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Florida electricity prices, January 2023

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In January 2023, residential customers in Florida paid an average of 14.89¢ per kilowatthour, up 10.7% on the same month a year earlier (13.45¢). The US average for the month was 15.47¢; Florida was 3.7% below that. It ranked 20th highest among the 50 states and the District of Columbia.

Residential sales were 10,125,223 MWh, up 3.8% on a year earlier, and the average residential bill for the month was $148.56 on 998 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

14.89¢residential, per kWh+10.7% on Jan 2022
$148.56average residential bill for the monthon 998 kWh
10.1 TWhresidential sales+3.8% on a year earlier
20thhighest residential price of 51US 15.47¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorJan 2023Jan 2022ChangeUS, Jan 2023
Residential14.89¢13.45¢+10.7%15.47¢
Commercial12.33¢10.80¢+14.2%12.61¢
Industrial10.19¢8.19¢+24.4%8.18¢
All sectors13.57¢12.03¢+12.8%12.68¢

Sales and customers

MeasureJan 2023Jan 2022Change
Residential sales10.1 TWh9.8 TWh+3.8%
Sales, all sectors18.4 TWh18.1 TWh+1.6%
Residential customers10,146,9359,953,987+1.9%
Average residential bill$148.56$131.74+12.8%
Average residential use, kWh998980+1.8%
US residential price15.47¢13.64¢+13.4%

The two years to January 2023

0¢5¢10¢15¢20¢Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023

Florida residentialUS residential

Cents per kWh, Form EIA-861M.
← December 2022February 2023 →

Questions and answers

What was the average electricity price in Florida in January 2023?

14.89¢ per kilowatthour for residential customers, 12.33¢ for commercial and 10.19¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 13.45¢ in January 2022, a change of +10.7%. Residential sales changed by +3.8% over the same period.

What was the average residential bill that month?

$148.56, on average use of 998 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Florida page.