Electricity Rate in Florida (2026): 14.86c/kWh Average
Florida Electricity Rate: What You Need to Know
Florida electricity averages 14.86 cents per kWh for residential customers as of March 2026, according to the EIA Electric Power Monthly. This is 3.70c below the US average of 18.56c/kWh. The average monthly bill for Florida households is $166 based on typical usage of 1089 kWh.
Florida electricity is dominated by two large regulated monopolies: Florida Power and Light (FPL), a NextEra Energy subsidiary serving most of the state's eastern seaboard, and Duke Energy Florida serving the Tampa/Central Florida area. Florida law does not permit retail electricity choice for residential customers. Florida's average rate of 14.86c/kWh (March 2026) sits below the US average, helped by Florida's abundant natural gas supply (72% of generation). The bigger bill driver is Florida's heavy air conditioning load - average monthly consumption is 1,089 kWh, well above the national 869 kWh average, meaning bills of $166/month despite a moderate per-kWh rate. FPL has invested heavily in solar (the 'SolarTogether' community solar program) and battery storage, with cost recovery approved by the FPSC.
Generation mix: Natural gas 72%, solar 12%, nuclear 11%, coal 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.
Year-over-year change: Florida rates fell 1.5% year-over-year as of March 2026. This compares to the US average increase of 8.6% over the same period.
Regulated: You Cannot Switch Electricity Suppliers
FPL / Duke Energy Florida operates as the regulated utility in Florida. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.
Your Florida Electricity Bill Components
State pre-selected in our full bill calculator with TOU and commercial modes.
Open Bill Calculator ->