States › Florida › Peace River Electric Coop, Inc
electric cooperative · EIA utility 14606
Peace River Electric Coop, Inc
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
In its Form EIA-861 filing for 2024, Peace River Electric Coop, Inc, an electric cooperative, reported 57,589 residential customers in Florida, with a service territory that touches 10 counties.
Its average residential price that year was 12.35¢ per kilowatthour, 13% below the Florida average of 14.14¢ and 25% below the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $145.60 a month on average use of 1,179 kWh a month. Across Florida the average bill was $156.09 on 1,104 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
For reliability it reported a SAIDI of 1,460.4 minutes per customer with major event days included and 90.0 minutes with them excluded, calculated under IEEE 1366 standard. The median among Florida utilities reporting was 723.1 minutes with major event days; this utility's figure is 102% above that median.
The average price is down 2.9% on 2019, against up 20.9% for Florida as a whole, and down 2.4% on 2023. EIA's early release for 2025, which has not been fully edited, shows 12.84¢.
Compared with Florida, the US and other electric cooperatives
| Measure, 2024 | This utility | Electric cooperatives, US median | Florida | United States |
|---|---|---|---|---|
| Average residential price per kWh | 12.35¢ | 13.74¢ | 14.14¢ | 16.48¢ |
| Average monthly residential bill | $145.60 | $149.95 | $156.09 | $142.26 |
| Average monthly use, kWh | 1,179 | 1,126 | 1,104 | 863 |
| Residential price change, 1 year | -2.4% | — | -7.0% | +3.0% |
| Residential price change, 5 years | -2.9% | — | +20.9% | +26.7% |
| SAIDI, all events (minutes) | 1,460.4 | 263.0 | 723.1 median | 184.5 median |
| SAIDI, without major event days | 90.0 | 147.0 | 73.1 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 16 filings by electric cooperatives in Florida, the median price was 13.79¢. In Florida this utility's price ranks 31 of 36, counting from the highest.
Average price by year
Peace River Electric Coop, IncFlorida averageUS average
Year by year
| Year | ¢ per kWh | Florida ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2025 early release | 12.84¢ | 15.24¢ | $151.12 | 1,177 | 62,018 | 1.3 TWh |
| 2024 | 12.35¢ | 14.14¢ | $145.60 | 1,179 | 57,589 | 1.2 TWh |
| 2023 | 12.66¢ | 15.21¢ | $152.76 | 1,207 | 52,742 | 1.1 TWh |
| 2022 | 14.08¢ | 13.90¢ | $166.82 | 1,185 | 47,390 | 1 TWh |
| 2021 | 11.85¢ | 11.90¢ | $137.89 | 1,164 | 44,594 | 958.4 GWh |
| 2020 | 12.30¢ | 11.27¢ | $149.79 | 1,218 | 41,664 | 934.7 GWh |
| 2019 | 12.72¢ | 11.70¢ | $151.79 | 1,193 | 38,139 | 850.5 GWh |
| 2018 | 12.90¢ | 11.54¢ | $153.62 | 1,191 | 35,493 | 788.5 GWh |
| 2017 | 12.92¢ | 11.61¢ | $151.23 | 1,170 | 33,895 | 736.7 GWh |
| 2016 | 13.37¢ | 10.98¢ | $156.05 | 1,167 | 33,224 | 708.5 GWh |
| 2015 | 14.03¢ | 11.58¢ | $164.63 | 1,173 | 31,917 | 679.7 GWh |
| 2014 | 14.33¢ | 11.89¢ | $159.92 | 1,116 | 30,546 | 624.5 GWh |
| 2013 | 13.77¢ | 11.27¢ | $158.16 | 1,148 | 28,426 | 602.5 GWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 57,589 | 814.9 GWh | 69% | $100,621,000 | 12.35¢ |
| Commercial | 8,626 | 359.9 GWh | 31% | $38,529,000 | 10.71¢ |
| Industrial | 18 | 738 MWh | 0% | $169,000 | 22.90¢ |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 1.2 TWh in total, of which 0% was its own net generation and 1.2 TWh was bought wholesale; summer peak demand 252 MW.
