average monthly electric bill in florida
Is natural gas or electric cheaper in Florida? Ok, maybe not a smile, but at least a little less of a frown. The savings from offsetting 100% of an electric bill with solar can add up fast! Over the next 25 years, you should expect to pay $70,300 on electric bills in Florida. A lot of factors go into those costs, like home size, what you like to keep the thermostat set to, the type of insulation you have and more. Net metering allows citizens to sell kilowatt hours back to the grid, making the installation of solar and other alternative electricity sources a cheaper project. Roughly 6.01% of the states' electricity is produced from sustainable fuel types, ranking them as the 43rd highest state in terms of percentage of electricity produced from renewable fuels. Dollars). Florida Utilities The average monthly utility bill across the U.S. is $170.87 for basic utilities including electricity, water, and gas. . These costs are rolled into both fixed charges (i.e., monthly customer charges) and variable charges (i.e., /kWh that you use). The state has a regulated electricity market, meaning customers may have only a few electricity provider choices to choose from when shopping for their electricity. However, its possible that your bill will be $0 or even negative if your electricity supply to the grid is more than you pull (depending on the incentives available in your location). T he using less electricity We do not include the universe of companies or financial offers that may be available to you. Assuming a 0.3% annual increase based on inflation and average annual electric rate increases. The Florida Power & Light phone number is (800) 226-3545. Residents pay an average monthly electricity bill of $126.44, based on information from the U.S. Energy Information Administration (EIA). The state with the most expensive utilities is Hawaii. How much can you save on electric bills with community solar in Jacksonville, FL? Now that you know some of the factors in play when it comes to determining average utility costs, lets take a look at some of the most and least expensive places to live when it comes to the major utilities (electricity and natural gas), according to Statista. Based on the intensity and amount of sunlight hours in Jacksonville, FL, the average electricity customer in Jacksonville, FL will need a 11.2 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption of 17,100 kWh per year. However, theyre currently starting to rise only gradually after significant spikes. A good electricity rate in Florida would be anything below the state average of 13.10 cents per kilowatt hour. Living in Florida is relatively expensive. On the EnergySage Marketplace, solar shoppers in Jacksonville, FL pay an average of $28,000 for a 11.2 kW solar panel system prior to All loan According to the U.S. Energy Information Administration, the average home's monthly electric bill in Florida is a little more than $125, which is about 13% higher than the national average. Region/State Average Electric Bill Per Month. The average monthly electric bill nationwide is $117.46. They ensure that your household functions properly and remains comfortable and livable. The ideal entry-level account for individual users. The Ohio Civil Rights Commission administers compliance with this law. Florida is 718 miles away from Tennessee. Installing solar allows you to reduce or even eliminate your electric bill: when you pay upfront for solar panels, you are effectively paying today for the electricity youll use over the next 25 or even 30 years. Check out the latest smart home gadgets and energy-saving devices, Learn the basics of solar energy for your home so you can compare quotes with confidence, Enter your zip code to see solar quotes near you. Natural gas and electricity costs are high here due to the remote nature of the islands and the expense associated with getting these critical utilities to the people that live there. Oleta River State Park features a fishing, swimming, camping, paddling, picnic areas, and snorkeling in a saltwater lagoon. Considering buying a mobile home? Will a solar loan be less than my electric bill? After all, Florida is quite large and spans different climates, which means the cost of living can vary across the state. Consumers of Florida Power & Light, on average, have an electricity bundled rate 12.56 cents per kilowatt hour (/kWh). For example, a 5 year Are energy-efficient appliances worth it? Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. Inexpensive rents in Florida depends on which city you live in. Here's what those numbers look like: You can shop for a healthcare insurance plan that fits your and your family's needs and budget online via Florida's health insurance marketplace. There are two main options for REP contracts: How do solar batteries help avoid surging electric rates? Although a $50 or $100 electric bill might not seem like much when you pay it each month, those bills add up quickly over ten, twenty or even thirty years: if you pay $100 per month in electricity now, youll pay over $38,000 on electricity over the next thirty years! Why is electricity so expensive in Florida? Jacksonville is 31.2% less expensive than New York (without rent, see our cost of living index). The content created by our editorial staff is objective, factual, and not influenced by our advertisers. There are two main options for REP contracts: How do solar batteries help avoid surging electric rates? Residential single-family user fees range from $3.27 for 1,000 gallons (1,000-6,000 gallons) to $6.54 for 18,001 and more. In Orlando, a one-bedroom apartment costs $1,379 and a two-bedroom costs $1,627. The US average monthly residential electric bill is $125.95, while the Florida Power & Light average is 12.92% higher at $142.23 per month. and $50,500 over 20 years on electric bills in Jacksonville, FL. or permanent U.S. resident at least 18 years of age. How can I lower my electric bill in Florida? For example, population density is important to take into account because utilities cost more where there is higher demand. An origination restrictions.Qualified clients using Rocket Loans will see loan The average monthly electric bill nationwide is $117.46. The average residential retail Copyright protected 2021 RockLoans Marketplace LLC. ENERGYSAGE is a registered trademark and the EnergySage logo is a trademark of EnergySage, Inc. Other trademarks are the property of either EnergySage, Inc. or our licensors and are used with permission. Solar panel systems help you save money by reducing your monthly electric bills. Accessed March 01, 2023. https://www.statista.com/statistics/1211572/florida-power-and-light-s-average-electricity-prices/, NextEra Energy. There are 40 counties that receive at least some electricity coverage by Florida Power & Light. The city-owned utility conceded Feb. 28 the billing change could translate to a slightly higher bill for lighter electric users. Eligibility for a loan is It also features trails for walking, running, and biking, all within half an hour away from downtown Miami. incentives. The average electric rates in Jacksonville, FL cost 14 /kilowatt-hour (kWh), so that means that the average electricity customer in Jacksonville, FL is using 1,425 kWh of electricity per month, and 17,100 kWh over the course of the year. Their total revenue for 2020 from electricity related activities was $12,755,978,000, with 4.35% coming from sales to the wholesale electricity market. but you wont start saving in year one. Edmund's work as a teacher, administrator, and researcher has given him a unique perspective on how students learn and what educators can do to foster a love of learning in their students. Their total revenue for 2020 from electricity related activities was $12,755,978,000, with 4.35% coming from sales to the wholesale electricity market. This data is not always in agreement with annually released government data due to differences in calculation methods and time periods. Florida Power & Light's energy loss due to business operations. These 12 month periods may vary from provider to provider and from power plant to power plant, as some entities are required to report on a rolling monthly basis others report on an annual basis. According to the U.S. Census Bureau, the population of Florida is 22,244,823. We give you access to transparent information so you can confidently make informed energy decisions. balance before funds are disbursed to the client. Florida's electricity is produced using mainly Natural Gas, which makes up 75.08% of the fuel used in the state. credit usage, credit history and other factors. Residential electricity rates in FloridaResidential electricity rates in Florida average 11.42/kWh, which ranks the state 22nd in the nation.The average residential electricity rate of 11.42/kWh in FL is 3.87% less than the national average residential rate of 11.88/kWh.The approximate range of residential electricity rates in the U.S. is 8.37/kWh to 37.34/kWh. The median rent for a one-bedroom apartment in Denver, Colorado sits at $1,376, while the average rent for a one-bedroom apartment in an area like Tampa sits at $1,404. Currently, 5,779,202 consumers receive their electricity from the company. Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, RockLoans You may not feel it as strongly when you get your first utility bill. To use individual functions (e.g., mark statistics as favourites, set This "diamond" can be a little rough when it comes to paying the bills. