Florida

Why is it like this in Florida?

Florida's residential electricity rates of about 15.8¢/kWh sit slightly below the national average, supported by a mix of natural-gas generation and growing utility-scale solar. Gasoline is roughly at the national average. Electric wins on per-mile cost — a comfortable margin that reflects Florida's relatively moderate electricity pricing and absence of the extreme rate spikes seen in New England.

In the news · Florida

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  Florida approves FPL's biggest rate hike in history

  WLRN · Nov 20, 2025

  The DeSantis-appointed PSC approved a four-year FPL settlement worth roughly $6.9B, with base-rate increases of $945M in 2026 and $705M in 2027 and a 10.95% authorized ROE — the direct mechanism that will push FL's per-mile electric cost closer to its gasoline cost over the next four years.

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  Florida consumer advocate slams FPL's 'unconscionable' rate hike deal

  Tampa Bay Times · Nov 10, 2025

  The state Office of Public Counsel and Florida Rising offered a counter-proposal cutting FPL's base ask roughly in half (about $5.2B); the PSC rejected it. Consumer groups have signaled a Florida Supreme Court challenge — meaningful upside risk on FL's electricity-rate input through 2029.

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  Tampa Electric and Duke are increasing their electric rates starting in March

  WUSF Public Media · Feb 4, 2025

  Tampa Electric and Duke Energy Florida both raised residential rates in March 2025 under multiyear rate agreements permitting ~2% average annual growth — compounding the FPL hike to make Florida's electricity trajectory a growing concern for PHEV electric-mode savings.

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  FPL customers will see an increase on their 2025 bills for hurricane recovery following Debby, Helene, Milton

  First Coast News · Dec 3, 2024

  The PSC let FPL recoup $1.2B in 2024 hurricane costs via a $12.02/month surcharge through 2025 ($811M from Milton alone). Duke Energy Florida added roughly $21/month for the same hurricanes through Feb 2026 — storm-recovery passthrough is becoming a structural rate driver in Florida separate from base rates.

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  World's largest Tesla charging station coming to Florida's Turnpike

  FOX 35 Orlando · Dec 19, 2024

  Tesla is planning a 200-stall Supercharger at Turnpike exit 193 in Osceola County, alongside expansion at the eight Turnpike service plazas where FPL and Duke are also installing chargers. Backbone fast-charging is the precondition for FL drivers to actually capture the electric-mode cost advantage.

Curated coverage of Florida's EV/PHEV cost, policy, and infrastructure story. External links open in a new tab.

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