Quick Facts about Clay Electric:
- The co-op has approximately 190,000 meters, and its service area stretches into 15 North Florida counties (Alachua, Baker, Bradford, Clay, Columbia, Duval, 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 2024.
- 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 $416 million in 2023. Total Assets: $915 million as of Dec. 31, 2023. Annual Energy Sales were 3.5 billion kWh in 2023. Clay Electric's summer peak demand of approximately 852 megawatts was set on June 9, 2024. Clay Electric's winter peak demand of 970 megawatts was set on January 11, 2010.
- Financial Report for 2023 (PDF) (as reported in May 2024 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, PrePaid and a Preferred Due Date 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 is provided by Seminole Electric Cooperative, a generation and transmission co-op owned by Clay Electric and eight other electric co-ops.
Seminole’s primary resources include the Seminole Generating Station (SGS) and the Seminole Combined Cycle Facility (SCCF) in northeast Florida, the Richard J. Midulla Generating Station (MGS) in south central Florida, and Seminole’s first “Cooperative Solar” facility, located adjacent to MGS.
SGS consists of one approximately 736-megawatt coal-fired generating unit. Located just north of Palatka, SGS uses modern technology for environmental protection, including more than $530 million invested in environmental control equipment. SCCF is the new natural gas plant directly adjacent to the existing Seminole Generating Station site in Putnam County, Florida, and has a generating capacity of 1,134 megawatts.
MGS, located in Hardee County, is an 835-megawatt facility that uses natural gas as its primary fuel. The station’s 500-megawatt combined-cycle unit began commercial operation in 2002, with five 62-megawatts of fast-start peakers added in 2006.
Located next to MGS, Cooperative Solar is a 2.2-megawatt solar array comprising more than 8,000 solar photovoltaic (PV) panels. In addition to Cooperative Solar, Seminole has contracted with Florida Renewable Partners, LLC to build four new photovoltaic solar sites which are expected to generate 298 megawatts, or 74.5 megawatts per facility, enough to power approximately 60,000 homes. These new solar facilities are expected to be commercially operational in 2024.