Make us your home page

Progress Energy price for residents to rise

Progress Energy bills could increase by more than 18 percent by January as the utility piles on costs to reflect more expensive fuel, upgrades and its $17-billion nuclear project in Levy County. Residential customers could see an average increase of more than $23 a month.

Customers could face an 8 percent increase as early as August because of soaring fuel costs, the utility said Friday. The utility asked state regulators for a midyear increase in fuel charges of $12.07 per 1,000 kilowatt hours. If it is approved, customers will start seeing the charge in August.

Progress Energy also plans to pass on charges for scrubbers installed on its Crystal River coal plant, a fuel switch to natural gas at its Anclote power station and changes to its Crystal River nuclear plant that will increase its electric output. The utility also has asked regulators to approve a $17-billion nuclear project in Levy County. If approved, that project could add $7.50 per 1,000 kilowatt hours starting in January.

Progress Energy projected the net impact on monthly bills to be $8.68 per 1,000 kilowatt hours. The fuel charge will be partially offset by the deletion of a storm surcharge of $3.61 per 1,000 kilowatt hours. The total rate will climb to $116.79 from $108.11.

Asjylyn Loder can be reached at or (813) 225-3117.

Progress Energy adding new charges

AmountWhenWhat for?
– $3.61JulyDeletion of surcharge used

to build the utility's hurricane fund
+ $12.07Aug. 1Cost of increasing fuel, especially

natural gas and oil
+ $7.50JanuaryStart paying for the $17-billion

Levy nuclear project
+ 71 cents2009-2011Cost of increasing electric output

of Crystal River nuclear plant
+ $3.502009-2016Cost of clean air upgrades

at Crystal River and Anclote plants

Source: Progress Energy Note: All amounts per 1,000 kwh. Average Progress Energy household uses 1,178 kwh a month. Different rates may apply for electricity use above 1,000 kwh, and for different types of customers.

Progress Energy price for residents to rise 05/30/08 [Last modified: Monday, June 2, 2008 4:26pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Pinellas construction licensing board needs to be fixed. But how?

    Local Government

    LARGO –– Everyone agrees that the Pinellas County Construction Licensing Board needs to be reformed. But no one agrees on how to do it.

    Rodney Fischer, former executive director of the Pinellas County Construction Licensing Board Rodney, at a February meeting. His management of the agency was criticized by an inspector general's report. [SCOTT KEELER   |   Times]

  2. New owners take over downtown St. Petersburg's Hofbräuhaus


    ST. PETERSBURG — The downtown German beer-hall Hofbräuhaus St. Petersburg has been bought by a partnership led by former Checkers Drive-In Restaurants president Keith Sirois.

    The Hofbrauhaus, St. Petersburg, located in the former historic Tramor Cafeteria, St. Petersburg, is under new ownership.

  3. Boho Hunter will target fashions in Hyde Park


    Boho Hunter, a boutique based in Miami's Wynwood District, will expand into Tampa with its very first franchise.

    Palma Canaria bags will be among the featured items at Boho Hunter when it opens in October. Photo courtesy of Boho Hunter.
  4. Gallery now bringing useful art to Hyde Park customers


    HYDE PARK — In 1998, Mike and Sue Shapiro opened a gallery in St. Petersburg along Central Ave., with a majority of the space dedicated to Sue's clay studio.

     As Sue Shapiro continued to work on her pottery in St. Petersburg, her retail space grew and her studio shrunk. Now Shapiro's is bringing wares like these to Hyde Park Village. Photo courtesy of Shapiro's.
  5. Appointments at Raymond James Bank and Saint Leo University highlight this week's Tampa Bay business Movers & Shakers



    Raymond James Bank has hired Grace Jackson to serve as executive vice president and chief operating officer. Jackson will oversee all of Raymond James Bank's operational business elements, risk management and strategic planning functions. Kackson joins Raymond James Bank after senior …

    Raymond James Bank has hired Grace Jackson to serve as executive vice president and chief operating officer. [Company handout]