Electricity Rates in Cocoa, FL

Residents of Cocoa, FL benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Florida Power & Light Co being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. Florida Avg. 0.0%
vs. National Avg. -15.6%
Providers 2

Electricity Providers in Cocoa

Utility Residential Rate Commercial Rate Type
Duke Energy Florida, LLC 17.0¢/kWh 12.0¢/kWh Investor Owned
Florida Power & Light Co 14.0¢/kWh 11.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Cocoa monthly bill $132.90
Cocoa annual cost $1594.80
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Cocoa

At 15.0¢/kWh, a typical Cocoa household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

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

EV Charging Costs in Cocoa

Charging an electric vehicle at home in Cocoa costs approximately $135.00/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 Cocoa, FL?

The average residential electricity rate in Cocoa, FL is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Cocoa?

Cocoa is served by 2 electricity providers. Florida Power & Light Co is the largest provider in the area, though rates and availability vary by specific address.

How do Cocoa electricity rates compare to the rest of Florida?

Cocoa's average rate of 15.0¢/kWh is close to the Florida state average of 15.0¢/kWh. Rates are typical for the region.