Gulf Power Rates Decrease For The New Year

January 1, 2016

Gulf Power customers will see a decrease in their first monthly utility bill of the New Year.

The Florida Public Service Commission has approved Gulf Power’s request for the rate reduction. Beginning this month, Gulf Power customers will see a 2.7 percent decrease in their electricity bills.

The average residential bill for 1,000-kilowatt hours of electricity will drop $3.71 to $135.58. This decrease is due mostly to continued lower prices in natural gas and coal used to generate electricity.

“We’ve worked very hard to manage our fuel mix to provide affordable, reliable electric service for our customers,” said Jeff Rogers, Gulf Power manager of external communications. “In the end it means lower electricity bills and that’s great news for Gulf Power customers.”

Each January the FPSC adjusts Gulf Power’s prices to reflect cost changes in fuel, environmental compliance and energy conservation programs.

Comments

3 Responses to “Gulf Power Rates Decrease For The New Year”

  1. JJM on January 1st, 2016 8:11 pm

    I need all I can get after the holidays. Good work GP.

  2. charlie on January 1st, 2016 11:39 am

    good news!

  3. tg on January 1st, 2016 8:34 am

    Raise the bill 10% then lower it 2.7% thats how you make the customer feel good.