FMEA Releases Monthly Bill Comparison Report for October 2022

FMEA’s Electric Bill Comparison for October 2022 shows the average bills of public power utilities across Florida are $3.38 more than the average bills for investor-owned utilities per 1,000 kWh.

Overall, out of fifteen ranked categories, Homestead Public Services reported the lowest bills in seven categories, the City of Tallahassee in six categories and New Smyrna Beach Utilities in two categories.

For residential bills, out of three categories, Homestead Public Services reported the lowest rates in all three categories.

For commercial bills, out of eight ranked categories, the City of Tallahassee reported the lowest bills in four categories, while Homestead Public Services and New Smyrna Beach Utilities each reported lowest rates in two categories.

In the industrial sector, out of four ranked categories, Homestead Public Services reported the lowest bills in two categories and the City of Tallahassee was lowest in two categories as well.

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.