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Current Situation

Understanding where your electricity dollars go today is the first step toward taking control of your energy future.

Your Utility Company

Select your electricity provider to auto-fill your rate

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kWh
0 kWh2,500 kWh5,000 kWh
¢/kWh
17.5¢30¢

Monthly Bill

$0

Based on your current usage and rate

Yearly Bill

$0

What you pay the utility company each year

Your Utility Bill Breakdown

Based on Duke Energy Florida residential rates — August 2025

Duke Energy Florida

Residential Service RS-1 • 1,000 kWh / month

Total Due

$140.66

DescriptionAmount
Customer Charge

Fixed monthly cost of providing service to your location

$12.69
Energy Charge

1,000 kWh @ 5.389¢

$53.89
Fuel Charge

Actual cost of fuel used to produce electricity

$41.98
Conservation / Capacity

Energy conservation and capacity programs

$3.80
Environmental Charge

Environmental compliance costs

$0.50
Storm Protection Cost Recovery

Storm hardening and restoration costs

$6.29
Asset Securitization Charge

Bonds related to retired nuclear plant costs

$11.09
Franchise Fee

Fee collected for use of local right-of-way

$3.91
Gross Receipts Tax

Florida state gross receipts tax

$3.26
Regulatory Assessment Fee

Florida Public Service Commission regulatory fee

$0.65
County / Municipal Utility Tax

Local tax on the purchase of electricity

$2.60
Total Monthly Bill$140.66

Rates effective August 2025. Based on Duke Energy Florida residential rate schedule RS-1. Actual bills may vary.

Bill Shock Is Real

Same 1,000 kWh usage — look how much more you pay now

20205 years ago
$134.00

per month for 1,000 kWh

Rate per kWh$0.1340
Annual cost$1,608.00
+83% increase
2025Today
$245.22

per month for 1,000 kWh

Rate per kWh$0.2452
Annual cost$2,942.64

That's an extra $1,334.64 per year — and rates are still climbing.

Inflation & Rate Increases

See how your bill grows over 25 years with compounding rate increases

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Annual Rate Increase:
Your electricity bill with 6% annual inflation

Year 25 bill: $6,901/year

Data based on U.S. Energy Information Administration (EIA) rate trends. Numbers are for illustration purposes only.

Hurricane Recovery Surcharges

Hidden fees on your utility bill you're already paying

Storm Recovery Fees

Added to every Florida ratepayer's bill

Hurricane Irma Recovery (2017)

Storm restoration surcharge added to monthly bills

+$3.36/mo

Hurricane Michael Recovery (2018)

Infrastructure repair and grid restoration costs

+$2.14/mo

Hurricane Dorian Recovery (2019)

Emergency response and power line replacement

+$1.87/mo

Hurricane Ian Recovery (2022)

Largest recent storm recovery surcharge in Florida

+$6.23/mo

Hurricane Idalia Recovery (2023)

Grid hardening and restoration assessment

+$2.45/mo
Total Monthly Surcharges+$16.05/mo

Surcharge amounts are approximate and vary by utility provider. Solar customers with net metering reduce or eliminate exposure to these fees.

The Economic Reality

Florida electricity rates have increased by an average of 20% annually over the past several years. This isn't a temporary spike — it's a structural shift driven by infrastructure costs, fuel prices, and regulatory changes. Every year you wait, your utility bill grows exponentially.

Bill Shock Is Real

In 2020, a typical 1,000 kWh monthly bill with FPL cost $73.36. By 2025, that same usage costs $133.99 — an 83% increase in just 5 years. Hurricane recovery surcharges, infrastructure upgrades, and fuel cost adjustments continue to push rates higher with no end in sight.

The Budget Pressure

Rising electricity costs don't exist in isolation. When your utility bill climbs $50-100 per month, that money comes directly from your family's budget — groceries, savings, vacations, your children's future. Over 25 years, this compounds into hundreds of thousands of dollars lost to the utility company.

Cost of Doing Nothing

If you do nothing, you will spend this much on electricity over the next 25 years:

$0

Based on 6% annual rate increase over 25 years

That money goes straight to the utility company with nothing to show for it.