KISSIMMEE, Fla., August 1, 11:00 a.m. – Kissimmee Utility Authority customers can expect lower energy costs this month, the utility announced Tuesday.
Decreases in the market price of natural gas made it possible to lower the monthly bill of a typical residential customer using 1,000 kilowatt-hours of electricity from $114.61 to $111.33, or 2.9 percent.
“We are pleased to announce a decrease in fuel costs at this time, especially after record high gas costs last winter,” said Jim Welsh, KUA’s president and general manager. “We look forward to the relief this decrease will offer our customers.”
As a member of the Florida Municipal Power Agency (FMPA), a nonprofit organization that supplies wholesale power to 15 municipal electric utilities in Florida, KUA is subject to fluctuations in the wholesale energy market. These costs are adjusted and billed on a monthly basis.
At the same time, July was one of the hottest months on record and consumption of electricity was near record levels in Kissimmee and throughout the nation. August bills will reflect July consumption.
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