Electricity Rates in Fort Lauderdale, FL
Average electricity cost, utility comparison, and solar savings potential for Fort Lauderdale homeowners.
Fort Lauderdale Electricity Cost Overview
The average residential electricity rate in Fort Lauderdale, FL is $0.14 per kWh, which is 12% below the national average of $0.16/kWh. Homeowners in Fort Lauderdale pay an average of $112 per month for electricity, based on typical usage of 797 kWh per month.
Electricity rates in Fort Lauderdale are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use.
Electric Utilities Serving Fort Lauderdale
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Florida Power & Light (FPL) | $0.13 | $104 |
| Duke Energy Florida | $0.14 | $112 |
| Tampa Electric (TECO) | $0.13 | $104 |
How Solar Compares to Fort Lauderdale Electricity Rates
Without Solar
- Monthly bill: $112
- Annual cost: $1,344
- 25-year cost: $33,600
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $94
- Annual savings: $1,128
- 25-year savings: $38,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Fort Lauderdale, FL
The average residential electricity rate in Fort Lauderdale is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill for Fort Lauderdale homeowners is approximately $112.
With solar panels, Fort Lauderdale homeowners can reduce their electricity costs by approximately 84%, saving around $94 per month or $38,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Fort Lauderdale area include Florida Power & Light (FPL), Duke Energy Florida, Tampa Electric (TECO). Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Fort Lauderdale and across Florida have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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