Reedy Creek Improvement District

About Reedy Creek Improvement District

Reedy Creek Improvement District is a municipally owned organization providing electricity in 2 cities throughout Florida. Electricity providers must regularly report their customer counts to government agencies. Recently the provider reported a total of 1,516 commercial customers and 9 residential customers signed on to receive electricity from the company, which makes up the whole of their customers. Reedy Creek Improvement District's average residential electricity price per kilowatt hour is 11.75 cents per kilowatt hour, which is 24.54% less than the average Florida price of 15.57 cents and 25.45% lower than the nationwide average of 15.76. The company sold 1,160,074 megawatt hours through retail sales in 2022. The electricity sourced by the company is made up of multiple electricity sources including 216 megawatt hours generated by power plants owned by the company and 1,159,858 megawatt hours procured via wholesale channels. The company earned $104,712,000 in 2022, which they earned entirely from electricity sales to end users.

The Florida average monthly residential electric bill is $169.09, while the Reedy Creek Improvement District average is 36.53% lower at $119.66 per month. This is the 7th lowest average monthly bill amount for a supplier in Florida. Electricity generation plants managed by the supplier use non-renewable fuels to generate 100.00% of their total electricity generation, or 216 megawatt hours. This total ranks them at 493rd out of 3526 providers in the nation. The provider does not have ownership in any electricity facilities and all of the power that they sell to their consumers must be purchased wholesale from other suppliers. The provider's production plants produce 216 megawatt hours from natural gas as the fuel source. This amount makes them 22nd highest provider out of 51 in Florida for total natural gas generation.