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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (95839)7/25/2008 2:59:16 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
'Don't hold your breath'

Hey Jim still waiting for that deflation like I am? Did you get this memo from FPL?

'High fuel costs will mean higher bills beginning next month.
We want to explain why.

On July 1, the Florida Public Service Commission approved an adjustment in the pass-through fuel charge on customer bills. This is a result of the extraordinary increase in fuel prices that we have been experiencing.

You will see an initial portion of the fuel adjustment on your bills for meter readings beginning August through December 2008 (which means beginning with the meter reading for your July energy usage). A 1,000 kilowatt-hour monthly residential bill will go from $102.63 to $110.77, which is an increase of $8.14 - or about 8 percent. Learn more about fuel and your bills.

It is important you know that you pay only the actual fuel costs needed to produce the electricity you use. Under Florida law, FPL is not permitted to earn a profit on fuel.

WE HAVE PROGRAMS TO HELP YOU GET MORE CONTROL OVER SUMMER BILLS


FPL BUDGET BILLING® PROGRAM
This is a great program to stabilize your monthly bill so you pay about the same amount year-round. While FPL Budget Billing isn't a money-saving program, it's a great way to avoid higher-than-expected electric bills. Budget Billing evens out your annual energy costs over the year so you pay approximately the same amount each month. To learn more about this free program or to enroll online, visit www.FPL.com/resbb.

FPL ON CALL® PROGRAM
On Call is the easiest way to lower your electric bill by saving you up to $100 or more each year. As an On Call participant, you agree to allow FPL to cycle off equipment you select for brief periods of time. This occurs only when absolutely necessary to help us conserve energy during times of very heavy usage. In exchange, we will give you an automatic credit on your electric bill every month - even if we never activate the program. To learn more or enroll, visit www.FPL.com/oncall.

ONLINE HOME ENERGY SURVEY
The free Online Home Energy Survey is a great way to get a personalized analysis of your home's energy usage and recommendations to help you make your home more energy efficient. For example, did you know that turning off your fans could save you money? A fan that runs constantly can cost you up to $7 per month to run, depending on its size and age. Log on to take your Online Home Energy Survey right now.'