Lakeland Electric customers can thank a warm winter and dropping natural gas prices for a slight dip in their electric bill over the next three months. The utility’s fuel charge will drop from 3.875 cents per kilowatt hour to 3.750 cents for April, May and June. That’s a $1.25 decrease for the “typical” residential customer using 1,000 kWh of power.
The charge, updated quarterly by the Lakeland City Commission, is considered a pass-through to consumers to account for rises and falls in costs for natural gas, coal, oil and other fuels. Since 2014, it has been as high as $45.85 and as low as $34.25 per 1,000 kWh.
The fuel charge is added to the base charge of $64.10 per 1,000 kWh. That rate was raised last fall from $62.60.