Electricity Rates in St Petersburg, FL

The average residential electricity rate in St Petersburg is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill for St Petersburg homeowners is approximately $112.

With solar panels, St Petersburg homeowners can reduce their electricity costs by approximately 84%, saving around $94 per month or $38,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.

The major electric utilities serving the St Petersburg area include Florida Power & Light (FPL), Duke Energy Florida, Tampa Electric (TECO). Rates vary between providers, so your exact cost depends on your utility and usage level.

Yes, electricity rates in St Petersburg and across Florida have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.