Residential Price Plans

Would you like to see which of our price plans work best for you?

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Rate Comparison Calculations are based on: (1) The primary electric meter only (2) Your account for a specific service location (3) twelve consecutive months of electricity consumption history at that service location (4) Costs show the electric portion of your bill without taxes (5) Calculated costs may not match your electricity bill (6) Calculations are not a forecast of your future electricity bill amount

OR

Rate Tariffs ver. April 2021

For more details, read "ELECTRIC RATE TARIFFS, VOLUME 1, LAKELAND ELECTRIC A DEPARTMENT OF THE CITY OF LAKELAND, FLORIDA, Rate Tariffs As Filed With The Florida Public Service Commission."

RESIDENTIAL RATES BASED ON 1,000 kWh
Previous Rates
New Rates – Effective April 1, 2021
Base Charge
$64.87
$ 64.87 (includes environmental charges)
Fuel charge
$ 35.00
$ 40.00 (includes fuel increase)
TOTAL
$ 99.87
$ 104.87

The base rate includes environmental compliance charges that are directly related to federal and state initiatives regarding clean air and water mandates. Most of the expenses are related to energy production and include air emission controls, water quality monitoring and capital spending for equipment necessary to comply with the Environmental Protection Agency’s Clean Air Act.

Lakeland Electric bills are broken out for customer convenience in detail to show the base charge, fuel charge and appropriate taxes and service charges. The fuel charge on a utility bill is exactly that, the actual costs for fuel used to generate the amount of electricity used within your residence. Most utilities subscribe to the same billing practice and break out the base rate and the fuel charge for their customers. There is no mark-up in fuel. In fact, fuel is a straight pass-through charge to customers.

As with most electric utilities that generate their own power, the cost of fuel is directly passed onto the customers. Keeping the fuel charge as low as possible, while also maintaining a financial fuel reserve to help mitigate fluctuating fuel costs, is an important part of Lakeland Electric’s ongoing effort to keep our customer’s electric costs low.

Monthly Charge as of 10/01/2018
Customer Charge
$11.00
Energy Charge
<1,000 kWh
5.085¢ per kWh
1,001 - 1,500  kWh
5.805¢ per kWh
>1,500  kWh
6.415¢ per kWh
Minimum Bill
Customer Charge
Adjustments (see data below)
Adjustments as of 04/01/2021
Fuel Charge
4.000¢/kWh
Environmental Charge
0.28758¢ per kWh
Smart Grid Charge
0.014¢ per kWh
Taxes
Regulatory Tax
Florida Gross Receipts
Utility Tax inside City Limits
10%
Surcharge outside of City Limits
10%
Polk County Public Service Tax
10%
Polk City resident franchise fee
4%
The Demand price plan is a combination of two things: 1) a demand charge ($6.00 per kilowatt - kW) that is only applied during a defined peak period and 2) a lower energy rate (2.427¢ per kilowatt hour - kWh). In comparison to the Demand price plan, the Lakeland Electric Standard price plan charges an energy rate between 5 to 6 cents per kilowatt-hour used with no peak period demand charge.

Customers on the Demand price plan will benefit by lessening their household demand during short periods of time, meanwhile enjoying a much lower energy rate at all times. The demand charge is determined by the customer’s highest usage during the peak hours within one payment period.

The residential peak period for the Demand price plan occurs on weekdays only and accounts for a mere 15% of the entire year. Six holidays are also Off-Peak when they occur Monday through Friday (see schedule below for exact hours).
 

The On-Peak hours are as follows (see image below as well):

Winter (Nov 1 – March 31):

  • Monday – Friday 6:01 a.m. – 10:00 a.m.
  • Exceptions for holidays: Thanksgiving Day, Christmas Day, New Year’s Day
Demand Peak Hours Off Peak 10:01 am - 6:00 am On Peak 6:01 am - 10:00 am

Summer (Apr 1 – Oct 31):

  • Monday - Friday 1:01 p.m. - 8:00 p.m.
  • Exceptions for holidays: Memorial Day, Independence Day, Labor Day

Demand Summer Peak Hours Off Peak 8:01 pm - 1:00 pm On Peak 1:01 pm - 8:00 pm

The Demand price plan creates an incentive for customers to smooth out their load. The customer can do this through efficiency practices, like not running multiple appliances at one time, avoiding using appliances during peak periods, etc. Other money-saving technologies, such as battery storage and load controllers, could help as well.
 
Monthly Charge as of 10/01/2018
Customer Charge
$11.00
Energy Charge
2.427¢ per kWh
Demand Charge
$6.00 per kW of Billing Demand
Minimum Bill
Customer Charge
Demand Charge when applicable
Adjustments (see data below)
Adjustments as of 04/01/2021
Fuel Charge
4.000¢ per kWh
Environmental Charge
0.28758¢ per kWh
Smart Grid Charge
0.014¢ per kWh
Taxes
Regulatory Tax
Florida Gross Receipts
Utility Tax inside City Limits
10%
Surcharge outside of City Limits
10%
Polk County Public Service Tax
10%
Polk City resident franchise fee
4%
If you can “shift” some of the power you use to a different time of day, this new rate option will give you an opportunity to save money. The plan features two different Monday-through-Friday “pricing periods” Off-Peak (lowest cost) and On-Peak (highest cost). In addition, weekends are Off-Peak.

Off Peak Days

All hours of Saturdays, Sundays, New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day shall be Off-Peak.

  • Adjustments and Taxes apply. Because of typical weather patterns and related electricity demands, the pricing periods for Winter and Summer are different, as seen in the charts below.
  • The bottom line is this: If you can use more of your electricity during Off-Peak hours, you too can save money on the Shift-to-Save Rate Plan


Winter (November 1 through March 31):

Rates below include Energy, Fuel, Smart Grid Charges and Environmental
as of 04/01/2021

Off-Peak:

10:01 p.m. - 6:00 a.m.
10:01 a.m. - 6:00 p.m.
 
5.326¢ per kWh


 
On-Peak:

6:01 a.m. - 10:00 a.m.
10:01 a.m. - 6:00 p.m.
18.191¢ per kWh


 

Shift to Save Winter Peak Hours Off Peak 10:01 pm - 6:00 am and 10:01 am - 6:00 pm On Peak 8:01 am - 10:00 am and 6:01 pm - 10:00 pm

Summer (April 1 through October 31):

Rates below include Energy, Fuel, Smart Grid Charges and Environmental
as of 04/01/2021.

Off-Peak:

9:01 p.m. - 12:00 p.m.
 
5.326¢ per kWh


 
On-Peak:

12:01 p.m. - 9:00 p.m.
18.191¢ per kWh

 

Shift to Save Peak Hours Off Peak 9:01 pm - 12:00 pm On Peak 12:01 pm - 9:00 pm

Monthly Charge as of 10/01/2018
Customer Charge
$11.00
Energy Charge
Off-Peak
1.460¢ per kWh
On-Peak
12.921¢ per kWh
Minimum Bill
Adjustments as of 04/01/2021
Fuel Charge Off-Peak:
3.5640¢ per kWh
Fuel Charge On-Peak:
4.9680¢ per kWh
Environmental Charge
0.28758¢ per kWh
Smart Grid Charge
0.014¢ per kWh
Taxes
Regulatory Tax
Florida Gross Receipts
Utility Tax inside City Limits
10%
Surcharge outside of City Limits
10%
Polk County Public Service Tax
10%
Polk City resident franchise fee
4%