[ Peace River Electric Coop / FL ]
Peace River Electric Coop electricity rates in Florida
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at Peace River Electric Coop's average effective residential rate (12.84¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 14.03¢ | — | 31,917 |
| 2016 | 13.37¢ | −4.7% | 33,224 |
| 2017 | 12.92¢ | −3.4% | 33,895 |
| 2018 | 12.90¢ | −0.1% | 35,493 |
| 2019 | 12.72¢ | −1.4% | 38,139 |
| 2020 | 12.30¢ | −3.3% | 41,664 |
| 2021 | 11.85¢ | −3.7% | 44,594 |
| 2022 | 14.08¢ | +18.8% | 47,390 |
| 2023 | 12.66¢ | −10.1% | 52,742 |
| 2024 | 12.35¢ | −2.5% | 57,589 |
| 2025 | 12.84¢ | +4.0% | 62,018 |
How this compares
Serves 10 counties in Florida: Brevard, DeSoto, Hardee, Highlands, Hillsborough, Indian River, Manatee, Osceola, Polk, Sarasota. 32 ZIP codes.
What the numbers show
Since 2015, Peace River Electric Coop's average residential rate has gone from 14.03¢ to 12.84¢ per kWh: −8.5% over 10 years, or about −0.9% a year. It rose in 2 of the 10 years we can compare, and the biggest one-year increase was +18.8% in 2022. The largest drop was −10.1% in 2023.
For a home using 1,103 kWh a month, the Florida average, Peace River Electric Coop's 2025 rate works out to about $1,700 a year, $314 less than at Florida's average rate of 15.21¢. Of the 37 Florida utilities in our data with a 2025 price, it is the 28th most expensive.
Peace River Electric Coop served 31,917 homes in 2015 and 62,018 in 2025 (+94.3%), under 1% of Florida's residential electricity customers.
Who sets Peace River Electric Coop's rates
Peace River Electric Coop is a member-owned electric cooperative. A board elected by its members sets its rates. In some states the Florida Public Service Commission also reviews co-op rates, but most co-op rate changes do not go through a commission rate case, so watch the co-op's own member notices and board meetings.
Commission contact: Florida Public Service Commission. How we calculate every figure on this page: methodology.
Questions
Is Peace River Electric Coop raising rates in 2026?
Peace River Electric Coop's rates are set by its member-elected board, not through a rate case at the Florida Public Service Commission, so check its own notices for a change this year. Its average residential rate moved +4.0% from 2024 to 2025.
What does Peace River Electric Coop charge per kWh?
Peace River Electric Coop's average effective residential rate was 12.84¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Florida's 2025 average was 15.21¢.
How much have Peace River Electric Coop rates gone up in five years?
+4.4% between 2020 and 2025, against +27.6% for Florida as a whole over the latest five-year window.
How many customers does Peace River Electric Coop have in Florida?
62,018 residential customers in 2025, across 10 counties including Brevard, DeSoto, Hardee, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
