Electricity Rates in Cape canaveral, FL

Residents of Cape canaveral, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Florida Power & Light Co serves the area.

Avg. Residential Rate 14.0¢/kWh
vs. Florida Avg. -6.7%
vs. National Avg. -21.3%
Providers 1

Electricity Providers in Cape canaveral

Utility Residential Rate Commercial Rate Type
Florida Power & Light Co 14.0¢/kWh 11.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Cape canaveral monthly bill $124.04
Cape canaveral annual cost $1488.48
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Cape canaveral

At 14.0¢/kWh, a typical Cape canaveral household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Cape canaveral

Charging an electric vehicle at home in Cape canaveral costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Cape canaveral, FL?

The average residential electricity rate in Cape canaveral, FL is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Cape canaveral?

Cape canaveral is served by 1 electricity provider. Florida Power & Light Co is the largest provider in the area.

How do Cape canaveral electricity rates compare to the rest of Florida?

Cape canaveral's average rate of 14.0¢/kWh is 6.7% below the Florida state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.