Electricity Rates in Ocean reef, FL
Residents of Ocean reef, 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 Keys El Coop Assn, Inc being the largest.
Electricity Providers in Ocean reef
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Florida Keys El Coop Assn, Inc | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| 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 |
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 Ocean reef
At 13.0¢/kWh, a typical Ocean reef 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 Ocean reef
Charging an electric vehicle at home in Ocean reef 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 Ocean reef, FL?
The average residential electricity rate in Ocean reef, 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 Ocean reef?
Ocean reef is served by 3 electricity providers. Florida Keys El Coop Assn, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Ocean reef electricity rates compare to the rest of Florida?
Ocean reef'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.