City of Homestead electricity rates

It is a smaller system, serving 26,052 residential customers, which means its fixed costs are spread across a narrow base. At 12.29¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Florida, 19% under the statewide average of 15.17¢.

Consumption here is high, 1,294 kilowatt-hours a month against a national average of 871. Long cooling seasons, large detached homes and electric resistance heating are the usual causes, and together they matter more to the bill than the rate does.

Owned by the city it serves and governed by a local board rather than the state commission. No shareholder return is built into the rate. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average City of Homestead customer went 70 minutes without electricity across 0.56 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is markedly better than typical. Short outage durations usually mean an underground or heavily automated network, and they are expensive to achieve, which is part of why reliable systems often carry higher delivery charges.

350 residential customers had net-metered solar in 2024, totalling 2.93 megawatts. That works out to 13.4 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is above the national median, which generally tracks the retail rate more closely than it tracks sunshine. What exports are actually worth.