Electricity Rates in Silver springs, FL
Residents of Silver springs, FL benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Duke Energy Florida, LLC being the largest.
Electricity Providers in Silver springs
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Florida, LLC | 17.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Sumter Electric Coop, Inc | 13.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Silver springs
At 15.0¢/kWh, a typical Silver springs household spends approximately $1594.80/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 Silver springs
Charging an electric vehicle at home in Silver springs costs approximately $135.00/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 Silver springs, FL?
The average residential electricity rate in Silver springs, FL is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Silver springs?
Silver springs 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 Silver springs electricity rates compare to the rest of Florida?
Silver springs's average rate of 15.0¢/kWh is close to the Florida state average of 15.0¢/kWh. Rates are typical for the region.