Electricity Rates in Palm beach, FL
Residents of Palm beach, FL benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with City of Lake Worth Beach - (FL) being the largest.
Electricity Providers in Palm beach
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Lake Worth Beach - (FL) | 13.0¢/kWh | 14.0¢/kWh | Municipal |
| Florida Power & Light Co | 14.0¢/kWh | 11.0¢/kWh | Investor Owned |
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 Palm beach
At 13.0¢/kWh, a typical Palm beach 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 Palm beach
Charging an electric vehicle at home in Palm beach 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 Palm beach, FL?
The average residential electricity rate in Palm beach, 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 Palm beach?
Palm beach is served by 2 electricity providers. City of Lake Worth Beach - (FL) is the largest provider in the area, though rates and availability vary by specific address.
How do Palm beach electricity rates compare to the rest of Florida?
Palm beach'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.