Electricity Rates in Coral gables, FL
Residents of Coral gables, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Florida Power & Light Co serves the area.
Electricity Providers in Coral gables
| 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:
Solar Savings in Coral gables
At 14.0¢/kWh, a typical Coral gables 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 Coral gables
Charging an electric vehicle at home in Coral gables 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 Coral gables, FL?
The average residential electricity rate in Coral gables, 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 Coral gables?
Coral gables is served by 1 electricity provider. Florida Power & Light Co is the largest provider in the area.
How do Coral gables electricity rates compare to the rest of Florida?
Coral gables'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.