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Century To Vote On Gulf Power Franchise Fee Increase, Consider EREC Hike; Customers Will Pay Up
April 17, 2021
The Town of Century will vote Monday on a franchise fee increase for Gulf Power and will begin the formal process for Escambia River Electric Cooperative.
In 1994, the franchise fees for both utilities were increased from 3% to 5%, and now the council is raising the fee to 6%.
While the franchise fee is technically charged to the utility, both Gulf Power and EREC tell NorthEscambia.com that they pass the full cost of the fee on to their customers.
During a 7 p.m. meeting Monday, the council will hold a public hearing on the Gulf Power franchise fee increase before a final vote. A first reading of the EREC agreement will be held, and a vote will come at a future meeting.
Gulf Power customers with an average 1,000 kwh monthly usage pay about $140 a month, according to Florida Public Service Commission documents. The franchise fee increase will cost customers in the Century town limits about $1.40 per month. According to EREC, their average customers pays about $146 for 1,000 kwh, equating a franchise fee increase of $1.46.
Comments
4 Responses to “Century To Vote On Gulf Power Franchise Fee Increase, Consider EREC Hike; Customers Will Pay Up”
“While the franchise fee is technically charged to the utility, both Gulf Power and EREC tell NorthEscambia.com that they pass the full cost of the fee on to their customers.” Was there ever any doubt about who would actually be paying. The exact same will happen when the Government raises the Corporate tax rate back up, to supposedly pay for the new infrastructure programs. Guess who really pays for the increased tax bite.
not near enough money with the storms getting more and more stronger do not impose less than 10 percent the power company will need that money sooner than we all see comming yea yea I know most won’t like what I’m saying here that’s ok but the money is needed to keep your power going into your home’s . new limes etc need updated. so just suck it up if you want better you pay for it that’s what we do. don’t settle for less than 10 percent Gulf power needs that money and they need it now.
NO!
Pay more money for the same aging electrical grid and poor customer service. Sounds good to me.