PENSACOLA — Gulf Power customers will see a decrease in their monthly utility bill beginning in January.
On Monday, the Florida Public Service Commission approved Gulf Power’s request for the rate reduction. Starting January 2016, Gulf Power customers will see a 2.7 percent decrease in their electricity bills.
The average residential bill for 1,000-kilowatt hours of electricity will drop $3.71 to $135.58. This decrease is due mostly to continued lower prices in natural gas 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 communications. “In the end it means lower electricity bills and that’s great news for Gulf Power customers.”
Each January the FPSC 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 www.MyGulfPower.com.
This article originally appeared on Crestview News Bulletin: Florida Public Service Commission approves Gulf Power price decrease