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PSC to hold Sarasota hearing on FPL rate request

SARASOTA — The Florida Public Service Commission will conduct a customer service hearing Thursday in Sarasota on Florida Power & Light Co.’s rate increase request.

In March, FPL filed a petition with the PSC for an increase to its base rates.

As of January, a 1,000 kwh monthly bill for residential customers is $94.62. Using FPL’s proposed increase, a 1,000 kwh monthly bill for residential customers is estimated to be $95.19 in January 2013 and $96.03 in June 2013. These charges include a base rate increase of $5.23 and $1.86 respectively. However, with an estimated reduction in fuel costs and other bill changes, the proposed net increase is 57 cents and 84 cents respectively, the PSC said.

The Thursday hearing will be held at 9:30 a.m. at the Sarasota City Hall, commission chambers, 1565 First St.

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