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Progress Energy Florida proposes to lower overall electric bills in 2011

September 1, 2010

Progress Energy Florida has filed requests to lower customers’ bills in 2011. If approved by the Florida Public Service Commission, these changes would result in an annual savings of nearly $53.00 for residential customers using 1,000 kilowatt-hours (kWh) per month.

The changes proposed by the company are included in annual filings projecting costs for fuel and purchased power, environmental upgrades and nuclear charges. Based on the current filings, these changes will save a residential household $4.40 per month on a 1,000 kWh bill, or $52.80 over 12 months compared to current bills. The average reduction, if approved, will be up to 3 percent for commercial customers and up to 2 percent for industrial customers.

“Our actions to control costs through effective fuel management and efficient operations are resulting in savings for our customers,” said Vincent Dolan, president and CEO of Progress Energy Florida. “We know the lingering recession has taken a toll on many of our customers, and we’re focused on keeping electricity safe, reliable, environmentally sound and as affordable as possible for the households and businesses that depend on us.”

View the rest of the Progress Energy press release here.

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