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Gulf Coast Electric Co-op electricity rates

Electric cooperative · Florida · SERC region

Residential rate
15.03¢
per kWh incl. all charges
Avg. monthly bill
$180
1,195 kWh/month
vs. Florida
-2%
state avg 15.39¢
Homes served
22K
35th cheapest of 50 in FL
Outage time
5 hr 36 min
per customer, 2025

Gulf Coast Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 21,703 homes in Florida. Its residential customers pay an average of 15.03¢/kWh including fixed and delivery charges, 16% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.

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Gulf Coast Electric Co-op bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$75.15$38.55
1,000 kWh$150.30$47.10
1,500 kWh$225.45$55.65
2,000 kWh$300.60$64.20

*Schedule A Residential Service (effective 2012-06-30, $30.00/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

Gulf Coast Electric Co-op residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Schedule A Residential Service2012-06-30$30.00 1.71¢

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

Gulf Coast Electric Co-op rate history

Gulf Coast Electric Co-op annual average residential price 11¢12¢13¢14¢16¢ 2015201720202021202320242025 2015: 12¢2017: 12¢2020: 13¢2021: 13¢2023: 14¢2024: 15¢2025: 15¢
Gulf Coast Electric Co-opFlorida avg

2015–2025: +19% change in the average residential rate (12.48¢ → 14.89¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2025Gulf Coast Electric Co-opFlorida avgU.S. avg
Outage minutes per customer (SAIDI)33671266
Outages per customer (SAIFI)2.780.861.34
Average restoration time (CAIDI)2 hr 1 min——
Outage minutes excluding major storms25762121
Gulf Coast Electric Co-op outage minutes per customer by year 9551493313521771 2019202020212022202320242025 2019: 6472020: 7522021: 16092022: 5122023: 7812024: 8282025: 336
With major eventsExcluding major events

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Gulf Coast Electric Co-op's counties, customers averaged 2 hr 56 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Gulf668562,7992025-05-27
Washington199663,9222025-08-25
Bay1795714,1422025-06-02
Jackson160443,4652025-05-10
Walton120586,0562025-10-16
Calhoun63331,0272025-10-29

Gulf Coast Electric Co-op service area

Gulf Coast Electric Co-op serves 6 counties in Florida and 35 ZIP codes.

Counties served by Gulf Coast Electric Co-op

Bay, Calhoun, Gulf, Jackson, Walton, Washington

Cities: Panama City, Lynn Haven, Callaway, Upper Grand Lagoon, Panama City Beach, Springfield, Marianna, Parker, Youngstown, Laguna Beach, Lower Grand Lagoon, Chipley, Port Saint Joe, Cedar Grove, Pretty Bayou, Tyndall Air Force Base, Blountstown, Apalachicola, Wewahitchka, Mexico Beach, Hiland Park

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Customers with daily usage data online11,235
Time-based rate programsNone reported
Net-metered solar homes254
Homes in demand response (e.g. thermostat rebates)693
Residential efficiency incentives paid (2025)$30,900
Residential energy saved by programs158 MWh

Gulf Coast Electric Co-op at a glance

OwnershipElectric cooperative
ServicesDistribution
Commercial rate13.55¢/kWh
Retail revenue (2025)$56,300,100
Electricity sold (2025)385,502 MWh
Peak demand90 MW summer · 114 MW winter
Power from own generation100% (rest purchased)
Line losses2.6%
Balancing authoritySOCO
EIA utility ID7785

Other utilities in Florida

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Frequently asked questions

What is Gulf Coast Electric Co-op's electricity rate?

Gulf Coast Electric Co-op residential customers pay an average of 15.03¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 2% below the Florida average of 15.39¢ and 16% below the U.S. average.

What is the average Gulf Coast Electric Co-op electric bill?

About $180 a month. The average Gulf Coast Electric Co-op home uses 1,195 kWh a month. At 1,000 kWh the bill would be about $150.

How many customers does Gulf Coast Electric Co-op have?

Gulf Coast Electric Co-op serves 21,703 residential customers and 23,259 customers in total in Florida, across 6 counties.

How reliable is Gulf Coast Electric Co-op?

In 2025, the average Gulf Coast Electric Co-op customer was without power for 5 hr 36 min (SAIDI) over 2.78 interruptions (SAIFI), including major storms. Excluding major event days it was 4 hr 17 min. The Florida average was 71 min and the U.S. average 4 hr 26 min.

Does Gulf Coast Electric Co-op offer net metering for solar?

Gulf Coast Electric Co-op had 254 residential net-metered customers in 2025 with 2.2 MW of capacity. Estimate solar savings at this utility's rate.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Gulf Coast Electric Co-op before making decisions.