FMEA Releases Monthly Bill Comparison Report for June 2024
FMEA’s Electric Bill Comparison for June 2024 shows the average bills of public power utilities across Florida are among the lowest in the state, coming in at an average of $26.14 lower than the average bills of other utilities per 1,000 kWh.
Overall, out of fifteen ranked categories, the City of Mount Dora reported the lowest bills in nine categories, the City of Alachua reported the lowest bills in five categories, and Lakeland Electric reported the lowest bills in one category.
For residential bills, out of three categories, the City of Alachua reported the lowest rates in all three categories.
For commercial bills, out of eight categories, the City of Mount Dora reported the lowest bills in five categories, while the City of Alachua reported the lowest bills in two categories and Lakeland Electric reported the lowest bills in one category.
In the industrial sector, out of four ranked categories, the City of Mount Dora reported the lowest bills in all four categories.
The FMEA Electric Bill Comparison provides a fair comparison of customer bills served by different utilities. The report includes utility rates, average franchise fees of six percent, and local payments in lieu of taxes.