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Gulf Power Customer To See Slight Decrease In Bills Next Month
December 21, 2011
Gulf Power customers will see a decrease in their electric bill beginning in January, according to Jeff Rogers, company spokesman.
The Florida Public Service Commission has approved a decrease in electricity bills due to lower coal and natural gas prices.
Currently, the electric bill for an average home using 1,000 kilowatt-hours is $127.16. At the beginning of 2012, the same amount of electricity will cost $125.80, a decrease of $1.36.
“The FPSC adjusts our prices each year based on the cost of the fuel used to make electricity, power bought from other utilities and providers, environmental compliance expenses and the cost of energy efficiency programs for customers, said Rogers. “Through prudent planning of our generation needs, we are able to optimize our fuel purchases and environmental compliance expenses which will result in a net decrease to our customers in January 2012.”
Gulf Power monitors its fuel mix to use the most cost-effective generation available during a 24 period, allowing the company take advantage of lower fuel prices for coal and natural gas, Rogers said.
Comments
6 Responses to “Gulf Power Customer To See Slight Decrease In Bills Next Month”
REGARDING:
“Heaven help us when coal and nat gas prices bounce up from some of their lowest prices ever”
If they build nuclear, fuel prices won’t be much of a factor. “The average fuel cost at a nuclear power plant in 2010 was 0.65 cents / kWh. ” (per http://www.nei.org/resourcesandstats/nuclear_statistics/costs/)
About two thirds of a penny per kilowatt-hour of energy.
David for free power
and Santa
Heaven help us when coal and nat gas prices bounce up from some of their lowest prices ever. My fear is that any small increase in the price of these inputs will double our bills quickly because my bill has risen even in the face of these input costs bottoming out and staying there and even going lower. It is not going to be pretty when they reverse course and start going back up. The poor mouthing for rate increases by Gulf Power will probably be more than I can take I am afraid.
Why are all you folks so upset with gulf power. All they do is provide affordable energy. For all those who want it “cleaner”, it costs money. So don’t blame gulf power, they try to keep the costs down. Personally, I like my electricity. In the whole scheme of things, I think the cost is pretty reasonable. It is kinda like the grocery store, we all can see that things have increased in price. What do you do, cut back. If its a short week, or short month we’ll be eating chicken and rice. You have to manage your electricity just like you do anything else. I feel like I have control because the less I use the less I pay, the more I use the more I pay. Simple! Merry Christmas
REGARDING:
“a decrease of $1.36.”
YES! YES!!! YES!!!!!
David thrilled over small things
I agree with c.w.
Be ready folks. Its all smoke and mirrors. Gulf power is setting us up for their rate hike. The PSC will approve their request for more money for what?? We need another sorce of electricty and gulf power needs some competition.