State electricity profile · 2024
Florida Electricity
Florida's residential electricity rate is 14.14¢/kWh, 14.2% below the US average. Keep scrolling for the commercial and industrial breakdown and generation mix, per EIA filings.
- 14.14¢/kWh
- Residential rate
- -14.2%
- vs US average
- 9%
- Renewable
- 10.4M
- Customers
Verify with EIA → · Methodology
The verdict · 2024
Florida's residential electricity runs 14.14¢/kWh - 14.2% below the 16.48¢/kWh national average, cheaper than 63% of states, with 9% of its power from renewables.
Rate is the EIA state average across all 10.4M residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.
What Florida's Electricity Data Tells Us
Residential customers in Florida pay 14.14¢/kWh in 2024, serving 10.4M metered households, running 14.2% behind the national residential average of 16.48¢/kWh. On the commercial side, the rate is 10.99¢/kWh; industrial rates come in at 8.50¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Residential sales for the year came to 138.4M MWh, translating to roughly $19.6B in revenue for utilities, a useful yardstick for sizing local demand against the grid mix that serves it.
Look at where Florida's electricity actually comes from and natural gas tops the list at 76.0% of in-state production; in second place is nuclear, at 10.8% and solar in third at 8.6%. Florida's renewable share, spanning solar, wind, hydro, geothermal, and biomass, sits at 9.2% of total output, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Legacy fuels still dominate here, which tends to tie retail rates to commodity cycles.
Looking back across EIA records, residential prices in Florida moved from 10.98¢/kWh in 2016 to 14.14¢/kWh in 2024, a 28.8% shift over that window. States charging a similar rate include Kansas, North Carolina, New Mexico, a useful peer set for a sanity check. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.
-14.2%
vs the US residential average
63%
of states have higher residential rates
9%
renewable share, below the US mix
10.4M
residential customers served
How Florida compares
Cents per kWh, EIA Form 861. Pick a benchmark above to compare Florida against the US average or a peer state.
Residential Price History
| Year | Price | Change |
|---|---|---|
| 2024 | 14.14¢/kWh | -7.0% |
| 2023 | 15.21¢/kWh | +9.4% |
| 2022 | 13.90¢/kWh | +16.8% |
| 2021 | 11.90¢/kWh | +5.6% |
| 2020 | 11.27¢/kWh | -3.7% |
| 2019 | 11.70¢/kWh | +1.4% |
| 2018 | 11.54¢/kWh | -0.6% |
| 2017 | 11.61¢/kWh | +5.7% |
| 2016 | 10.98¢/kWh | - |
Energy Generation Mix
How Florida generates its electricity. Renewable sources account for 9.2% of generation.
- Natural Gas76.0%
- Nuclear10.8%
- Solarrenewable8.6%
- Coal2.9%
- Other0.8%
- Biomassrenewable0.5%
- Petroleum0.3%
- Hydrorenewable0.1%
Market Overview
Residential Revenue
$19.6B
Commercial Revenue
$10.9B
Residential Sales
138.4M MWh
Residential Customers
10.4M
Frequently Asked Questions
How much does electricity cost in Florida? ▼
How much of Florida's electricity is renewable? ▼
Are electricity prices going up in Florida? ▼
What are commercial and industrial electricity rates in Florida? ▼
What is the cheapest energy source in Florida? ▼
Where does RateWatt's Florida electricity data come from? ▼
States with Similar Electricity Prices
Using Florida's numbers
This is the state average, use it as a benchmark, not a quote for your address.
- Florida sits 14.2% below the national average, see exactly where it lands among all 50 states. See the rankings
- Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Florida price trend
- Compare Florida side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator
Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.
Energy Guides
Understanding Electricity Rates
What ¢/kWh means and how your bill is calculated
Why Prices Vary by State
Generation mix, regulation, and geography
US Energy Sources Explained
How each fuel source powers the grid
Renewable vs Fossil Fuel Costs
LCOE comparison and the cost crossover
Cheapest States for Electricity
Which states pay the least and why
Primary source data for Florida
Every figure on this page traces to these official federal datasets.
- 📊 EIA State Energy Profile, Florida State energy database
- ⚡ EIA Electric Power Monthly Generation and price statistics
- 🌿 EPA eGRID Power-grid emissions database
- ☀️ NREL solar resource maps Solar potential by location
- 💨 NREL wind resource maps Wind potential by location
- ⚛️ NRC reactor data Nuclear operating status
- ⚡ FERC market data Transmission and market prices
- 🏛️ NARUC commissions State public utility commissions
- 📖 EIA energy mapping system Interactive federal energy map
Related
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult 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. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.