NewInsight: Investor-owned utilities charge 23% more for power

Florida Power & Light electricity rates

What homes pay Florida Power & Light for electricity, from EIA.

Investor-owned utility, 5,434,323 homes in Florida. EIA lists it as Florida Power & Light Co.

Headlines

Average price
14.8¢ a kWh
Up 3.8% on a year ago
Average bill
$166 a month
Up 3.3% on a year ago
Average use
1,119 kWh
A month. Florida 1,097 kWh
Price rank in Florida
4 of 5
1 is the most expensive

Over the 12 months to August 2026, Florida Power & Light homes paid 14.8¢ a kWh, against 15.4¢ across Florida.

Florida Power & Light vs Florida

Florida Power & LightFlorida
Average price, 12 months to August 202614.8¢15.4¢
Price in August 202614.9¢15.0¢
Average monthly bill, 12 months$166$169
Bill in August 2026$218$217
Average monthly use1,119 kWh1,097 kWh
Price change, past year+3.8%+4.4%
Price change since 2019+34%+32%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026