The 30-Second Verdict
You don't choose your Florida electric utility — it's assigned by your location. But knowing your utility's rates, programs, and solar policies helps you maximize efficiency and savings.
Head-to-Head Breakdown
Florida Power & Light (FPL)
Pros
- Largest utility in Florida — best reliability infrastructure
- Strong clean energy transition — 30% solar capacity additions
- On Call demand response pays $8–$13/month
- Competitive base rates
Cons
- Net metering 2.0 significantly reduced solar export credit value
- Less favorable solar customer rate structures than some markets
Duke Energy Florida
Pros
- Proactive clean energy investment in Florida
- Energy Wise rebate programs for efficiency upgrades
- Strong customer service ratings
- Good EV charging incentives
Cons
- Higher base rates than FPL in some areas
- Smaller Florida coverage area
- Net metering policy similar to FPL — reduced export credits
Side-by-Side Comparison
| Florida Power & Light (FPL) | Duke Energy Florida | |
|---|---|---|
| Coverage Area | Southeast/South FL, Treasure Coast | Central FL, Space Coast, Charlotte |
| Residential Rate (kWh) | ~$0.12–$0.14/kWh | ~$0.13–$0.15/kWh |
| TECO Rate | N/A | ~$0.11–$0.13/kWh (Tampa area) |
| Solar Net Metering | Reduced credits — below retail rate | Reduced credits — below retail rate |
| Demand Response | On Call: $8–$13/month | Duke Smart Saver program |
| EV Charging Program | EV fleet programs | EV charging rebates |
| Outage Restoration | Strong storm restoration record | Good restoration capability |
| Best Programs | On Call, energy audits, solar | Energy Wise rebates, EV incentives |
Frequently Asked Questions
Can I choose my electric company in Florida?
No — Florida electric utilities are regulated monopolies assigned by geography. Your utility is determined by your address. You can add solar and reduce your dependence on grid electricity, but you cannot switch providers.
Does Florida have time-of-use electric rates?
Some Florida utilities are expanding TOU rate options — Duke Energy and FPL offer optional TOU plans for customers with smart meters. TOU rates charge more during peak hours (typically 4–9 PM on weekdays) and less off-peak. Solar + battery storage can make TOU rates financially advantageous.