"2019" reflects Gulf Power's average bill during the year 2019, which is when FPL's parent company, NextEra Energy, purchased Gulf Power. FPL hasnt let up on its crusade against customer-owned solar, as evinced by its foul birthing of SB 1024, which was shunted to a state lawmaker, along with thousands of dollars in donations and rushed through both houses of the state legislature. We know electric bills add up over time, and going solar is a great way to save money while helping the environment. The company knows how potent a challenge rooftop solar poses to its business model and it desires nothing more than to be the sole source of electricity for customers in its service territory. When you sign up on the EnergySage Marketplace, you'll be able to receive and compare solar quotes side-by-side from qualified solar installers in your area. Whether youre in a regulated or deregulated market, the bill you receive from your utility/provider should clearly state the rate youre paying for electricity. Electricity Rates by State (April 2023) ElectricRate The price you pay for electricity your electric rate per kWh depends on numerous factors including (but not limited to) your location, type of building (residential/commercial), usage, general market conditions, market disruptions, etc. The future results of NextEra Energy and FPL and their business and financial condition are subject to risks and uncertainties that could cause their actual results to differ materially from those expressed or implied in the forward-looking statements, or may require them to limit or eliminate certain operations. For current (February 2023) electric rates in deregulated markets, enter in your zip code above to see current rates from retail energy providers in your area. We have an online tool that you can use if you dont want to talk to someone on the phone or have someone at your house. RTR-1 Base Energy and Fuel Charges and Credits applicable to on- and off-peak usage are in addition to the RS-1 charges. Florida Power & Light's Average residential price per kWh, Average monthly electricity bill for Florida Power & Light's residential customers, % of Provider's Residential Sales in State. Copyright 2023 Nexstar Media Inc. All rights reserved. It is important to point out that there is no commitment and very little risk associated with the program. Also with the start of the new year, NextEra Energy, the parent company of the Juno Beach-based utility, took over the footprint of Gulf Power Company, now known as Florida Power & Light in Northwest Florida. As a result, a solar system that is designed to meet your total energy needs over the course of a year will overproduce electricity in some months and underproduce in others. FPL projected that the 1,490 MW of solar panels installed at its five program locations would produce an estimated 3,074,672 MWh of electricity in a year. More cynically, SolarTogether was just another way for FPL to further entrench itself as a monopoly. Florida Power & Light is ranked as the 6th highest total electricity producer out of 3509 companies in the United States. but you wont start saving in year one. On average, Clearwater Beach, FL residents spend about $236 per month on electricity. Thats 38% higher than the national average electric bill of $2,058. PDF Effective June 2022* - Florida Power & Light This is a snapshot of average kWh rates in regulated and deregulated states using data from September 2021 and September 2020 (showing YOY change). All rights reserved. The price you pay for electricity your electric rate per kWh depends on numerous factors including (but not limited to) your location, type of building (residential/commercial), usage, general market conditions, market disruptions, etc. Florida is the Sunshine State, yet it lags behind less-sunny states in the amount of solar installed per person, and the states largest utility company, Florida Power & Light (FPL), has certainly noticed. Florida Power & Light produces 97,346,180.75 megawatt hours using natural gas and ranks 4th out of 3509 providers in the country for total natural gas production. These 12 month periods may vary from provider to provider and from power plant to power plant, as some entities are required to report on a rolling monthly basis others report on an annual basis. Electric Power Monthly. FPL wants to raise your rates to generate $2 billion in new revenue
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