Progress Energy Florida Announces They Will Be Reducing Monthly Power Bills Reports Savingtools.com

San Francisco, CA -- (SBWIRE) -- 09/10/2012 -- Like many other countries around the world, America is also taking continuous progressive steps towards improving the standards of living of their people who were deeply hurt as a result of a global recession. Akin to those efforts, the people of Florida will receive a significant relief next year in terms of their power bills.

A Few days ago, Progress Energy Florida has announced good news for the people of the city; they can expect lower bills from next year. The average citizens of Florida who consume about 1,000 kilowatt hours of power can expect $7.44 drop off in the bills. This reduction will bring the average bill of 1.6 million households and businesses from $123.19 to $115.75.

The reduction in the power bills became possible as a result of the decrease in fuel prices and due to the settlement over the nuclear plant of crystal River. With the implementation of the new rate next year, Florida’s average electricity bill will stand below the national average bill which is around $119, according to the Energy Information Administration data.

The representative of State Public Council J.R Kelly confirmed the news of decrease in the power bills starting from next year and congratulated the people of Florida. “This is good news for the citizens of Florida, especially with the lingering effects of the recession. We’re always happy when we’re going to see customer rates come down.” according to tampabay.com

The state president of Progress Energy Florida Vincent Dolan stated that the organization is focused to keep the electricity costs as low as possible and they are also working on managing and reducing the expenses to continue providing advantage to the customers.

About SavingTools.com
SavingTools.com (http://savingtools.com) provides you different tips to save money and how to use the financial tools effectively. Saving tools gives guidelines to lower your bills, reduce your debt and use your money smartly.