Electricity Rates in Olustee, FL
Residents of Olustee, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Okefenoke Rural El Member Corp serves the area.
Electricity Providers in Olustee
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Okefenoke Rural El Member Corp | 14.0¢/kWh | 14.0¢/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 Olustee
At 14.0¢/kWh, a typical Olustee 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 Olustee
Charging an electric vehicle at home in Olustee 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 Olustee, FL?
The average residential electricity rate in Olustee, 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 Olustee?
Olustee is served by 1 electricity provider. Okefenoke Rural El Member Corp is the largest provider in the area.
How do Olustee electricity rates compare to the rest of Florida?
Olustee'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.