Electricity Rates in Holt, FL
Residents of Holt, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Choctawhatche Elec Coop, Inc being the largest.
Electricity Providers in Holt
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Choctawhatche Elec Coop, Inc | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Escambia River Elec Coop, Inc | 15.0¢/kWh | 14.0¢/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 Holt
At 14.0¢/kWh, a typical Holt 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 Holt
Charging an electric vehicle at home in Holt 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 Holt, FL?
The average residential electricity rate in Holt, 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 Holt?
Holt is served by 2 electricity providers. Choctawhatche Elec Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Holt electricity rates compare to the rest of Florida?
Holt'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.