Florida Power & Light Co electricity rates

It is the dominant supplier in Florida, serving 5.2 million residential customers, so its pricing effectively sets what the state average looks like. Its 13.71¢ per kilowatt-hour sits 9.6% below the Florida average of 15.17¢.

Its customers use more electricity than the national norm, 1,129 kilowatt-hours a month against 871, which amplifies whatever the rate does.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. 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 Florida Power & Light Co customer went 702 minutes without electricity across 1.04 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is far worse than typical, and figures at this level almost always reflect a major storm season rather than everyday performance. A single hurricane or ice storm can dominate the annual number.

108,585 residential customers had net-metered solar in 2024, totalling 982.76 megawatts. That works out to 20.7 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.