Electricity Rates in Cedar key, FL
Residents of Cedar key, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Central Florida Elec Coop, Inc serves the area.
Electricity Providers in Cedar key
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Florida Elec Coop, Inc | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Cedar key
At 14.0¢/kWh, a typical Cedar key household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Cedar key
Charging an electric vehicle at home in Cedar key 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.
Nearby Cities in Florida
Frequently Asked Questions
What is the average electricity rate in Cedar key, FL?
The average residential electricity rate in Cedar key, 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 Cedar key?
Cedar key is served by 1 electricity provider. Central Florida Elec Coop, Inc is the largest provider in the area.
How do Cedar key electricity rates compare to the rest of Florida?
Cedar key'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.