Florida’s average electric bill is one of the highest in the country, according to a recent report from financial information website MarketWatch.
In a national comparison that looked at how much the average electricity bill was in each state, Florida ranked No. 4 at $168 per month, which is about $31 more than the national average. Hawaii had the highest electricity bill, clocking in at about $213 per month.
Florida energy costs have risen over the years in lockstep with the rest of the nation. Between 2010 and 2020, the average price of electricity per kilowatt-hour in the U.S. had risen slightly from about 12 cents per kilowatt-hour to about 13 cents before seemingly plateauing, according to data from the U.S. Bureau of Labor Statistics (BLS).
Electricity prices since 2020 have since skyrocketed to nearly 18 cents per kilowatt-hour as of October. In Miami , the only Florida metropolitan area reported in the BLS’ latest data, that cost was about 14 cents, down 10.7% from last October.