According to a City press release, the Lakeland City Commission voted today to lower the fuel charge for Lakeland Electric customers,
Starting January 1, 2009 the charge will lower $5 per 1000 kilowatt/hours ($65.90 to $60.90 per 1000 KWH). The base rate will be $58.49 per 1000 KWH for a total of $119.39 per 1000 KWH.
For comparison, the charges on January 1, 2008 were $60.00 (fuel) and $58.23 (base) for a total of $118.23 per 1000 KWH.
The Ledger’s Rick Rousos had a good article on Lakeland Electric a few days ago — before the rate drop. One point a lot of customers miss is clearly stated by Rousos:
Lakeland Electric customers cover the exact cost of fuel, and the utility makes or loses money on the base rate it charges.
Bio: The short line? Father, husband, writer. My online presence is primarily through as the editor, writer, and occasional photographer for the news sites, Lakeland Local, a sampling of the news, concerns, and events for Lakeland, Florida, and Metro i4 News, which covers the Interstate 4 corridor in Central Florida. Both sites feature the work of myself and other contributors. As a hobby, I manage a forum and some web sites that feature a pulp fiction series written by Lester Dent -- Doc Savage Organized, Doc Savage Info, and Flearun.
Cat Carter
1 year ago
I am just excited that the Commissioners decided to lower the rate. Typically when you see a hike you rarely see something lowered later on.