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Lakeland Electric issues emergency fuel rate adjustment

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Posted at 10:43 AM, Apr 07, 2020
and last updated 2020-04-08 04:31:52-04

LAKELAND, Fla. --Lakeland Electric announced an emergency fuel rate adjustment on Tuesday during the coronavirus pandemic.

According to a press release, city commissioners voted to lower the electric fuel charge on Monday. For the months of May and June, the fuel charge will be reduced from $27.00 per 1000 kWh to $20.00 per 1000 kWh, the release says.

The regular rate is expected to resume in July.

The company says it's accelerating the under-recovery of the fuel reserve to provide customers with emergency relief.

Residential Rates Based on 1,000 kWh

Current

Rates – Effective May 2020

Base Charge* (see below for a breakdown of charges)

$64.77

$64.77

Fuel Charge

$27.00

$20.00

TOTAL:

$91.77

$84.77

*Base Charge

Customer Charge

$ 11.00/month

Energy & Smart Grid Charges

$50.99/1000 kWh

Environmental Charge

$ 2.78/1000 kWh