Fuel Adjustments Set For Electric Utilities

These adjustments reflect fluctuations in the price paid by utilities for fuel and will become effective during the January 2005 billing cycle.  The Commission allows utilities to recover fuel-related costs that are prudently incurred.  The following monthly amounts are based on 1,000 kilowatt-hours (kWh) of use:

• Residential customers of Florida Power & Light Company will pay $89.92 for 1,000 kWh of electricity.  This reflects an increase of $3.49 when compared with the current amount of $86.43.
  
  
• A residential customer of Progress Energy Florida will pay $94.43 for 1,000 kWh of electricity, which is $5.32 more than the current level of $89.11.
  
  
• Residential customers of Tampa Electric Company will pay $98.07 for 1,000 kWh of electricity.  This reflects a decrease of $0.94 when compared with the current amount of $99.01.
  
  
• A residential customer of Gulf Power Company will pay $85.13 for 1,000 kWh of electricity, which is $5.05 more than the current level of $80.08.
  
  
• Customers of Florida Public Utilities Company’s (FPUC) Marianna division will pay $69.56 for 1,000 kWh of electricity.  This reflects an increase of $3.07 when compared with the current amount of $66.49.  FPUC’s Fernandina Beach division customers will pay $62.22 for 1,000 kWh instead of the current amount of $55.09, an increase of $7.13.
  
  

###