How much will Progress Energy Florida customers pay in January 2010 if the PSC denies the company’s request?
If the PSC denies the company’s request and the company follows the normal procedure, the average commercial customer bill would increase 4-7 percent and the average industrial customer bill would increase 7-10 percent starting with the January 2010 bill. The total 1,000 kWh customer bill will be $ 136.92 – an increase of $ 9.61 (about 8 percent) over current prices starting with the January 2010 bill. Q: Throughout its rate case proceedings, Progress Energy Florida repeatedly asserted the immediate need for a base rate increase. Does this request mean Progress Energy Florida no longer needs the total proposed base rate increase? A: No. The needs outlined by Progress Energy Florida during the company’s base rate proceedings remain very real. However, the company wants to balance its real need for a base rate increase with the commission’s desire to take more time and to allow the new commissioners to vote on this case. Progress Energy Florida is therefore asking the commissioners to le
