Electricity Rates in Greenwood, FL

The average residential electricity rate in Greenwood, FL is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 13.3% above the Florida state average.

Avg. Residential Rate 17.0¢/kWh
vs. Florida Avg. +13.3%
vs. National Avg. -4.4%
Providers 2

Electricity Providers in Greenwood

Utility Residential Rate Commercial Rate Type
Florida Public Utilities Co 18.0¢/kWh 16.0¢/kWh Investor Owned
West Florida El Coop Assn, Inc 16.0¢/kWh 15.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

Greenwood monthly bill $150.62
Greenwood annual cost $1807.44
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Greenwood

At 17.0¢/kWh, a typical Greenwood household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

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

EV Charging Costs in Greenwood

Charging an electric vehicle at home in Greenwood costs approximately $153.00/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 Greenwood, FL?

The average residential electricity rate in Greenwood, FL is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in Greenwood?

Greenwood is served by 2 electricity providers. Florida Public Utilities Co is the largest provider in the area, though rates and availability vary by specific address.

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

Greenwood's average rate of 17.0¢/kWh is 13.3% above the Florida state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.