An Early Christmas Present: Lower Electric Rates

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KISSIMMEE, Fla., Dec. 13, 2006 – Christmas has come early for the 62,000 customers of Kissimmee Utility Authority whose electric rates have been cut for the fifth consecutive month.

KUA announced Wednesday that it has lowered electric rates by 2.8 percent in December, citing a continued downward trend in the cost of fuel it uses to generate electricity.

Since July, the utility has lowered rates by 17.5 percent or $20.11 per 1,000 kilowatt-hours (kWh) of electricity.

Under the new rate, a typical homeowner’s bill will drop from $97.25 monthly to $94.50, based on residential consumption of 1,000 kWh.

The cumulative total of these rate decreases is worth more than $2.6 million in savings for utility customers.

Customers who have questions about their bill should call KUA’s customer service center at 407-933-7777.

KUA owns and operates the Roy E. Hansel Generating Station and Cane Island Power Park and has ownership interests in several jointly-owned coal and nuclear facilities in Florida, to ensure a diverse fuel supply mix.

Founded in 1901, KUA (www.kua.com) is Florida’s sixth largest community-owned utility providing electric and telecommunication services to 170,000 residents in five Central Florida counties.

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Chris M. Gent
(407) 933-7777 x 1116
cgent@kua.com