Why is electricity so cheap in Florida?

Florida pays 15.10¢/kWh for residential electricity, 17.7% below the U.S. average of 18.34¢/kWh and the #15 lowest of 51 jurisdictions. At 900 kWh a month that is about $135.90, against $165.06 at the U.S. average.

Rates are EIA residential averages through June 2026, refreshed Sep 9, 2026. The U.S. average is the EIA U.S.-total residential price; rank and region figures compare the 51 jurisdiction averages.

How Florida compares

MeasureFlorida
Residential rate (EIA, June 2026)15.10¢/kWh
U.S. average (EIA)18.34¢/kWh
Difference−17.7% (−3.24¢)
Rank among 51 jurisdictions#37 highest (#15 lowest)
South average (17 states)16.32¢/kWh
Affordability tierVery Affordable (index 95/100)
12-month changefell 1.6% (15.35¢/kWh → 15.10¢/kWh)
5-year changerose 27.1% (11.88¢/kWh → 15.10¢/kWh)

See every state in one ranked table on electricity cost per kWh by state or the South region.

What the EIA series shows for Florida

Past 12 months (June 2025 → June 2026)
The Florida residential rate fell 1.6% (−0.25¢/kWh), from 15.35¢ in June 2025 to 15.10¢ in June 2026.
Past 5 years (June 2021 → June 2026)
The rate rose 27.1% (+3.22¢/kWh), from 11.88¢ in June 2021 to 15.10¢ in June 2026.
Past 10 years (June 2016 → June 2026)
The rate rose 38.9% (+4.23¢/kWh), from 10.87¢ in June 2016 to 15.10¢ in June 2026.
Highest and lowest month on record
In this series the Florida rate peaked at 15.92¢/kWh in January 2026 and bottomed at 7.61¢/kWh in June 2002. The series covers January 2001 to June 2026.
Steepest 12-month decrease
The largest single-year move in the series ended in January 2010: the rate fell 25.8% (−3.24¢/kWh), from 12.58¢ in January 2009 to 9.34¢ in January 2010. That is when the change happened; the series does not say what caused it.
Against the rest of the country
Over the same window the unweighted average across the 51 jurisdictions with data for this period rose 34.8%, so Florida's +27.1% lagged the nationwide move by 7.7 percentage points. That gap is the part of the movement this dataset cannot attribute to a nationwide trend — it does not identify what else was involved.
Rank among jurisdictions (June 2021 → June 2026)
Measured over that identical five-year window, Florida's change is the 26th largest of the 51 jurisdictions whose series covers it — rank 1 is the biggest increase, rank 51 the biggest decrease. The rank places the movement; it does not explain it.

Between January 2001 and June 2026 the rate peaked at 15.92¢/kWh in January 2026 and bottomed at 7.61¢/kWh in June 2002.

Every month is charted on the Florida electricity price history page, with the year-over-year table and the same measured facts.

What sits on top of the rate in Florida

Florida Power & Light (FPL)'s standard residential tariff adds $10.52 a month before the first kilowatt-hour, 3.70¢/kWh in riders, and 10.0% in taxes, for an all-in 14.01¢/kWh at 900 kWh.

The line items are on hidden electricity fees and taxes for Florida.

What generally moves electricity rates

A rate series shows what changed, not why. This dataset records Florida's residential rate and nothing about what moved it, and no reviewed Florida driver analysis is published yet — so this page makes no causal claim. The factors that generally move retail rates are documented separately.

  • Fuel and purchased power. Natural gas, coal, and wholesale power prices pass through to retail rates, often with a lag of months.
  • Generation mix. Hydro and legacy nuclear tend to hold rates down; imported fuel, oil, and constrained supply tend to push them up.
  • Wires investment. Transmission and distribution upgrades, storm hardening, and wildfire mitigation are recovered through rates over years.
  • Market structure. Regulated utilities set rates in rate cases; deregulated markets price supply competitively and bill delivery separately.
  • Demand and weather. Load growth, peak-heavy demand, and extreme weather raise the cost of serving each kilowatt-hour.

the factors themselves are documented on electricity generation cost drivers.

What the rate means for a Florida bill

Monthly usageFlorida (15.10¢/kWh)U.S. average (18.34¢/kWh)
650 kWh$98.15$119.21
900 kWh$135.90$165.06
1,200 kWh$181.20$220.08
1,600 kWh$241.60$293.44

Frequently asked questions

Why is electricity so cheap in Florida?

Florida pays 15.10¢/kWh for residential electricity, 17.7% below the U.S. average of 18.34¢/kWh and the #15 lowest of 51 jurisdictions. Over the past 12 months the rate fell 1.6% (15.35¢/kWh → 15.10¢/kWh), and over five years it rose 27.1% (11.88¢/kWh → 15.10¢/kWh). The EIA series records the rate and nothing about what moved it, and no reviewed Florida driver analysis is published yet, so no cause is claimed here.

How does Florida's electricity rate compare with the U.S. average?

15.10¢/kWh in Florida against 18.34¢/kWh for the U.S. average (EIA, June 2026): 17.7% below, the #15 lowest of 51 jurisdictions. The South average across 17 states is 16.32¢/kWh. At 900 kWh a month that is about $135.90, against $165.06 at the U.S. average.

Is electricity in Florida getting more expensive?

Over the past 12 months the rate fell 1.6% (15.35¢/kWh → 15.10¢/kWh), and over five years it rose 27.1% (11.88¢/kWh → 15.10¢/kWh). In EIA data from January 2001 to June 2026, the rate peaked at 15.92¢/kWh in January 2026 and bottomed at 7.61¢/kWh in June 2002. The full monthly series is on the Florida electricity price history page.

How much is a typical electric bill in Florida?

At 900 kWh a month that is about $135.90, against $165.06 at the U.S. average. 650 kWh: about $98.15; 900 kWh: about $135.90; 1,200 kWh: about $181.20; 1,600 kWh: about $241.60. Florida Power & Light (FPL)'s standard residential tariff adds $10.52 a month before the first kilowatt-hour, 3.70¢/kWh in riders, and 10.0% in taxes, for an all-in 14.01¢/kWh at 900 kWh.

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