Florida Public Utilities Files 2014 Electric Fuel Rates. Customers Will Benefit from Rate Decrease.
September 3, 2013 – Florida Public Utilities (FPUC) has filed with the Florida Public Service Commission (PSC) its 2014 electric fuel rates. If approved, FPU’s residential electric fuel rate will drop just over 1% in the Northwest division and nearly 7% in the Northeast division. FPU’s northwest division encompasses the City of Marianna and surrounding area. The northeast division includes Amelia Island and the City of Fernandina Beach.
A typical residential customer using 1,000 kilowatt hours per month would see their bill reduced from $131.96 to $129.98 in the northwest and from $130.99 to $122.33 in the northeast, exclusive of taxes and city franchise fees. Commercial customers bills in the northwest will remain about the same and in the northeast customers can expect a cost reduction.
Fuel rate adjustments are done annually to reflect fluctuations in the cost of fuel. If approved, the lower rates will become effective on January 1, 2014.
FPU is a wholly owned subsidiary of Chesapeake Utilities Corporation. Chesapeake Utilities Corporation (NYSE: CPK) is a diversified utility company engaged in natural gas distribution, transmission and marketing, electric distribution, propane gas distribution and wholesale marketing, advanced information services and other related services. Information about Chesapeake’s businesses is available at www.chpk.com.
For more information, contact Aleida Socarras, Florida Public Utilities at 863 885 1806 or email [email protected].