Reliability
Minutes of sustained interruption per customer in 2024, as the utility reported them under IEEE 1366 standard. SAIFI: 5.83 interruptions per customer with major event days, 1.13 without; CAIDI 250.5 minutes per interruption. EIA's Florida total across all reporting utilities was 1,321.5 minutes with major event days and 66.4 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.
| Year | SAIDI, all events | SAIDI, no major events | SAIFI, all events | SAIFI, no major events | Method |
|---|---|---|---|---|---|
| 2025 early release | 154.8 | 154.8 | 1.62 | 1.62 | IEEE 1366 |
| 2024 | 1,460.4 | 90.0 | 5.83 | 1.13 | IEEE 1366 |
| 2023 | 146.4 | 132.5 | 1.58 | 1.56 | IEEE 1366 |
| 2022 | 1,486.6 | 171.3 | 2.02 | 1.50 | IEEE 1366 |
| 2021 | 109.0 | 109.0 | 1.05 | 1.05 | IEEE 1366 |
| 2020 | 164.4 | 129.6 | 1.72 | 1.14 | IEEE 1366 |
| 2019 | 156.6 | 156.6 | 1.84 | 1.84 | IEEE 1366 |
| 2018 | 238.7 | 200.6 | 2.64 | 2.41 | IEEE 1366 |
| 2017 | 3,398.1 | 137.4 | 3.27 | 1.47 | IEEE 1366 |
| 2016 | 183.2 | 155.6 | 1.60 | 1.48 | IEEE 1366 |
| 2015 | 159.0 | 159.0 | 1.75 | 1.75 | IEEE 1366 |
| 2014 | 121.0 | 105.8 | 1.26 | 1.23 | IEEE 1366 |
| 2013 | 155.0 | 155.0 | 1.56 | 1.56 | IEEE 1366 |
Counties in its service territory
- Brevard County
- DeSoto County
- Hardee County
- Highlands County
- Hillsborough County
- Indian River County
- Manatee County
- Osceola County
- Polk County
- Sarasota County
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in Florida
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Choctawhatche Elec Coop, Inc | Cooperative | 57,070 | 13.23¢ | $160.38 | 278.3 | 65.7 |
| Talquin Electric Coop, Inc | Cooperative | 53,881 | 14.85¢ | $167.12 | 2,516.7 | 236.4 |
| Central Florida Elec Coop, Inc | Cooperative | 32,771 | 13.62¢ | $142.77 | 4,439.9 | 158.3 |
| Florida Keys El Coop Assn, Inc | Cooperative | 28,815 | 12.94¢ | $173.62 | 50.4 | 23.3 |
| West Florida El Coop Assn, Inc | Cooperative | 26,357 | 16.36¢ | $175.36 | 568.5 | 184.1 |
| Suwannee Valley Elec Coop Inc | Cooperative | 25,934 | 15.00¢ | $165.96 | 7,274.8 | 291.2 |
| Gulf Coast Electric Coop, Inc | Cooperative | 21,220 | 14.67¢ | $175.04 | 828.1 | 422.5 |
| Clay Electric Cooperative, Inc | Cooperative | 171,179 | 13.09¢ | $159.07 | 2,142.0 | 174.0 |
All Florida utilities · Electric cooperatives nationwide
Questions and answers
How much does electricity cost from Peace River Electric Coop, Inc?
Residential customers paid an average of 12.35¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with Florida?
The Florida average residential price in 2024 was 14.14¢ and the US average 16.48¢; Peace River Electric Coop, Inc was 13% below the state figure. Among 36 utility filings with a bundled residential price in Florida, it had the 31st highest.
What is the average Peace River Electric Coop, Inc bill?
$145.60 a month in 2024, on average residential use of 1,179 kWh a month (annual revenue and sales divided by customers and by twelve). The Florida average was $156.09 on 1,104 kWh.
How reliable is Peace River Electric Coop, Inc service?
It reported 1,460.4 minutes of interruption per customer (SAIDI) including major event days and 90.0 minutes excluding them, with 5.83 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.
Is the Peace River Electric Coop, Inc price rising?
The average residential price was down 2.4% in 2024 compared with 2023 and down 2.9% compared with 2019. EIA's early, not fully edited release for 2025 shows 12.84¢.
Which counties does Peace River Electric Coop, Inc serve?
Its Form EIA-861 service territory lists 10 counties, including Brevard County, FL, DeSoto County, FL, Hardee County, FL, Highlands County, FL, Hillsborough County, FL and Indian River County, FL. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Peace River Electric Coop, Inc", utility number 14606; the 2025 row is from EIA's early release. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.