Friday, September 4, 2009

FPL Asks for 30% Electric Rate Increase

According to the Sun-Sentinel article by Julie Patel FPL wants to boost electric rates by at least $1 billion a year.

Under the FPL proposal, base rates for residential customers would increase about 30 percent the first year. The base rate for residential customers using 1,000 kilowatt hours would increase $12.40, from $39.31 now to $51.71 in January 2010 and by another $2.84 in 2011.

A great way to combat the inevitable rate increases is with a solar electric MyGen Kit.