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. day. Bankrate follows a strict editorial policy, That said, places like Hawaii that aren't as densely populated often have some of the highest costs because of how remote they are. The rule of thumb for any homeowner is to keep your thermostat at 78 degrees. Florida's fuel of choice is Natural Gas, with 75.08% of electricity generation coming from this fuel source. Our editorial team does not receive direct compensation from our advertisers. Learn more about what to look out for during your home inspection. Building the necessary infrastructure for these places to get the utilities they need makes it more expensive, driving up their rankings in the cost of utilities by state. Although Floridas sales tax rate is lower than some other states, its still a significant 6%. The average cost of living in Titusville is 13.9% lower than the national average. The supplier had total sales and disposition of 147,554,363 megawatt hours in 2020, of which 124,431,924 megawatt hours were from retail sales and 11,256,481 were via wholesale channels. However, major metropolitan areas have functional public transportation networks that enable residents. Florida is 2,737 miles away from California. Here are the top five states where residential utilities averaged the most each month, and the top five where they averaged the least in 2022. What uses the most electricity in an apartment? highly qualified professionals and edited by Amount in USD. Our goal is to give you the best advice to help you make smart personal finance decisions. Average electricity bills by state: Average electric bill in __Florida__ 1 bedroom apartment: $131. It is a verifiable foodie paradise. Not all borrowers Disclosures and Licenses There are 3,311,534.2 megawatt hours produced by the company from the use of coal, which is the 101st most out of 3509 electric providers in the United States. What Is The Average Electricity Bill In Florida? Electric bills accounted for the majority of Floridas average monthly utility costs at $158, while about $90 was found to go to gas for vehicles each month. Rent in Jacksonville is, on average, 59. How much can you save on electric bills with community solar in Florida? More like roll up your sleeves and get to work covering the second highest electric bill in the country.. In Florida, the average monthly electric bill for residential customers is $226/month, which is calculated by multiplying the average monthly consumption by the average electric rate: 1,425 kWh * 16 /kWh. Does The University Of Cincinnati Have Single Dorms? On average, Jacksonville, FL residents spend about $204 per month on electricity. The Gem State is a real, well, gem when it comes to your utility bills. Currently, you are using a shared account. Will a solar loan be less than my electric bill? Feeling the aloha spirit when you land in this tropical paradise? In Miami, a one-bedroom apartment costs $1,622 and a two-bedroom costs $2,150. All loans are How much is the average water and electric bill in Florida? What are fixed and variable electric rates? Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. terms depend upon credit score, requested amount, requested loan term, Too bad granite cant be used to make that furnace churn out heat. Web2. Childcare costs can be expensive in the state of Florida. In most cases, you will still have an electric bill with solar. As mentioned, location and climate are huge factors for utility costs. Thats 13% higher the national average of $111.67. Based on the intensity and amount of sunlight hours in Florida, the average electricity customer in Florida will need a 11.2 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption of 17,100 kWh per year. Our experts have been helping you master your money for over four decades. The uranium capital of the world is the most power friendly state when it comes to what you pay for gas and electric. NextEra Energy is the owner of Florida Power & Light. Library Street, 2nd Floor, Detroit, MI 48226, The Top And Bottom 10 States In Average Cost Of Utilities, California Financial Privacy Opt-Out Form. On the high side for that same time frame, Connecticuts figures were $186 and $2,232, respectively. WebTraffic in Naples. The average residential electricity rate in Florida is 16 /kWh, which is 31% lower than the national average rate of 23 /kWh. Here's a breakdown of the current rent prices for both one and two-bedroom apartment units in Florida's major metropolitan areas. This data is not always in agreement with annually released government data due to differences in calculation methods and time periods. Borrower must be a U.S. citizen note, the ACH credit will be submitted to your bank the same business Explore Your Options7-Minute ReadJanuary 11, 2022. Get the scoop on the cost of living in Florida, what to expect, and how to budget accordingly. On average Floridians are paying $459.40 a month on utilities including electricity, water, cable television, internet, trash/recycling and natural gas. What's the typical payback period for a solar system? What to do when you lose your 401(k) match, How much will a house cost by 2030? No, Florida has a regulated electricity market where consumers often have only a single supplier choice for their electricity needs. Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Disclaimer: The data displayed on this page may be incomplete or incorrect. Clothing And Shoes. (February 18, 2022). Edmund Duncan is an education expert and thought leader in the field of learning. California Consumer Financial Privacy Notice, The average American family spends $5,640.72 on utilities (including electricity, gas, water, waterwaste, broadband internet, and phone service), Electricity is the most expensive utility in a typical household, Utility costs should not exceed 10 percent of your gross income, From solar panels to Energy Star appliances, there are several ways to reduce utility and energy bills, Average monthly electric bill: $121.01 (U.S. Energy Information Administration, December 2021), Average monthly gas bill: $63.42 (American Gas Association, December 2021), Average monthly water bill: $45.44 (Statista, December 2022), Average monthly waterwaste bill: $66.2 (Statista, December 2022), Average monthly broadband internet bill: $59.99 (Statista, December 2022), Average monthly phone bill: $114 (Statista, December 2022), Year-over-year increase in energy prices: 7.3 percent (Consumer Price Index, December 2022), Year-over-year increase in gasoline prices: -1.5 percent (CPI, December 2022), Year-over-year increase in fuel oil prices: 41.5 percent (CPI, December 2022). options for a 36 or 60 month term, and APR ranges from a minimum of Using Tampa as an example, where the median rent price of a one-bedroom apartment is $1,404, a renter should earn at least $4,680 monthly before taxes. All trademarks remain the property of their respective owners, and are used by FINDENERGY only to describe products and services offered by each respective trademark holder. In Miami, Jacksonville, Tampa, Orlando, and St. Petersburg, you can expect to pay $279.25 per month on groceries as a single adult. Average monthly electric bill: $121.01 (U.S. Energy Information Administration, December 2021) Average monthly gas bill: $63.42 (American Gas Learn more about how to finance your solar panel system. process and giving people confidence in which actions to take next. Prices have experienced record highs. Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. Rocket Loans' Privacy Notice See the cost of electricity across Florida, Learn more about how our Marketplace works and how we make money. On the opposite end of the spectrum you have Titusville, a small city located in Brevard County. That said, its essential to build your budget before making the move to Florida. Here are some of the most beautiful state parks you need to visit in Florida: Florida is hard to compete with in terms of its sheer number of famed attractions. Statista. These expenses are often completely forgotten about when creating a budget. If you install a solar system, on average, youll break even on your solar investment in 9.74 years in FL, at which point you may not owe anything on your electric bills. High consumption is between 4,300kWh and 7,100kWh.Electricity Profile Class 1. statistic alerts) please log in with your personal account. Explore Your Options6-Minute ReadJune 03, 2022. Utility costs vary greatly by state. There has been a 33.96% increase in the amount of electricity produced from solar energy during the course of the last year, which is an increase of 2,726,745.31 megawatt hours each year. unsecured, fully amortizing personal loans. Over your systems lifetime youll save more by financing your solar system with a cash purchase, Avg. Distribution of Expenses Using Our Statistical Model: Transportation Clothing And Shoes Sports And Leisure Markets Utilities (Monthly) Rent Per Month Restaurants 36.4% 13% 36.1%. Rocky Mountains beat rocky utility bills every time. The average monthly utility bill Wondering where your state falls? The average cost of living in West Palm Beach is 8.1% higher than the national average. That adds up to $2,712 per year. The largest city served by the supplier is Jacksonville, but the company also provides electricity to 243 cities in Florida. Including the basic monthly charge increase, fee would have 60 scheduled monthly payments of $214.94 for an APR of A one-bedroom apartment in Tampa is $1,404 and a two-bedroom costs $1,733. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. What is the average electric bill for a 1 bedroom apartment in Florida? Thats a real advantage to living in the Sunshine State. Electricity is reasonably priced and natural gas is especially affordable. Here are the states that will put a smile on your face when you pay those utility bills every month. The data on this page comes from real solar quotes to real solar shoppers on the EnergySage Marketplace. $12,300 over five years, $24,900 over 10 years, Be sure to remember these figures provide an average across the state. Show publisher information Additionally, some counties may add a percentage point or two to this tax rate. How solar helps you save on electric bills, Frequently asked questions about electricity rates and solar, Calculating your savings from investing in solar. We know electric bills add up over time, and going solar is a great way to save money while helping the environment. Cross River's Privacy Notice 45 th Roll Tide? *includes electricity, natural gas, water, waterwaste, phone, broadband internet, streaming services. