Electricity Rates in Lorida, FL
Residents of Lorida, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Duke Energy Florida, LLC being the largest.
Electricity Providers in Lorida
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Florida, LLC | 17.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Florida Power & Light Co | 14.0¢/kWh | 11.0¢/kWh | Investor Owned |
| Peace River Electric Coop, Inc | 12.0¢/kWh | 11.0¢/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 Lorida
At 14.0¢/kWh, a typical Lorida 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 Lorida
Charging an electric vehicle at home in Lorida 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 Lorida, FL?
The average residential electricity rate in Lorida, 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 Lorida?
Lorida is served by 3 electricity providers. Duke Energy Florida, LLC is the largest provider in the area, though rates and availability vary by specific address.
How do Lorida electricity rates compare to the rest of Florida?
Lorida'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.