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Progress Energy to increase rates - again
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.
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)
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