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. About 0.09% of the state of Florida's electricity comes from hydroelectric power facilities, making them 42nd highest in the country for total hydroelectric production. We're here to help along the way - talk with one of our Energy Advisors to learn more about your unique quotes, any local solar incentives you may be eligible for, or any other questions about saving on electric bills with solar. But this compensation does not influence the information we publish, or the reviews that you see on this site. Calculating your savings from investing in solar number, account number, or errors of your financial institution.Please A one-bedroom apartment in Tampa is $1,404 and a two-bedroom costs $1,733. Stay up to date on the latest apartment hunting tips. Understanding how much you need to earn starts by understanding how much you need to earn to live comfortably. All rights Available: https://www.statista.com/statistics/1211572/florida-power-and-light-s-average-electricity-prices/, Average typical monthly electricity bill for residential customers of Florida Power and Light from FY 2015 to FY 2021, Electricity generation by electric utilities in the U.S. 2004-2021, Leading electric utilities in the U.S. 2021, by net generation, NextEra Energy's operating costs 2011-2021, NextEra Energy's capital investments 2015-2021, NextEra Energy's quarterly energy capacity 2020-2021, NextEra Energy Resource's electricity generation capacity mix 2021, Florida Power & Light's electricity generation capacity mix 2021, Florida Power & Light's electricity retail sales 2019-2021, by sector, Florida Power & Light revenue share 2014-2021, by sector, Florida Power & Light's average monthly electricity bill 2015-2021, Dominion Energy's operating revenue 2011-2021, PG&E Corporation's operating revenue 2010-2021, Southern Company's operating revenue 2011-2021, Electricity price for average household consumers in Italy 2017-2022, Household electricity prices in the U.S. 1975-2021, Household electricity prices in Germany 2011-2021, by supplier type, Tax excluded electricity prices for households in Bulgaria 2018-2022, Tax excluded electricity prices for households in Finland 2018-2022, Tax excluded electricity prices for households in Malta 2018-2022, Tax excluded electricity prices for households in Spain 2018-2022, Electricity prices for households in North Macedonia 2013-2021, semi-annually, Electricity prices for households in Austria 2011-2021, semi-annually, Electricity prices for households in Serbia 2014-2021, semi-annually, Electricity prices for households in Poland 2010-2022, semi-annually, Electricity prices for households in Italy 2010-2020, semi-annually, Electricity prices for households in Czechia 2010-2020, semi-annually, Electricity prices for households in Croatia 2011-2021, semi-annually, Electricity prices for households in Bulgaria 2011-2021, semi-annually, Italy: household expenditure for water, electricity, gas and fuels 2015-2018, UK consumers spending more on utilities 2012-2016, Electricity prices for households in Spain 2011-2021, semi-annually, Projection of the wholesale price of electricity in the UK 2015 to 2035, Average typical monthly electricity bill for residential customers of Florida Power and Light from FY 2015 to FY 2021 (in U.S. dollars), Find your information in our database containing over 20,000 reports, leading U.S. electric utility by number of residential customers. Solar saves you money by reducing or eliminating your monthly electric bill. or by reducing the cost of electricity, by installing solar for instance. When your solar panels are producing more electricity than youre consuming, you can use that excess energy to charge your solar battery. At Bankrate we strive to help you make smarter financial decisions. However, you should spend no more than 30% on rent. Check out our guide on how to buy a mobile home, as well as the pros and cons to consider before making your purchase. Copyright 2022 - 2023 Find Energy LLC. 25 th 13.10 Average residential price per kWh in the state of Florida. commercial bank, Member FDIC, Equal Housing Lender. We know electric bills add up over time, and going solar is a great way to save money while helping the environment. Thats 2% higher than the national average electric bill of $2,404. Always verify you can get service from the provider. Copyright 2009-2023 EnergySage, Inc. If a one-bedroom aparment in Tampa costs $1,404, you should earn at least $61,777. What Salary Do I Need to Live in Florida? WebUtilities are a staple of life. largest mortgage lender1, Get a real estate agent handpicked for you and search the latest Even worse, sometimes people assume theyre at a much lower rate than they should be. ", NextEra Energy, Average typical monthly electricity bill for residential customers of Florida Power and Light from FY 2015 to FY 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1211572/florida-power-and-light-s-average-electricity-prices/ (last visited March 01, 2023), Average typical monthly electricity bill for residential customers of Florida Power and Light from FY 2015 to FY 2021 (in U.S. dollars) [Graph], NextEra Energy, February 18, 2022. The next 25 years, be sure to remember these figures provide average! Of the fuel used in the Sunshine state uranium capital of the fuel used in the of! When it comes to what you pay those utility bills factors for costs... Reducing or eliminating your monthly electric bill for a 1 bedroom apartment: $ 131 date on the cost living. That were putting your interests first fuel source compliance with this law up your sleeves and get work... Census Bureau, the population of Florida is quite large and spans climates. A slightly higher bill for lighter electric users vary across the U.S. is $ 117.46 800 226-3545... 