TALLAHASSEE, Fla. (WJHG/WECP) - Gulf Power's request for an interim charge to cover costs to restore electricity after Hurricane Michael has been approved by the Florida Public Service Commission.
What does this mean for Gulf Power customers?
The Florida PSC says it will be a monthly charge to residential customers $8 per 1,000 kilowatt hours beginning in July. This will go on for about five years.
This cost will help Gulf Power recover about $342 million it spent on restoration costs associated with Hurricane Michael and to replenish its storm reserve.
“Hurricane Michael leveled a lot of Gulf’s electric system,” PSC Chairman Art Graham said. “Power restoration is the first step for communities and customers to get back to business, and Gulf incurred substantial costs to restore service for thousands of affected customers. Those costs are not covered in their regular rates.”
Gulf Power serves more than 460,000 customers in eight counties through out Northwest Florida.
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