Progress Energy to increase rates - again

Saturday, March 21, 2009

Post a comment | E-mail this story | Print

BAY AREA (Bay News 9) -- Earlier this month, Progress Energy announced it would be lowering month bills for customers, but now the utility has said it plans to raise rates this summer.

According to Bay News 9's partner paper, the St. Petersburg Times, Progress Energy asked state regulators to raise its base rates starting in July. The utility wants to increase rates by $4.88 a month per 1,000 kilowatt hours. Another hike of $9.38 would follow in January.

The average customer uses 1,200 kilowatt hours.

Last Tuesday, the utility lowered its charges for both fuel and its nuclear project, equaling a savings of about $15 a month.

Energy saving tips

Previous stories

Progress Energy files proposal to lower electric bills (Feb. 12, 2009)
Fighting rising power bills (Aug. 1, 2008)
Progress Energy looks to hike utility rates - again (June 28, 2008)

Be in the Know with Bay News 9 Now!

Get news, weather, and traffic alerts delivered directly to your computer desktop, e-mail, or cell phone with Bay News 9 Now.

Subscribe for free!

In-depth with Charlie Crist

crist Florida Gov. Charlie Crist responds to backlash from his own party, corruption in politics, critics who say he backtracked on supporting the federal stimulus, and much more. It's all Sunday on Political Connections at 11 a.m. and 8 p.m.