Company to pass on cost of upgrade at Turkey Point nuclear plant

FLORIDA TODAY

You might want to think about opening your windows next year and making sure your lights are turned off.

Florida’s Public Service Commission on Tuesday approved a $1.14 increase to FPL’s base rates for the completed power “uprate” project at its Turkey Point 4 nuclear unit. That’s on top of other “recovery amounts” — expenditures the state allows utilities to pass along to customers outside the normal rate schedule— previously approved for FPL.

Starting in January 2014, the monthly bill for an FPL residential customer using 1,000 kilowatt hours will be $100.01, a $4.90 increase from the current $95.11 charge.

FPL recovery amounts include: fuel and purchased power, $30.67; capacity, which includes nuclear, $7.86; conservation, $3.37; environmental, $2.30; and gross receipts tax, $2.50.

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Florida Power and Light customers will pay, on average, about 5 dollars more a month

ASSOCIATED PRESS

TALLAHASSEE, Fla. – Customers of Florida’s largest utility will soon start paying more on their power bills.

State regulators on Tuesday approved changes requested by Florida Power & Light that will raise the average residential bill nearly $5 a month.

The increase takes effect in January.

A typical customer who uses 1,000 kilowatt hours a month would see their bill go from $95.20 a month to $99.95 a month.

FPL has roughly 4.6 million customers in the state.

A spokesman for FPL pointed out that the utility still has the lowest rate among the state’s 55 electric utilities.

One of the main reasons for the rate change is an increase in how much the utility pays for fuel. Fuel charges are passed on directly to consumers with no mark up.