Electricity Rates in Port St Lucie, FL

The average residential electricity rate in Port St Lucie is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill for Port St Lucie homeowners is approximately $112.

With solar panels, Port St Lucie 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 Port St Lucie 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 Port St Lucie 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.