Fla. Power Companies Get Rate Increases

TALLAHASSEE, Fla. (AP) - Four of Florida's five investor-owned power companies have received approval for monthly rate increases
of 5 to 25 percent.

The Florida Public Service Commission on Wednesday approved the increases due to rising fuel costs. They go into effect in January.

Customers of Progress Energy Florida Inc. in central and north Florida will get the biggest increase - 25 percent. Rates will go up 11 percent for Florida Public Utilities Co. customers in the Marianna area and 5 percent in Fernandina Beach.

The others are 12 percent for Tampa Electric Co., and 9 percent for Gulf Power Co., which covers the western Panhandle.

The commission delayed a decision on Florida Power & Light Co., which serves South Florida and most of the state's east coast.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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