FMEA Releases Monthly Bill Comparison Report for May 2024

FMEA’s Electric Bill Comparison for May 2024 shows the average bills of public power utilities across Florida are among the lowest in the state, coming in at an average of $27.59 lower than the average bills of other utilities per 1,000 kWh.

Overall, out of fifteen ranked categories, the City of Alachua reported the lowest bills in fourteen categories, and Lakeland Electric reported the lowest rates 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 ranked categories, the City of Alachua reported the lowest bills in seven categories, while Lakeland Electric reported the lowest bills in one category.

In the industrial sector, out of four ranked categories, the City of Alachua 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.