Electricity Rates in Lake panasoffkee, FL
Residents of Lake panasoffkee, FL benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. Sumter Electric Coop, Inc serves the area.
Electricity Providers in Lake panasoffkee
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Sumter Electric Coop, Inc | 13.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lake panasoffkee
At 13.0¢/kWh, a typical Lake panasoffkee household spends approximately $1382.16/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 Lake panasoffkee
Charging an electric vehicle at home in Lake panasoffkee costs approximately $117.00/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 Lake panasoffkee, FL?
The average residential electricity rate in Lake panasoffkee, FL is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Lake panasoffkee?
Lake panasoffkee is served by 1 electricity provider. Sumter Electric Coop, Inc is the largest provider in the area.
How do Lake panasoffkee electricity rates compare to the rest of Florida?
Lake panasoffkee's average rate of 13.0¢/kWh is 13.3% below the Florida state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.