Electricity Rates in Lake worth, FL

Residents of Lake worth, FL benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Florida Power & Light Co being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. Florida Avg. -13.3%
vs. National Avg. -26.9%
Providers 2

Electricity Providers in Lake worth

Utility Residential Rate Commercial Rate Type
City of Lake Worth Beach - (FL) 13.0¢/kWh 14.0¢/kWh Municipal
Florida Power & Light Co 14.0¢/kWh 11.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Lake worth monthly bill $115.18
Lake worth annual cost $1382.16
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Lake worth

At 13.0¢/kWh, a typical Lake worth household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Lake worth

Charging an electric vehicle at home in Lake worth 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.

Frequently Asked Questions

What is the average electricity rate in Lake worth, FL?

The average residential electricity rate in Lake worth, 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 worth?

Lake worth is served by 2 electricity providers. Florida Power & Light Co is the largest provider in the area, though rates and availability vary by specific address.

How do Lake worth electricity rates compare to the rest of Florida?

Lake worth'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.