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. Tampa is 15th-most popular city to move to with U-Haul


    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  2. Florida's economy growing faster than other big states and far better than U.S. overall


    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  3. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]
  4. Posh Guy Harvey RV park to open in Tampa Bay with $250,000 cottages


    HOLIDAY — Love those Guy Harvey T-shirts with the soaring marlins? In the not too distant future, you might be able to kick back in your own Guy Harvey cottage in the first-ever Guy Harvey RV park.

    Renderings of the clubhouse and an RV cottage site of the planned Guy Harvey Outpost Club & Resort Tarpon Springs.
[Guy Harvey Outpost Collection]
  5. Port Tampa Bay secures $9 million grant to deepen Big Bend Channel


    Port Tampa Bay has secured a $9 million grant from the U.S. Army Corps of Engineers for the widening and deepening of the Big Bend Channel in southern Hillsborough County.