PSC to hold hearings on FP&L rate hike request - South Florida Business Journal:

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billion rate hike request from The increase would apply to the base rate portion of the which accounts for aboutr 42 percent of the total bill that customers pay each The increase amountsto $12.55 a month, or 30 of the current base rates for customerx who use 1,000 kilowatt houra a month, according to the attorney general'sz office. “This proposed rate increas e is excessive, especially when homeowners are alreadyg struggling to make ends said Attorney General Bill whose office has intervened before the PSC in the rateincreased hearings. “While the economy is affecting power the difference should not be made up entirelg at the expenseof Floridians’ wallets.
” However, Floridwa Power & Light is disputing McCollum's claims. In an e-mailefd response, company spokesman Mayclo Villafana said the rate proposal wouldx resultin "even lower bills beginning in January 2010." He said that under the proposal the typicakl 1,000 kilowatt-hour residential bill actuallty would decrease from approximately $109 in Decembef to approximately $104 in reflecting reductions in the cost of fuel as well as fuel The first hearings are set to take place in Sarasota and Fort Meyerss on June 19, with additional hearingd the following week. Click for a full list of hearingb dates.