Florida · Investor Owned
Florida Power & Light Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 13.71¢
- Avg residential price / kWh
- 5.2M
- Residential customers
- -3.4%
- vs Florida average
- $1,856
- Implied avg annual bill
Florida Power & Light Co charged an average of 13.71¢ per kWh to residential customers in 2024 - close to the Florida average and below the US average.
Florida Power & Light Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Florida customer-weighted average (-3.4%). Its customers used above the national residential norm at about 13,545 kWh a year each.
How this price compares
Ranked by price against the 41 utilities reporting residential rates in Florida, Florida Power & Light Co comes 25th of 41. The state's range runs from Tesla Inc. at 4.71¢ to Sunnova at 21.36¢, so where a household sits inside Florida depends far more on which utility serves it than on the statewide average alone.
Against the 3 other investor owned utilities reporting in Florida, which averaged 16.44¢, Florida Power & Light Co is below its own ownership class within the state (-16.6%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 41 reporting utilities.
Where Florida Power & Light Co sits among Florida utilities
2024 average residential price across the 41 utilities reporting a rate in Florida
13.71¢/kWh 40th affordability percentile More affordable than 40% of 40 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Florida Power & Light Co | 13.71¢ | - |
| Florida (customer-weighted, 41 utilities) | 14.19¢ | -3.4% |
| United States average | 16.48¢ | -16.8% |
| Investor Owned utilities nationally (183) | 17.36¢ | -21.1% |
Rate against consumption: Florida utilities
Scale and consumption
Florida Power & Light Co reported 5.2M residential customers, ranking 1st of 41 utilities in Florida by customers served and covering 50.2% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 13,545 kWh per customer per year - above the national residential norm, implying a typical annual bill near $1,856.
Within Florida the median reporting utility sells about 13,490 kWh per customer, so Florida Power & Light Co customers use +0.4% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.
Every utility reporting in Florida
All 41 utilities reporting bundled residential service in Florida, largest first, with Florida Power & Light Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Florida Power & Light Co (this page) | Investor Owned | 5.2M | 13.71¢ |
| Duke Energy Florida, LLC | Investor Owned | 1.8M | 16.63¢ |
| Tampa Electric Co | Investor Owned | 757.3K | 14.67¢ |
| JEA | Municipal | 470.6K | 12.43¢ |
| Orlando Utilities Comm | Municipal | 248.7K | 15.24¢ |
| Lee County Electric Coop, Inc - (FL) | Cooperative | 231.1K | 13.54¢ |
| Withlacoochee River Elec Coop | Cooperative | 229.4K | 12.35¢ |
| Sumter Electric Coop, Inc | Cooperative | 228.9K | 13.09¢ |
| Clay Electric Cooperative, Inc - (FL) | Cooperative | 171.2K | 13.09¢ |
| City of Lakeland - (FL) | Municipal | 121.6K | 11.40¢ |
| City of Tallahassee - (FL) | Municipal | 106.9K | 13.60¢ |
| Gainesville Regional Utilities | Municipal | 93.0K | 14.87¢ |
| Kissimmee Utility Authority | Municipal | 79.3K | 13.22¢ |
| Peace River Electric Coop, Inc | Cooperative | 57.6K | 12.35¢ |
| Choctawhatche Elec Coop, Inc | Cooperative | 57.1K | 13.23¢ |
| Talquin Electric Coop, Inc | Cooperative | 53.9K | 14.85¢ |
| City of Ocala | Municipal | 45.2K | 12.11¢ |
| Central Florida Elec Coop, Inc | Cooperative | 32.8K | 13.62¢ |
| Beaches Energy Services | Municipal | 30.4K | 12.38¢ |
| Florida Keys El Coop Assn, Inc | Cooperative | 28.8K | 12.94¢ |
| New Smyrna Beach City of | Municipal | 27.9K | 10.92¢ |
| Utility Board of the City of Key West, F | Municipal | 27.3K | 14.03¢ |
| West Florida El Coop Assn, Inc | Cooperative | 26.4K | 16.36¢ |
| City of Homestead - (FL) | Municipal | 26.1K | 12.29¢ |
| Suwannee Valley Elec Coop Inc | Cooperative | 25.9K | 15.00¢ |
| Florida Public Utilities Co | Investor Owned | 25.6K | 18.01¢ |
| City of Leesburg - (FL) | Municipal | 24.5K | 12.93¢ |
| City of Lake Worth Beach - (FL) | Municipal | 24.5K | 12.60¢ |
| Fort Pierce Utilities Authority | Municipal | 24.4K | 12.62¢ |
| Gulf Coast Electric Coop, Inc | Cooperative | 21.2K | 14.67¢ |
| Tri-County Electric Coop, Inc (FL) | Cooperative | 18.0K | 17.61¢ |
| Sunnova | Behind the Meter | 16.4K | 21.36¢ |
| Glades Electric Coop, Inc | Cooperative | 14.5K | 16.59¢ |
| Sunrun Inc. | Behind the Meter | 14.4K | 17.15¢ |
| City of Winter Park - (FL) | Municipal | 12.1K | 13.63¢ |
| Escambia River Elec Coop, Inc | Cooperative | 11.9K | 15.27¢ |
| City of Bartow - (FL) | Municipal | 11.6K | 10.83¢ |
| Okefenoke Rural El Member Corp | Cooperative | 11.1K | 13.95¢ |
| Tesla Inc. | Behind the Meter | 703 | 4.71¢ |
| Palmetto Solar, LLC | Behind the Meter | 347 | 12.90¢ |
| Central Florida Tourism Oversight District | Municipal | 9 | 11.48¢ |
For generation mix and price history statewide, see electricity rates in Florida.
Common questions about Florida Power & Light Co rates
- How much does Florida Power & Light Co charge per kWh?
- Florida Power & Light Co reported an average residential price of 13.71¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Florida Power & Light Co expensive compared with the rest of Florida?
- Its average residential price is close to the Florida customer-weighted average of 14.19¢ per kWh, a difference of -3.4%. The state figure is weighted by customers across the 41 utilities reporting residential service in Florida.
- What is the average electricity bill for Florida Power & Light Co customers?
- Dividing reported residential sales by residential customers gives about 13,545 kWh per customer per year. At the reported average price that implies roughly $1,856 a year, or about $155 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Florida Power & Light Co?
- EIA classifies Florida Power & Light Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.