Gulf Power customers will see a 2.7 percent decrease in their electricity bills beginning in January if approved by the Florida Public Service Commission.
The residential bill for 1,000-kilowatt hours of electricity will drop by $3.71 to $135.58. This decrease is attributed to continued lower natural gas prices and coal used to generate electricity.
“We’ve worked very hard to manage our fuel mix to provide affordable, reliable electric service for our customers,” said Jeff Rogers, Gulf Power manager of external communication. “In the end it means lower electricity bills and that’s great news for Gulf Power customers.”
Each January the Florida Public Service Commission adjusts Gulf Power’s prices to reflect cost changes in fuel, environmental compliance and energy conservation programs.
Customers can find additional savings by making their homes more energy efficient. There are many low-cost and no-cost programs to help customers save money and energy available at MyGulfPower.com<http://www.gulfpower.com> or customers can download the Gulf Power app where energy efficiency tips are at their fingertips. Just search Gulf Power in iTunes or the Google Play store.