Peace River Electric Coop, Inc residential customers paid an average of 12.35¢/kWh in 2024 —
13% below the Florida average of 14.14¢/kWh (EIA-861).
It served 57,589 residential customers across 10 FL counties.
Territories are fixed by address, but the cheapest nearby utility, City of Bartow (10.83¢), works out about $164/yr less at 10,800 kWh/yr.
How Peace River Electric Coop compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Peace River Electric Coop, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| City of Bartow | 10.83 | 11,613 | -1.52 | -$164 |
| City of Lakeland | 11.40 | 121,604 | -0.95 | -$102 |
| Peace River Electric Coop, Inc (this page) | 12.35 | 57,589 | — | — |
| Withlacoochee River Elec Coop | 12.35 | 229,375 | +0.00 | $0 |
| Kissimmee Utility Authority | 13.22 | 79,281 | +0.87 | +$94 |
| Florida Power & Light (FPL) | 13.71 | 5,236,277 | +1.36 | +$147 |
| Tampa Electric Co | 14.67 | 757,280 | +2.32 | +$251 |
| Orlando Utilities Comm | 15.24 | 248,683 | +2.89 | +$312 |
| Glades Electric Coop, Inc | 16.59 | 14,456 | +4.24 | +$458 |
| Duke Energy Florida, LLC | 16.63 | 1,793,067 | +4.28 | +$462 |
9 bundled utilities (≥5,000 customers) share at least one county with Peace River Electric Coop. Positive $/yr = that utility's customers pay more than Peace River Electric Coop customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where Peace River Electric Coop customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Peace River Electric Coop premium, $/yr |
|---|---|---|---|
| Polk | City of Bartow | 10.83 | +$164 |
| Osceola | Central Florida Tourism Oversight District | 11.47 | +$94 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 12.66 | 12.35 | -2.4% |
| Residential customers | 52,742 | 57,589 | +9.2% |
Ownership: Cooperative. Statewide context: Florida electricity rates.
Supply vs delivery on a Peace River Electric Coop bill
Florida is a regulated retail market — Peace River Electric Coop customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: floridapsc.com.
Counties served (FL, EIA-861 2024)
Brevard · DeSoto · Hardee · Highlands · Hillsborough · Indian River · Manatee · Osceola · Polk · Sarasota
Head-to-head comparisons
- Florida Power & Light (FPL) vs Peace River Electric Coop, Inc
- Duke Energy Florida, LLC vs Peace River Electric Coop, Inc
- Tampa Electric Co vs Peace River Electric Coop, Inc
- Orlando Utilities Comm vs Peace River Electric Coop, Inc
- Withlacoochee River Elec Coop vs Peace River Electric Coop, Inc
- City of Lakeland vs Peace River Electric Coop, Inc
- Kissimmee Utility Authority vs Peace River Electric Coop, Inc
Questions people ask
- Is Peace River Electric Coop, Inc more expensive than other Florida utilities?
- Peace River Electric Coop, Inc customers paid an average 12.35 cents/kWh in 2024 — 13% below the Florida volume-weighted average of 14.14 cents (EIA-861, bundled residential service).
- Can I switch away from Peace River Electric Coop, Inc?
- No — distribution territory is fixed by address and Florida has no residential supplier shopping. Rate changes go through the state utility commission (floridapsc.com).
- How many customers does Peace River Electric Coop, Inc have?
- 57,589 residential customers in Florida in 2024 across 10 counties, per its EIA-861 federal filing. Ownership type: co-op.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861)
and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff,
usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states
you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr
(US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes
and is not affiliated with any utility, supplier, or government agency.