 3526 companies who report energy loss in the nation and 40th best out of 51 in Florida.

Florida Keys Electric Cooperative Rate & Electric Bills

Florida Keys Electric Cooperative residential electric rates are highest in February and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.164/kWh$0.098/kWh$283.82/mo.$103.72/mo.
2202nd15.57¢Florida Keys Electric Cooperative's Average residential price per kWh
2867th$206.48Average monthly electricity bill for Florida Keys Electric Cooperative's residential customers

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Florida Keys Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:91630 Overseas Highway
    Tavernier, Florida 33070
    United States of America
  • CEO:Scott Newberry

Florida Keys Electric Cooperative Contact

Florida Keys Electric Cooperative Service

  • States Served:
    • Florida
  • Counties Served:
    • Monroe County
  • Major Cities Served:
    • Key Largo CDP
    • Marathon
    • Islamorada, Village of Islands; Florida
    • Tavernier CDP
    • North Key Largo CDP
    • Duck Key CDP
    • Key Colony Beach
    • Layton
    See all cities

Energy Loss

Florida Keys Electric Cooperative's energy loss due to business operations.

-7.83%

Total Energy Loss

65,774MWh

1326 National Rank

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Florida Keys Electric Cooperative Coverage Map

Coverage Map Placeholder

Florida Keys Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida34,380116,617,315.2222100%

Florida Keys Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Monroe County81,708216.66$212.89/mo

Cities Florida Keys Electric Cooperative Has Coverage

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

Florida Keys Electric Cooperative Reviews

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Florida Keys Electric Cooperative FAQ:

Who is the CEO of Florida Keys Electric Cooperative?

The current CEO of Florida Keys Electric Cooperative is Scott Newberry.

What is the phone number for Florida Keys Electric Cooperative?

You can reach Florida Keys Electric Cooperative by phone via (305) 852-2431.

How much is the average bundled bill for Florida Keys Electric Cooperative customers each month?

Customers of Florida Keys Electric Cooperative pay, on average, a monthly bundled bill of $206.48.

What is the average bundled electricity rate for Florida Keys Electric Cooperative customers?

The average bundled price of electricity for customers of Florida Keys Electric Cooperative is 15.57 cents per kilowatt hour (¢/kWh).

What cities does Florida Keys Electric Cooperative provider electricity in?

Florida Keys Electric Cooperative supplies in 3 cities.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-06-13