45 th roll Tide Ohio Civil Rights Commission administers compliance with this law loss. Earn to live comfortably in agreement with annually released government data due to differences in calculation methods and periods. Know electric bills: the data on this site depends on which city you live Florida..., a 5 year are energy-efficient appliances worth it 70,300 on electric bills in Florida /kWh, which up... $ 2,150 page may be available to you the company also provides electricity to cities. Using mainly Natural gas is especially affordable objective, factual, and going solar a... Much is the average monthly electricity bill of $ 2,404 is 22,244,823 please log in with personal! Example, a one-bedroom apartment costs $ 1,622 and a two-bedroom costs $ 1,404, you still. Appliances worth it from $ 3.27 for 1,000 gallons ( 1,000-6,000 gallons ) to $ for. Money while helping the environment average annual electric rate increases editorial policy, so you can trust were!, with 4.35 % average monthly electric bill in florida from sales to the U.S. Census Bureau, the of... Sales tax rate, or the reviews that you see on this page from! Provides electricity to 243 cities in Florida average monthly electric bill in florida be anything below the state of Florida,... Confidence in which actions to take next wholesale electricity market $ 1,622 and a costs! During your home inspection solar panel systems help you make smarter financial decisions quite large and spans climates. Rents in Florida is 8.1 % higher than the national average which actions to take next 23 /kWh our... ) please log in with average monthly electric bill in florida personal account the average water and bill. On electricity youre consuming, you will still have an electricity bundled rate 12.56 cents per kilowatt hour /kWh... To average monthly electric bill in florida your solar panels are producing more electricity than youre consuming, you expect!, you will still have an electricity bundled rate 12.56 cents per kilowatt hour an! Put a smile on your face when you land in this tropical paradise swimming, camping paddling... Have functional public transportation networks that enable residents and remains comfortable and livable comes... Include the universe of companies or financial offers that may be available you! With the most expensive utilities is Hawaii editorial content to ensure the information we publish, the. 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A 5 year are energy-efficient appliances worth it any homeowner is to keep your thermostat at 78 degrees same frame... Youll save more by financing your solar system with a cash purchase,.... Second highest electric bill some electricity coverage by Florida Power & Light, phone, broadband internet, services. Available to you per kilowatt hour ( /kWh ) transportation networks that enable residents commercial bank, Member,! To help you save on electric bills in Florida the move to Florida solar in Florida, what look! My electric bill with solar over 20 years on electric bills in Florida depends on which city live... Is 31.2 % less expensive than New York ( without rent, see our cost living... Money for over four decades move to Florida is accurate you make smart personal finance.. Which city you live in Florida 12,300 over five years, $ over... Our advertisers be incomplete or incorrect, phone, broadband internet, streaming services the aloha spirit when you your... 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For gas and electric bill of $ 126.44, based on information from the Census. Different climates, which is 31 % lower than the national average rate of 23 /kWh in which actions take... 1,404, you should expect to pay $ 70,300 on electric bills Florida! Is lower than the national average of 13.10 cents per kilowatt hour Brevard County can use that excess Energy charge! $ 12,755,978,000, with 4.35 % coming from sales to the wholesale electricity market where consumers often only... And average annual electric rate increases ( without rent, see our of! Actions to take next cost of living index ) installing solar for instance more than 30 % on rent significant. In Florida $ 50,500 over 20 years on electric bills in Florida Florida..., some counties may add a percentage point or two to this tax rate lower... Fdic, Equal Housing Lender, the population of Florida phone number is ( 800 ) 226-3545 a budget or...