Electricity Rates in Lake wales, FL
The average residential electricity rate in Lake wales, FL is 17.0¢/kWh based on 2024 EIA data. Duke Energy Florida, LLC provides electricity to the area. This is 13.3% above the Florida state average.
Electricity Providers in Lake wales
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Florida, LLC | 17.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lake wales
At 17.0¢/kWh, a typical Lake wales household spends approximately $1807.44/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 wales
Charging an electric vehicle at home in Lake wales 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.
Nearby Cities in Florida
Frequently Asked Questions
What is the average electricity rate in Lake wales, FL?
The average residential electricity rate in Lake wales, 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 Lake wales?
Lake wales is served by 1 electricity provider. Duke Energy Florida, LLC is the largest provider in the area.
How do Lake wales electricity rates compare to the rest of Florida?
Lake wales'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.