CutYourElectric

Electricity rates in Lake Placid, FL

Typical rate
17.48¢
Duke Energy Florida
Est. monthly bill
$176
1,009 kWh/month
vs. Florida
+14%
state 15.39¢
Outage time (2025)
2 hr 51 min
Highlands County avg

Lake Placid (2,164 people, Highlands County) is served by 3 electric utilities. Homes on Duke Energy Florida pay about 17.48¢/kWh, 14% more than the Florida average.

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Electric companies serving Lake Placid

UtilityTypeRateAvg billHomes (statewide)Outage min
Duke Energy FloridaInvestor-owned utility17.48¢$1761.82M87
Lee County Electric Co-opElectric cooperative14.34¢$169237K58
Glades Electric Co-opElectric cooperative18.45¢$20115K427

Power outages in Highlands County right now

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Outage history in Highlands County

20242025
Outage minutes per customer3,871171
Days with outages8165
Most customers out at once51,117 (130.9%)9,492 (24.3%)
Worst day2024-10-102025-11-19

Outage minutes by month, 2025

  • Jan5
  • Feb3
  • Mar17
  • Apr18
  • May23
  • Jun13
  • Jul34
  • Aug18
  • Sep9
  • Oct5
  • Nov10
  • Dec17

Less outage time than 2024 (3,871 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.

Nearby cities

ZIP codes: 33852, 33862

Frequently asked questions

What is the electricity rate in Lake Placid?

Most homes in Lake Placid get power from Duke Energy Florida, where residential customers pay an average of 17.48¢/kWh including all charges. The Florida average is 15.39¢ and the U.S. average 17.99¢. Other utilities serving parts of Lake Placid: Lee County Electric Co-op (14.34¢), Glades Electric Co-op (18.45¢).

What is the average electric bill in Lake Placid?

About $176 a month, based on 1,009 kWh a month (the average for Duke Energy Florida customers) at 17.48¢/kWh. Homes with electric heat, pools or EVs pay more.

Who is the electric company in Lake Placid, FL?

3 utilities serve Lake Placid's ZIP codes: Duke Energy Florida, Lee County Electric Co-op, Glades Electric Co-op. Which one serves you depends on your street address.

How often does the power go out in Lake Placid?

In 2025, customers in Highlands County averaged 2 hr 51 min without power. Outages hit 65 days of the year, and the worst day was 2025-11-19, when 9,492 customers (24.3%) were out. Source: ORNL EAGLE-I.