Suwannee Valley Electric Cooperative
Electricity Rates, Plans & Statistics
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About Suwannee Valley Electric Cooperative
On average, Suwannee Valley Electric Cooperative's consumers spend 15.94 cents per kilowatt hour for their residential electricity, which is 1.14% more than the national average price of 15.76 cents. This makes the provider 2297th lowest for average electricity price out of 2892 suppliers in the country. They sold 574,237 megawatt hours via retail sales in 2022. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2022, the provider made a total of $75,018,000 from business activities relating to the sale and transfer of electricity. They had 99.29% of their revenue coming from retail sales to end users.
The average residential electricity bill for a customer of Suwannee Valley Electric Cooperative is $168.31 per month. Consumers of the provider pay a 0.58% markdown compared to other residents of Florida. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.
Consumers of Suwannee Valley Electric Cooperative have the ability to participate in net metering options. This makes it easier for people who are interested to install solar and other electricity options as they have the ability to sell unneeded wattage back to the grid.
Electricity suppliers routinely submit data for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Suwannee Valley Electric Cooperative recently reported a loss of 4.96% of the total electricity production total. Suwannee Valley Electric Cooperative's energy loss amounts give them a ranking of 26th best out of the 51 providers that operate in the state and report energy loss and 868th best out of 3526 in the country.
Suwannee Valley Electric Cooperative Rate & Electric Bills
Suwannee Valley Electric Cooperative residential electric rates are highest in February and the highest average bill is in August.
Historical Electricity Rates:
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Suwannee Valley Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:11340 100th Street
Live Oak, Florida 32060
United States of America - CEO:Michael McWaters
Suwannee Valley Electric Cooperative Contact
- Website:www.svec-coop.com
- Customer Service Phone:(800) 447-4509
- Contact Page:www.svec-coop.com
- Social Media:
Suwannee Valley Electric Cooperative Service
- Rates & Plans:www.svec-coop.com
- Outage Map:outages.svec-coop.com
- Outage Phone:(800) 752-0025
- States Served:
- Florida
- Counties Served:
- Columbia County
- Suwannee County
- Gilchrist County
- Dixie County
- Hamilton County
- Major Cities Served:
Energy Loss
Suwannee Valley Electric Cooperative's energy loss due to business operations.
Total Energy Loss
29,946MWh
868 National Rank
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Suwannee Valley Electric Cooperative Coverage Map
Suwannee Valley Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Florida | 28,984 | 78,803,064.14 | 29 | 100% |
Suwannee Valley Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Columbia County | 71,908 | 3 | 16.96 | $175.08/mo |
| Dixie County | 16,701 | 4 | 16.92 | $168.81/mo |
| Gilchrist County | 17,759 | 3 | 16.86 | $170.32/mo |
| Hamilton County | 13,973 | 2 | 17.01 | $175.04/mo |
| Lafayette County | 8,343 | 4 | 16.92 | $174.15/mo |
| Suwannee County | 43,514 | 3 | 16.63 | $172.82/mo |
Suwannee Valley Electric Cooperative Reviews
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Suwannee Valley Electric Cooperative FAQ:
How much is the average bundled bill for Suwannee Valley Electric Cooperative customers each month?
Currently, the average monthly bundled electric bill for customers of Suwannee Valley Electric Cooperative is $168.31. The state average bundled bill is $169.09 and the US average is $169.09.
What is the phone number for Suwannee Valley Electric Cooperative?
Suwannee Valley Electric Cooperative's customer service phone number is (800) 447-4509
Who is the CEO of Suwannee Valley Electric Cooperative?
Suwannee Valley Electric Cooperative's CEO is Michael McWaters.
How many counties does Suwannee Valley Electric Cooperative have customers in to?
Suwannee Valley Electric Cooperative supplies electricity to customers in 6 counties throughout the nation.
What is the average bundled electricity rate for Suwannee Valley Electric Cooperative customers?
The average bundled rate of electricity for consumers of Suwannee Valley Electric Cooperative is 15.94 cents per kilowatt hour (¢/kWh).
