KUA Board Votes to Rescind Rate

Placeholder image

KISSIMMEE, Fla., December 10, 2009 – Following a public hearing, the Kissimmee Utility Authority (KUA) board of directors on Wednesday voted to rescind a conservation rate for its small commercial customers, effective Jan. 1, 2010.

Originally designed to provide rate relief and reward energy conservation, the conservation rate was approved by the utility board on Oct. 7. The rate, which went into effect on Nov. 1, lowered by 10 percent the energy costs of small businesses which use 1,500 kilowatt-hours (kWh) or less per month and raised by 2.9 percent the rate for the remaining businesses that use more than 1,500 kWh.

Because of falling fuel costs since that time and concern that the new electric rate unfairly penalized some customers, the board at its Nov. 4 meeting authorized a rollback of the new rate. The utility notified the Florida Public Service Commission of its intent to rescind the rate and scheduled a public hearing at KUA on Dec. 9.

Customers charged the higher rate will receive a full credit in their January or February bills.

Founded in 1901, KUA (www.kua.com) is Florida’s sixth largest community-owned utility providing electric and telecommunication services to 62,000 customers in Osceola County, Fla.

# # #

Chris M. Gent
(407) 933-9836