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17%  
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  • FPL Announces that Electric Rates may be lower in 2007 (Evil Florida Utility Company)

    09/02/2006 1:48:55 PM PDT · by Recovering_Democrat · 11 replies · 353+ views
    FPL ^ | 09/01/06
    JUNO BEACH, Fla. – Florida Power & Light Company announced today that beginning January 2007, FPL residential customers could see an approximate two percent decrease in electric rates, if fuel costs don’t rise beyond current forecasts...Although FPL’s fuel costs are expected to be somewhat higher in 2007, the company said that several factors lead to the proposed reduction of a residential 1,000 kilowatt hour (kWh) bill from $108.61 to $106.68, including: Increased fuel efficiency of FPL power plant fleet... Lower 2006 fuel costs than earlier forecast... A reduction of the storm restoration charge... “We share our customers’ concerns regarding fuel...