Are you a bit outraged about Progress Energy's 25% rate increase as of Jan 1st, 2009?
The increase translates into $27.28 per 1,000 residential kWh. The rate increase includes $14.09 for fuel costs (including the under-recovered amount from 2008); $11.42 for new nuclear-plant construction in Levy County; 69 cents for an additional 180 megawatts (MW) of power at the Crystal River nuclear plant and $1.08 for environmental and conservation projects, including the installation of the latest clean-air technology at the company's coal-fired plants.
So, it's an investment for a cleaner environment, which is a good thing! Still, many Floridians on fixed or low incomes find themselves scratching their heads, escpecially in this declining economy.
We have some energy saving tips for you that might help you reduce your monthly electric bill a bit:
Progress Energy has a "Lower my Bill Toolkit" available from their website. Also, check out their Energy Neighbor Fund, designed to assist customers who are experiencing temporary financial difficulties.
Greetings,
Andrea Mills, who's energy bill shrunk by around 50%
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