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Florida Electricity Prices Surge 13% Amid Rising Demand

11/7/2025

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Summary

Story summary

Florida electricity prices rose more than 13% in the past year, driven by residential demand and AI data centers.
Drew Maloney of the Edison Electric Institute said more households switching to electric vehicles and appliances will push demand higher.
The Energy Department projects electricity demand will grow 2.2% this year.
Kathy Letourneau, a Florida resident, said her monthly bills range from $200 to $300 on a fixed income.

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Story summary

Florida electricity prices rose more than 13% in the past year, driven by residential demand and AI data centers.
Drew Maloney of the Edison Electric Institute said more households switching to electric vehicles and appliances will push demand higher.
The Energy Department projects electricity demand will grow 2.2% this year.
Kathy Letourneau, a Florida resident, said her monthly bills range from $200 to $300 on a fixed income.