FPL GROUP INC
SymbolFPL

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FPL Customers to Get Fuel Rebate in January; Lowest Bills in State to Go Lower in 2010

2009-11-03 17:39 ET - News Release

Typical Residential Customer to Receive $44 Credit on First Bill of New Year


Company Website: http://www.FPL.com
JUNO BEACH, Fla. -- (Business Wire)

Florida Power & Light Company (NYSE:FPL) customers will be getting a sizeable rebate on their first bills of 2010 with a one-time fuel charge credit approved by the Florida Public Service Commission (PSC).

FPL residential customers using 1,000 kilowatt-hours will receive a credit of $44.46 on their January electric bills. The fuel charge credit would normally have been spread out over the course of 12 months. FPL does not profit on the fuel it buys to generate electricity.

“Customers are seeing the benefit not only of lower fuel prices but also our investments in modern, more fuel-efficient power plants,” said FPL President and CEO Armando J. Olivera.

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