Electricity Rates in Otter creek, FL

Residents of Otter creek, FL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Central Florida Elec Coop, Inc serves the area.

Avg. Residential Rate 14.0¢/kWh
vs. Florida Avg. -6.7%
vs. National Avg. -21.3%
Providers 1

Electricity Providers in Otter creek

Utility Residential Rate Commercial Rate Type
Central Florida Elec Coop, Inc 14.0¢/kWh 12.0¢/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:

Otter creek monthly bill $124.04
Otter creek annual cost $1488.48
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Otter creek

At 14.0¢/kWh, a typical Otter creek household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Otter creek

Charging an electric vehicle at home in Otter creek 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.

Frequently Asked Questions

What is the average electricity rate in Otter creek, FL?

The average residential electricity rate in Otter creek, 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 Otter creek?

Otter creek is served by 1 electricity provider. Central Florida Elec Coop, Inc is the largest provider in the area.

How do Otter creek electricity rates compare to the rest of Florida?

Otter creek'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.