Price Decrease Announced For Gulf Power Customers

Florida Public Service Commission approves price decrease for Gulf Power customers
Florida Public Service Commission approves price decrease for Gulf Power customers

PENSACOLA, Florida – Gulf Power customers will see a decrease in their monthly utility bill beginning in January.

On Monday, the Florida Public Service Commission approved Gulf Power’s request for the rate reduction. Starting January 2016, Gulf Power customers will see a 2.7 percent decrease in their electricity bills.

The average residential bill for 1,000-kilowatt hours of electricity will drop $3.71 to $135.58. This decrease is due mostly to continued lower prices in natural gas and coal used to generate electricity.

Each January the FPSC adjusts Gulf Power’s prices to reflect cost changes in fuel, environmental compliance and energy conservation programs.

Customers can find additional savings by making their homes more energy efficient. There are many low-cost and no-cost programs to help customers save money and energy available at MyGulfPower.com.

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