Electricity Rates in Salem, FL

The average residential electricity rate in Salem, FL is 18.0¢/kWh based on 2024 EIA data. Tri-County Electric Coop, Inc (FL) provides electricity to the area. This is 20.0% above the Florida state average.

Avg. Residential Rate 18.0¢/kWh
vs. Florida Avg. +20.0%
vs. National Avg. +1.2%
Providers 1

Electricity Providers in Salem

Utility Residential Rate Commercial Rate Type
Tri-County Electric Coop, Inc (FL) 18.0¢/kWh 17.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:

Salem monthly bill $159.48
Salem annual cost $1913.76
Florida avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Salem

At 18.0¢/kWh, a typical Salem household spends approximately $1913.76/year on electricity. Solar panels could reduce this by 50–90%.

$1435/yr estimated solar savings

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

EV Charging Costs in Salem

Charging an electric vehicle at home in Salem costs approximately $162.00/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 Salem, FL?

The average residential electricity rate in Salem, FL is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.

Who provides electricity in Salem?

Salem is served by 1 electricity provider. Tri-County Electric Coop, Inc (FL) is the largest provider in the area.

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

Salem's average rate of 18.0¢/kWh is 20.0% above the Florida state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.