Due to the continuing rise of natural gas prices, Clay Electric Cooperative will implement an increase in its rates, beginning with May billing cycles. This is the second rate... Continue Reading ›

A forecast team from Colorado State University has predicted an above-average level of activity in the Atlantic basin this hurricane season. The CSU Tropical Meteorology... Continue Reading ›

Due to rising costs to generate power, Clay Electric Cooperative will implement an increase in its rates, beginning with April billing cycles. Members using the industry household... Continue Reading ›

Members are invited to the co-op’s 84th Annual Meeting on Saturday, March 26 at the football stadium at Keystone Heights Junior/Senior High School. Gates will open at 8:30 a.m.... Continue Reading ›

The 84th Annual Meeting video report is now available. The video features an overview of the past year and the announcement of trustee election results. We will also announce the... Continue Reading ›

Clay Electric Cooperative’s Board of Trustees has declared a $12 million Capital Credits refund for members who received service from 1992 through 2020. Capital Credits reflect... Continue Reading ›

Quick Facts

Quick Facts about Clay Electric:

  • The co-op has approximately 183,000 member-owned accounts, and its service area stretches into 14 North Florida counties (Alachua, Baker, Bradford, Clay, Columbia, Flagler, Gilchrist, Lake, Levy, Marion, Putnam, Suwannee, Union and Volusia). The co-op has about 14,000 miles of distribution and transmission lines.
  • The co-op's Average Service Availability Index is an excellent 99.72 percent.
  • As a not-for-profit company, the co-op provides service at cost. Its rates are among the most competitive in Florida, and margins (referred to as Capital Credits) are refunded to its member-owners. A $12 million refund was declared in January 2022.
  • For rate information, access Summary of Rate Schedules (PDF) or the complete Rate Schedules (PDF) (as on file with the Florida Public Service Commission). Call the nearest Clay Electric district office for the current month's power cost adjustment.
  • Annual Revenues were $364 million in 2019. Total Assets: $746 million as of Dec. 31, 2019. Annual Energy Sales were 3.3 billion kWh in 2019. Clay Electric's summer peak demand of approximately 782 megawatts was set on July 8, 2016. Clay Electric's winter peak demand of 970 megawatts was set on January 11, 2010.
  • Financial Report for 2021 (PDF) (as reported in May 2022 Kilowatt)
  • The co-op employs more than 400 professionals in a variety of jobs. Their average length of service is about 15 years.
  • Residential services include such programs as Payment Stations provided by Fidelity Express, Electronic Funds Transfer, Average Billing and a Seniors Payment Plan.
  • Business services include special rate plans and back-up diesel generation. Contact the Business & Economic Development Team for details
  • The co-op's power supply provided by Seminole Electric Cooperative, owned by Clay Electric and eight other electric cooperatives. Seminole operates a 1300 megawatt coal-fired plant near Palatka, a 500 megawatt combined cycle generating facility and 310 megawatts of peaking capacity. The coal-fired plant features state of the art environmental controls. The combined cycle generating facility (the Richard J Midulla generating facility) is located in Hardee County and began commercial operation on January 1, 2002. The 310 megawatts of peaking capacity, consisting of five combustion turbine generating units, went into service on December 1, 2006.
  • All About Clay Electric brochure