Thursday, September 28, 2017

Lake Worth now has electric rate parity with FPL

or so they say--

Electric Rate Parity -

Something that Vice Mayor Scott Maxwell was insistent upon was electric rate parity with Florida Power & Light.<

The city stated the following: On Tuesday night the commission confirmed that as of the first full bill in 2018 (January) a residential customer using 1000 KWH  will be billed $0.21 less through LWU than through FP&L. The chart below shows a breakdown of how this is determined. An important note is the 8% franchise fee, this is a charge that FP&L would be charged to do business within the City and would pass on to customers. Because LWU is a City owned utility it does not have to pay this fee.

Click to enlarge

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