Would you like to see which of our price plans works best for you?
Rate Comparison Calculations are based on: (1) The primary electric meter only (2) Your account for a specific service location (3) twelve consecutive months of electricity consumption history at that service location (4) Costs show the electric portion of your bill without taxes (5) Calculated costs may not match your electricity bill (6) Calculations are not a forecast of your future electricity bill amount
For more details, read "ELECTRIC RATE TARIFFS, VOLUME 1, LAKELAND ELECTRIC A DEPARTMENT OF THE CITY OF LAKELAND, FLORIDA, Rate Tariffs As Filed With The Florida Public Service Commission."
The base rate includes environmental compliance charges that are directly related to federal and state initiatives regarding clean air and water mandates. Most of the expenses are related to energy production and include air emission controls, water quality monitoring and capital spending for equipment necessary to comply with the Environmental Protection Agency’s Clean Air Act.
Lakeland Electric bills are broken out for customer convenience in detail to show the base charge, fuel charge and appropriate taxes and service charges. The fuel charge on a utility bill is exactly that, the actual costs for fuel used to generate the amount of electricity used within your residence. Most utilities subscribe to the same billing practice and break out the base rate and the fuel charge for their customers. There is no mark-up in fuel. In fact, fuel is a straight pass-through charge to customers.
As with most electric utilities that generate their own power, the cost of fuel is directly passed onto the customers. Keeping the fuel charge as low as possible, while also maintaining a financial fuel reserve to help mitigate fluctuating fuel costs, is an important part of Lakeland Electric’s ongoing effort to keep our customer’s electric costs low.