FPL files for lower rates due to lower natural gas cost projection

@font-face {“MS 明朝”; }@font-face {“Cambria Math”; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 0.0001pt; font-size: 12pt;”Times New Roman”; }a:link, span.MsoHyperlink { color: blue; text-decoration: underline; }a:visited, span.MsoHyperlinkFollowed { color: purple; text-decoration: underline; }.MsoChpDefault { }div.WordSection1 { page: WordSection1; }

Juno Beach, Fla., November 21, 2011 – In a filing with the Florida Public Service Commission, Florida Power & Light Co. revised its anticipated 2012 fuel costs downward by about $460 million.

If the lower rate is approved by the PSC, the amount that a 1,000-kWh FPL residential customer will pay monthly for fuel in 2012 will drop by $4.53 compared to the company’s previous projection.

This reduction in the fuel charge, in combination with adjustments to other components of the bill, will produce a net decrease on a typical FPL customer’s monthly bill of about $2.00, from $96.54 in December 2011 to $94.62 beginning in January 2012.

FPL’s 1,000-kWh residential monthly bill is more than 20 percent lower than the national average and the lowest of Florida’s 55 electric utilities.

Previous articleDemand side projects in PJM providing frequency regulation
Next articleSouthern Research to build SCR catalyst test facility in Alabama
The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

No posts to display