WUFT News

Progress Energy wants rate increase for proposed nuclear power plants

on May 1st, 2012 | Last updated: September 27, 2012 at 2:48 pm

By Chip Skambis – WUFT-FM

Progress Energy Florida may receive approval to increase rates for next year’s billing cycle. The increases will be a part of the utility’s “cost-recovery” measures, which is a fee placed on top of customer’s bills to pre-emptively fund their proposed nuclear power plants in Levy county. Florida’s 89.1, WUFT-FM’s Chip Skambis reports on why Progress Energy wants to increase this charge, and how this action is drawing some fire.

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