By Steven Johnson | ECT Staff Writer Electric Co-op Today Editor’s note: In a special report, ECT.coop and RE Magazine look at the effect of EPA’s Clean Power Plan on a... Continue Reading ›
As a member of a not-for-profit electric cooperative, you receive electricity at cost! Clay Electric's cost of power is among the lowest in the state. Comparison surveys throughout 2014 indicated that Clay Electric's residential rate for 1000 kWh is one of the lowest among electric cooperatives in Florida.
When you factor in the co-op's 2015 Capital Credits refund of $5.25 million, the co-op's rates get even better for entitled members.
As a member-owner of a not-for-profit cooperative, you can be assured your co-op is committed to providing the best possible rates for you.
Clay Electric's business rates are among the most competitive in Florida. Commercial and industrial rates are structured to provide the best possible service at the most competitive price. Surveys throughout 2007 in comparison with other Florida utilities indicate that Clay Electric's business rates are among the lowest in the entire state of Florida. Clay Electric's base rates have not changed since 1992.
Another benefit of service by a not-for-profit electric cooperative is that each member receives electricity at cost. Revenue that exceeds expenses (margins or Capital Credits) is assigned to the member's account on a prorated basis for refund at a later date. For almost 40 consecutive years, Clay Electric has refunded Capital Credits to entitled members. $5.25 million was refunded in 2015.
Rate Schedules as on file with the Florida Public Service Commission (PDF)
Summary Rate Schedule (PDF)
Capital Credits Refunds for Businesses
Contact Us - for the current power cost adjustment.
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