TALLAHASSEE, Fla. (AP) - The Public Service Commission has cut fuel cost recovery rates for three of Florida's investor-owned power companies starting in January.
The commission reduced final monthly bills for residential customers using 1,000 kilowatt hours, which is about average, by the following amounts on Tuesday:
- Tampa Electric Co., down by $5.71 for a 107.02 total.
- Gulf Power Co., down by $3.52 for a $122.67 total.
- Florida Public Utilities' Marianna Division down by $3.48 for a $152.06 total.
- Florida Public Utilities' Fernandina Beach Division down by 51 cents for a $132.34 total.
New fuel rates for Florida Power & Light Co. and Progress Energy Florida will be set later this year.