FPL, TECO Expect Lower Customer Bills In 2015

MIAMI (CBSMiami/NSF) – Pointing to issues such as relatively low fuel costs, Florida Power & Light and Tampa Electric Co. said Friday that customers can expect to save a little money on their monthly electric bills in 2015.

The utilities released information about customer bills as they filed projected costs for fuel and other expenses with the Florida Public Service Commission.

This fall, the commission will finalize those costs, which flow through to customers’ bills.

FPL projected that residential customers who use 1,000 kilowatt hours of electricity a month would see their bills go from $101.51 to $99.65 next year. Also, FPL said business customers would see roughly 1 percent decreases.

Tampa Electric, meanwhile, projected that residential customers who use 1,000 kilowatt hours of electricity a month would see their bills go from $109.61 to $108.39. Commercial and industrial customers would see decreases of 1.7 percent and 3 percent, respectively, Tampa Electric said.

Low natural-gas prices have helped utilities hold down fuel costs in recent years.

Those costs make up a major part of customers’ bills.

“The News Service of Florida contributed to this report.”

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