14.62¢
per kWh, 2025
[ FPL / FL · 20250011-EI ]
FPL: 1.9% approved for 5,337,118 Florida homes
EFFECTIVE · ON BILLS JAN 2026
rate increase approved
14.90¢
per kWh with the increase
5,337,118
residential customers
+40.0%
since 2020
What your bill becomes
Bill today
After the increase
Difference / month · / year
Estimated at FPL's average effective residential rate (14.62¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate case 20250011-EI
In effect Docket 20250011-EI ↗
- Feb 2025Filed with the commission as docket 20250011-EI
- Nov 2025Commission approved 1.9% (asked: 6.1%)
- Jan 2026New rates on bills
Florida Power & Light filed a four-year rate plan for 2026 through 2029 on February 28, 2025, asking for $1.545 billion more in base revenue in 2026 and $927 million more in 2027. FPL's own estimate put the typical 1,000 kWh residential bill in most of Florida at $142.37 in 2026, up from $134.14 (about 6.1%), and FPL cited customer growth, new solar and battery capacity and higher equipment costs. In August 2025 FPL settled with several customer groups for $945 million in 2026, and the Florida Public Service Commission approved the settlement on November 20, 2025, with a 10.95% return on equity. FPL says the typical bill rose $2.50, or about 2%, to $136.64 when new rates took effect January 1, 2026; the Office of Public Counsel opposed the deal, and in April 2026 the commission refused to reconsider, sending the challenge to the Florida Supreme Court.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 10.65¢ | — | 4,169,028 |
| 2016 | 10.17¢ | −4.5% | 4,284,159 |
| 2017 | 11.20¢ | +10.1% | 4,338,224 |
| 2018 | 10.83¢ | −3.3% | 4,391,832 |
| 2019 | 11.03¢ | +1.9% | 4,479,356 |
| 2020 | 10.44¢ | −5.3% | 4,548,301 |
| 2021 | 11.23¢ | +7.6% | 4,618,099 |
| 2022 | 13.46¢ | +19.9% | 5,079,787 |
| 2023 | 15.01¢ | +11.5% | 5,147,906 |
| 2024 | 13.71¢ | −8.7% | 5,236,277 |
| 2025 | 14.62¢ | +6.6% | 5,337,118 |
How this compares
15.21¢
Florida average, 2025
−3.9%
FPL vs FL 2025 average
−15.2%
vs US 2025 average
#15
priciest in FL
FPL files with the EIA as Florida Power & Light Co (utility ID 6452).
Serves 42 counties in Florida: Alachua, Baker, Bay, Bradford, Brevard, Broward, Charlotte, Clay, Collier, Columbia, DeSoto, Duval, Escambia, Flagler, Glades, Hardee, Hendry, Highlands, Holmes, Indian River, Jackson, Manatee, Martin, Miami Dade, Monroe, Nassau, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach, Putnam, Santa Rosa, Sarasota, Seminole, St Johns, St Lucie, Suwannee, Union, Volusia, Walton, Washington. 659 ZIP codes.
What the numbers show
Since 2015, FPL's average residential rate has gone from 10.65¢ to 14.62¢ per kWh: +37.3% over 10 years, or about +3.2% a year. It rose in 6 of the 10 years we can compare, and the biggest one-year increase was +19.9% in 2022. The largest drop was −8.7% in 2024.
For a home using 1,103 kWh a month, the Florida average, FPL's 2025 rate works out to about $1,935 a year, $78 less than at Florida's average rate of 15.21¢. Of the 37 Florida utilities in our data with a 2025 price, it is the 15th most expensive.
FPL served 4,169,028 homes in 2015 and 5,337,118 in 2025 (+28.0%), about 49% of Florida's residential electricity customers.
Who sets FPL's rates
FPL is investor-owned, so it can change its base rates only by filing a rate case with the Florida Public Service Commission. The commission holds hearings and takes public comment before it rules, and it usually approves less than the company asks for. Fuel and other pass-through charges can change between rate cases.
Commission contact: Florida Public Service Commission. How we calculate every figure on this page: methodology.
Questions
Did FPL get a rate increase?
Yes. The Florida Public Service Commission approved 1.9% in docket 20250011-EI in Nov 2025, with new rates on bills from Jan 2026. The company had asked for 6.1%.
What does FPL charge per kWh?
FPL's average effective residential rate was 14.62¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Florida's 2025 average was 15.21¢.
How much have FPL rates gone up in five years?
+40.0% between 2020 and 2025, against +27.6% for Florida as a whole over the latest five-year window.
How many customers does FPL have in Florida?
5,337,118 residential customers in 2025, across 42 counties including Alachua, Baker, Bay, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the Florida Public Service Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
Last verified 2026-10-16
- NextEra Energy/FPL: FPL files details of new rate plan (Feb. 28, 2025), with estimated typical-bill table checked 2026-10-16
- SEC: FPL 2025 Stipulation and Settlement Agreement, Docket No. 20250011-EI (8-K Exhibit 99) checked 2026-10-16
- NextEra Energy/FPL: Florida regulators approve FPL rate agreement (Nov. 20, 2025) checked 2026-10-16
- Central Florida Public Media: PSC OKs FPL deal that increases base rates checked 2026-10-16
- E&E News: Florida PSC says it won't reconsider FPL rate hike case checked 2026-10-16
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)