Electricity Rates in Myakka city, FL
Residents of Myakka city, FL benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Florida Power & Light Co being the largest.
Electricity Providers in Myakka city
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Florida Power & Light Co | 14.0¢/kWh | 11.0¢/kWh | Investor Owned |
| Lee County Electric Coop, Inc - (FL) | 14.0¢/kWh | 11.0¢/kWh | Cooperative |
| Peace River Electric Coop, Inc | 12.0¢/kWh | 11.0¢/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 Myakka city
At 13.0¢/kWh, a typical Myakka city 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 Myakka city
Charging an electric vehicle at home in Myakka city 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 Myakka city, FL?
The average residential electricity rate in Myakka city, 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 Myakka city?
Myakka city is served by 3 electricity providers. Florida Power & Light Co is the largest provider in the area, though rates and availability vary by specific address.
How do Myakka city electricity rates compare to the rest of Florida?
Myakka city'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.