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Florida Power & Light vs Xcel Energy

Xcel Energy has 4.1% cheaper electricity at 15.56¢/kWh vs 16.22¢/kWh for Florida Power & Light. A typical customer saves about $5.94/month with the cheaper utility.

Florida Power & Light

16.22¢

per kWh

5,700,000 customers

Florida

Xcel Energy

15.56¢

per kWh

1,400,000 customers

Colorado

Detailed Comparison

MetricFlorida Power & LightXcel EnergyNational Avg
Avg Rate16.22¢/kWh15.56¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$145.98$140.04$154.98
Est. Annual Bill$1,751.76$1,680.48$1,859.76
Customers Served5,700,0001,400,000
Service StateFloridaColorado
Service TypeElectricElectric & Gas

Bottom Line: Florida Power & Light vs Xcel Energy

Xcel Energy offers the lower electricity rate at 15.56¢/kWh — 4.1% cheaper than Florida Power & Light's 16.22¢/kWh. On a typical 900 kWh/month household, that's a savings of $5.94/month or $71.28/year.

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)