Energy rate changes set to kick in Jan. 1

With 2021 upon us, power customers throughout the state should be ready for monthly rate changes set to go into effect Jan. 1.

The state’s Public Service Commission (PSC) landed on most of those numbers during a November meeting. Some Floridians will see an increase in their monthly payment this year, while others will see their bills drop.

Rates will rise for Florida Power & Light (FPL), Gulf Power and Tampa Electric Company (TECO) customers.

TECO’s customers will see the largest increase, with customers who use 1,000 kilowatt hours of electricity per month seeing their bills rise from $97.69 each month to $105.25. Though power companies use the 1,000 kilowatt hours per month standard for rate measurements, customers’ individual power usage will vary.

FPL’s monthly rate for 1,000 kilowatt hours of electricity use will go from $96.43 to $99.05. Gulf Power customers will only see a nominal increase, with equivalent rates going from $140.43 to $140.62.

Those who get services through Duke Energy or Florida Public Utilities Company (FPUC) will see a monthly reduction as the new year begins.

For Duke customers who use 1,000 kilowatt hours of electricity per month, their bills will go

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