Power Rates Increase Again
Florida Power and Light and Progress Energy Florida have both filed requests for an increase in rates to cover the cost of fuel required to run their power plants. The requests, if approved, will be instigated in January 2006.
Increases were planned before Hurricane Katrina due to the rising costs of fuels, but the knock out of Gulf Oil supplies has exacerbated the need for the rate hikes. Customers face rises of 15% with Florida Power and Light and over 10% with Progress Energy.
Posted on 12 September 2005
