FPL Electricity Rates

Florida Power & Light (FPL) is the largest electric utility in Florida, serving over 5 million customer accounts in the state. The company operates a diverse portfolio of power generation facilities, including natural gas, nuclear, and solar power plants. FPL has invested heavily in renewable energy, with plans to install over 30 million solar panels throughout Florida by 2030. The company also offers a variety of energy efficiency programs to help customers reduce their energy consumption and save money on their bills. FPL is committed to providing reliable and affordable energy to its customers while also working to minimize its environmental impact.

Website

fpl.com

FPL Energy Sources

FPL's energy comes from natural gas, nuclear, solar, biomass, and other fossil. Natural Gas is the largest source of electricity, providing 72% of FPL's energy. Nuclear is the second largest source, making up 22%. Solar provides 4% of FPL's electricity. Biomass provides 1% of FPL's electricity. Other Fossil provides 1% of FPL's electricity.

72%

Natural Gas

22%

Nuclear

4%

Solar

1%

Biomass

1%

Other Fossil

FPL Rates

The average electricity rate for FPL customers is 11.23 cents/kWh. FPL has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Residential Time of UseTOU5¢ to 26¢
Residential Service (RS-1)Fixed11¢
RS-1 EV Full InstallationTOU
Residential ServiceFixed11¢ to 13¢
RS-1 EV Equipment Only InstallationTOU

FPL Reliability

In 2021, the average FPL customer lost electricity one time for a duration of 94 minutes. In total, the average FPL customer had their electricity out for about 55 minutes during the whole year.

Netmetering

Credited to customer's next bill at retail rate; excess reconciled annually at avoided cost rate

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