High energy costs are impacting everyone, including utilities. Beaches Energy customers will see an increase in their utility bills in July because of the sustained high price of natural gas. Historically, natural gas prices have been stable and predictable. Recently however, fuel prices have more than doubled.
Because of these challenges, we will need to increase the Bulk Power Cost Adjustment (BPCA) on your utility bill. Your July utility bill will reflect an increase in the BPCA from $0.02184/kilowatt hour to $0.04125/kilowatt hour. For an average home using 1,000 kilowatt hours, this change will increase the monthly bill by about $20.
It’s important to know:
- The BPCA fuel charge does not generate additional funds to Beaches Energy. All funds are used to pay for the actual cost of the fuel utilized to produce electricity.
- This is the first time since 2008 the city has needed to increase the bulk power charge.
- Even with this current increase, Beaches Energy residential rates will remain below the state average.
Please know that we are working hard to manage our costs and strive to provide affordable, reliable and clean power. We are working with the Florida Municipal Power Agency to optimize our power plants and operations to keep costs as low as possible. This includes paying for natural gas at discounted rates (hedging) and selling excess power generation to other cities.
We also offer assistance to help customers identify ways to reduce their monthly electric usage and financial burden with:
- Free online energy audit - Click here to complete a personalized analysis of your energy and water consumption and waste, with tips on how to save.
- Energy-saving rebates – Learn how to save hundreds in rebates for residential upgrades that improve your home's energy efficiency at BeachesEnergy.com/Rebates.
- Financial assistance – For customers experiencing financial hardship and difficulty paying their utility bill, call 904-247-6241 to discuss options and available aid.
- Free home energy audits – Call 904-247-6241 to schedule an expert to visit your home to identify ways to save energy.
Electric Price for 1,000 Kilowatt-Hours
|
Rate Component |
June |
July |
|
Residential Base Charge |
$4.50 |
$4.50 |
|
KWH base charge |
$83.57 |
$83.57 |
|
Bulk Power Cost Adjustment |
$21.84 |
$41.25 |
|
Total Rate Billed per 1,000 kwh |
$109.91 |
$129.32 |