KISSIMMEE, Fla., October 6, 2008 – Kissimmee Utility Authority has implemented a new rate structure for electric customers, effective with its October bills. The rate change is revenue neutral and does not affect the bill total.
The rate change was approved at a public hearing held in June. The rate tariff was also submitted to the Florida Public Service Commission for review and comment.
The rate restructuring:
• Incorporates more fuel into the base rate energy charge.
• Segregates governmental transfers from the base rate energy charge.
In light of the rising cost of fuel used to generate electricity, KUA has moved $0.04 per kilowatt-hour (kWh) from the fuel charge into the energy charge. This change increases the fuel portion of the energy charge from $0.05233 to $0.09233/kWh.
The segregation of governmental transfers from the energy charge was done to help better identify individual costs. The City of Kissimmee charter requires a transfer from KUA to the city’s general fund, based on a transfer rate of 6.24 mils per kWh of retail electricity sales. This transfer will now appear as a separate line item on the bill entitled “Governmental Transfers/Taxes.”
This graph shows a bill comparison between the old and new bill calculation. The example bill is based on residential consumption of 1,100 kilowatt-hours (kWh).
October Bill for KWH Usage of | 1100 | ||
Electric Portion of Bill | Old | New | |
| Customer Charge | $ 10.17 | $ 10.17 | |
| Energy Charge | $ 112.19 | $ 149.33 | |
| Fuel Charge | $ 31.88 | $ (12.12) | |
| Gross Reciepts | $ 3.96 | $ 3.96 | |
| Utility Tax | $ 6.46 | $ 6.46 | |
| Governmental Transfers | – | 6.86 | |
| Electric Subtotal | $ 164.66 | $ 164.66 | |
| Note: | COPCA rate of: | $ 31.88 | $ (12.12) |
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) 933-9836
cgent@kua.com
