Published 4 years ago
LAKELAND ELECTRIC TO MAINTAIN FUEL CHARGE NEXT QUARTER
LAKELAND ELECTRIC TO MAINTAIN FUEL CHARGE NEXT QUARTER
EFFECTIVE July 1, 2021
LAKELAND, Fla. (June 9, 2021) - The Lakeland City Commission voted Monday, June 7, to maintain the electric fuel charge for Lakeland Electric customers for the next fiscal quarter (Jul./Aug./Sep. 2021). After giving a presentation at the Utility Committee meeting on Friday, June 4, staff recommended maintaining the fuel charge at $40.00 per 1,000 kilowatt-hour (kWh).
The fuel charge will remain 4¢ per kWh. Multiplying the fuel charge by 1,000 kWh, the amount an average residential home utilizes in a month, the cost equals $40.00 per 1,000 kWh for fuel.
Lakeland Electric continues to have some of the lowest electric rates in the state. As with most electric utilities that generate their own power, the cost of fuel is passed directly to customers. This makes the fuel charge an important part of Lakeland Electric's ongoing effort to keep our customer's electric costs low.
The fuel charge will remain 4¢ per kWh. Multiplying the fuel charge by 1,000 kWh, the amount an average residential home utilizes in a month, the cost equals $40.00 per 1,000 kWh for fuel.
Lakeland Electric continues to have some of the lowest electric rates in the state. As with most electric utilities that generate their own power, the cost of fuel is passed directly to customers. This makes the fuel charge an important part of Lakeland Electric's ongoing effort to keep our customer's electric costs low.
| Residential Rates Based on 1,000 kWh | Current | Rates – Effective July 2021 | |
| Base Charge* (see below for a breakdown of charges) | $64.87 | $64.87 | |
| Fuel Charge | $40.00 | $40.00 | |
| TOTAL: | $104.87 | $104.87 | |
| *Base Charge | Current | Rates – Effective July 2021 | |
| Customer Charge | $ 11.00/month | $ 11.00/month | |
| Energy & Smart Grid Charges | $50.99/1000 kWh | $ 50.99/1000 kWh | |
| Environmental Charge | $ 2.88/1000 kWh | $ 2.88/1000 kWh | |
