Lakeland Electric customers are also expected to see some relief beginning this fall.
Commissioners approved lowering the utility’s fuel charge to $47 per megawatt-hour for meters read on or after Oct. 1.
The previous fuel charge was $57 per megawatt-hour.
For a household using approximately 1,200 kilowatt-hours per month, the reduction could amount to roughly $12 in monthly savings.
Fuel charges are used by electric utilities to recover the cost of fuel used to generate electricity and can change as those costs rise or fall.
(Visited 45 times, 1 visits today)