Vacant properties drag down electricity sales
An increase in vacant homes contributed to a significant slowing Progress Energy Florida's electricity sales, the company said Thursday morning as it discussed first quarter results.
The number of vacant properties increased in February and March, compared with the same months last year, the utility said. The utility defines unoccupied property as a customer using less than 200 kilowatt hours of electricity a month. The average residential customer uses nearly 1,100 kilowatt hours a month.
To read more and to view Progress Energy's presentation, go to our blog The Fueling Station.
-Asjylyn Loder, Times Staff Writer
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