|
|
Article: Progress Energy Florida Reaches Agreement on Rate Case.
- Article from:
- PR Newswire
- Article date:
- August 31, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Base rates would be maintained at current levels
ST. PETERSBURG, Fla., Aug. 31 /PRNewswire-FirstCall/ -- Progress Energy Florida, the Florida Attorney General's Office, the Office of Public Counsel and other intervening parties representing the majority of customers served by the company have reached an agreement that would maintain customer base rates at their current levels (comparable to rates set in 1983) through late 2007.
The agreement is subject to approval by the Florida Public Service Commission (PSC). If approved, it will take effect Jan. 1, 2006.
"We are pleased to have reached a fair agreement that will benefit our customers by ...