Electricity Rates in Oldsmar, FL

The average residential electricity rate in Oldsmar, FL is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the Florida state average.

Avg. Residential Rate 16.0¢/kWh
vs. Florida Avg. +6.7%
vs. National Avg. -10.0%
Providers 2

Electricity Providers in Oldsmar

Utility Residential Rate Commercial Rate Type
Duke Energy Florida, LLC 17.0¢/kWh 12.0¢/kWh Investor Owned
Tampa Electric Co 15.0¢/kWh 11.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

Oldsmar monthly bill $141.76
Oldsmar annual cost $1701.12
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Oldsmar

At 16.0¢/kWh, a typical Oldsmar household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

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

EV Charging Costs in Oldsmar

Charging an electric vehicle at home in Oldsmar costs approximately $144.00/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 Oldsmar, FL?

The average residential electricity rate in Oldsmar, FL is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.

Who provides electricity in Oldsmar?

Oldsmar is served by 2 electricity providers. Duke Energy Florida, LLC is the largest provider in the area, though rates and availability vary by specific address.

How do Oldsmar electricity rates compare to the rest of Florida?

Oldsmar's average rate of 16.0¢/kWh is 6.7% above the Florida state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.