Rates for Gulf Power customers to increase next year

Gulf Power customers will see higher bills beginning with the new year.

The Florida’s Public Service Commission set fuel recovery charges for four of Florida’s investor-owned electric utilities this month.

Every year the Florida Public Service Commission has to decide how much of the cost each of Florida’s power companies can recovery on fuel and purchased power, capacity, conservation, and environmental requirements. 

Utilities cannot make a profit on fuel charges.

Beginning in January, Gulf Power customers will see the cost of 1000 kilowatts of electricity increase from $132.00 to $139.29.

Duke Energy Florida’s recovery charges will be decided at the Public Service Commission’s hearing on November 25.

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