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Peace River Electric Co-op electricity rates

Electric cooperative · Florida · FRCC region

Residential rate
12.96¢
per kWh incl. all charges
Avg. monthly bill
$153
1,177 kWh/month
vs. Florida
-16%
state avg 15.39¢
Homes served
62K
17th cheapest of 50 in FL
Outage time
2 hr 35 min
per customer, 2025

Peace River Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 62,018 homes in Florida. Its residential customers pay an average of 12.96¢/kWh including fixed and delivery charges, 28% 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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Peace River Electric Co-op bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$64.80$82.87
1,000 kWh$129.60$143.24
1,500 kWh$194.40$213.61
2,000 kWh$259.20$283.98

*Resedential Service (Rate R-S) (effective 2013-04-01, $22.50/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.

Peace River Electric Co-op residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Resedential Service (Rate R-S)2013-04-01$22.50 12.07¢ first 1,000 kWh, 14.07¢ after
Resedential Service - Time Of Use (Rate RS-TOU)time-of-use2013-04-01$22.50 6.7¢ (12am–12pm, 9pm–12am) · 24.7¢ (12pm–9pm) — summer weekdays

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

Peace River Electric Co-op rate history

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

2015–2025: -9% change in the average residential rate (14.03¢ → 12.84¢). Annual EIA-861 data.

Outages & reliability

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Checking live outages…

Reliability history

2025Peace River Electric Co-opFlorida avgU.S. avg
Outage minutes per customer (SAIDI)15571266
Outages per customer (SAIFI)1.620.861.34
Average restoration time (CAIDI)96 min——
Outage minutes excluding major storms15562121
Peace River Electric Co-op outage minutes per customer by year 0949189828463795 201520172019202120232025 2015: 1592016: 1832017: 33982018: 2392019: 1572020: 1642021: 1092022: 14872023: 1462024: 14602025: 155
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 Peace River Electric Co-op's counties, customers averaged 90 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Indian River1914813,6462025-05-17
Highlands171659,4922025-11-19
Polk14010013,5662025-07-14
Brevard973011,9022025-07-15
Manatee872618,9632025-08-07
Sarasota82264,9752025-10-26
DeSoto80292,4002025-01-31
Hardee72231,5002025-08-15
Hillsborough70239,0532025-08-08
Osceola66578,2852025-07-29

Peace River Electric Co-op service area

Peace River Electric Co-op serves 10 counties in Florida and 35 ZIP codes.

Counties served by Peace River Electric Co-op

Brevard, DeSoto, Hardee, Highlands, Hillsborough, Indian River, Manatee, Osceola, Polk, Sarasota

Cities: Palm Bay, Sarasota, Bradenton, Vero Beach South, Vero Beach, Lake Wales, Fish Hawk, Gulf Gate Estates, Sebring, Avon Park, Bee Ridge, Gifford, Fuller Heights, Arcadia, West Vero Corridor, Willow Oak, Southeast Arcadia, Boyette, Wimauma, Fort Meade, South Gate Ridge, Okeechobee, Fellsmere, Wauchula, Vamo, Lake Sarasota, Mulberry, South Beach, Frostproof, Bowling Green, Zolfo Springs, Crooked Lake Park

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Customers with daily usage data online62,018
Time-based rate programsTime-of-use rates
Homes on time-based rates46
Net-metered solar homes1,468
Residential energy saved by programs5 MWh

Peace River Electric Co-op at a glance

OwnershipElectric cooperative
ServicesDistribution
Commercial rate11.85¢/kWh
Industrial rate6.88¢/kWh
Retail revenue (2025)$155,015,000
Electricity sold (2025)1,251,876 MWh
Peak demand271 MW summer · 216 MW winter
Line losses4.5%
Balancing authoritySEC
EIA utility ID14606

Other utilities in Florida

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Frequently asked questions

What is Peace River Electric Co-op's electricity rate?

Peace River Electric Co-op residential customers pay an average of 12.96¢ 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 16% below the Florida average of 15.39¢ and 28% below the U.S. average.

What is the average Peace River Electric Co-op electric bill?

About $153 a month. The average Peace River Electric Co-op home uses 1,177 kWh a month. At 1,000 kWh the bill would be about $130.

How many customers does Peace River Electric Co-op have?

Peace River Electric Co-op serves 62,018 residential customers and 70,946 customers in total in Florida, across 10 counties.

How reliable is Peace River Electric Co-op?

In 2025, the average Peace River Electric Co-op customer was without power for 2 hr 35 min (SAIDI) over 1.62 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 35 min. The Florida average was 71 min and the U.S. average 4 hr 26 min.

Does Peace River Electric Co-op offer time-of-use rates?

Yes. The OpenEI rate database lists 1 time-of-use residential plan, including Resedential Service - Time Of Use (Rate RS-TOU). Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.

Does Peace River Electric Co-op offer net metering for solar?

Peace River Electric Co-op had 1,468 residential net-metered customers in 2025 with 10.6 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 Peace River Electric Co-op before making decisions.