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Public Service Commission


NEWS RELEASE


11/08/2006 Contact: 850-413-6482

Fuel Charges Set For Electric Utilities


TALLAHASSEE — On November 8, the Florida Public Service Commission (PSC) set the 2007 fuel adjustment charges for the customers of Florida investor-owned electric utilities. The fuel adjustment charges were decided at a hearing where the Commission considered each utility’s projected costs of fuel and purchased power for 2007 as well as “trued up” costs for 2005 and 2006. The fuel charge appears on customer bills separate from other charges. Utilities are allowed to recover only the prudent costs of procuring fuel and purchased power necessary to meet customer demand. The utilities are not allowed to make a profit on fuel purchases.

The fuel adjustment charges for residential customers starting with the first billing cycle in January 2007 are:

• Florida Power & Light Company: The residential fuel charge will be 5.420 cents per kwh for the first 1,000 kwh and 6.420 cents per kwh for all additional usage. Based on the new fuel charges, the total monthly electric bill for residential customers using 1,000 kwh will be $103.51.

• Progress Energy Florida, Inc.: The residential fuel charge will be 4.798 cents per kwh for the first 1,000 kwh and 5.798 cents per kwh for all additional usage. Based on the new fuel charges, the total monthly electric bill for residential customers using 1,000 kwh will be $110.34.

• Tampa Electric Company: The residential fuel charge will be 5.922 cents per kwh. Based on the new fuel charges, the total monthly electric bill for residential customers using 1,000 kwh will be $114.54.

• Gulf Power Company: The residential fuel charge will be 3.959 cents per kwh. Based on the new fuel charges, the total monthly electric bill for residential customers using 1,000 kwh will be $101.87.

• Florida Public Utilities (Marianna): The residential fuel charge will be 4.420 cents per kwh. Based on the new fuel charges, the total monthly electric bill for residential customers using 1,000 kwh will be $70.29.

• Florida Public Utilities (Fernandina): The residential fuel charge will be 5.170 cents per kwh. Based on the new fuel charges, the total monthly electric bill for residential customers using 1,000 kwh will be $77.98.



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