Florida Public Service Commission Reduces Gulf Power Company's Customer Bills
- October 31, 2018
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As a result, Gulf's base rates will be reduced by
Because of recent changes to the federal tax law, the PSC ensures that customers will directly benefit from the savings through lower bills. What Gulf would have paid in corporate income taxes will instead be used to reduce rates.
"We want customers to benefit from the federal tax reductions, and we will continue to find ways the law can help lower electric bills," said PSC Chairman
In April, the PSC approved a negotiated plan to apply the 2017 federal tax law that was supported by the
Gulf serves nearly half a million customers in 71 towns and communities throughout
For additional information, visit www.floridapsc.com.
Follow the PSC on Twitter, @floridapsc.