One month ago, BEL asked the PUC to reduce the average electricity rate by about one cent per kilowatt-hour. Well, the PUC has considered that application, and proposed a reduction of even less than that, about one quarter of one cent(!) per kilowatt hour.
It's miniscule, but it can translate into savings for those getting the social rate. Government stripped away part of their subsidy in January. So, the PUC proposes to reduce the Minimum Charge for that group from $5.00 to $4.00 per month and cut their rate from $0.29 cents per kilowatt-hour to $0.26 cents per kilowatt-hour.
This is only the initial decision, and comments form the public are accepted until May 13th, 2013.
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