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Progress Energy rates going UP 25%

 
Florida
User ID: 554739
United States
11/19/2008 03:19 PM
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Progress Energy rates going UP 25%
Re: Progress Energy rate increase

What is wrong with this picture?

So sad. Just read that the owners of 60 percent of all homes bought in Pasco County since 2003 are filing foreclosure. Businesses are closing down, people are losing their jobs, salaries are frozen, and yet Progress Energy gets a 25 percent rate increase.

How can they approve such a high rate increase at this time? Something is wrong with this picture!

Louis Hollander, New Port Richey


State action fails to protect citizens

We moved from New York three years ago. We left New York not only because of the horrible cold weather and high taxes, but also because in the Empire State large corporations and businesses are considered more important than people.

Florida has always been known to put its citizens first and has tried to keep taxes and expenses reasonable. We were totally unprepared and shocked about the issues with Progress Energy. After building a custom home in Homosassa, we received a letter from Progress Energy stating that they plan on taking our property and many others to construct huge power line towers. Then we learn that we will have the privilege of paying Progress Energy to destroy our property.

The state of Florida has decided that the citizens must give Progress Energy the money up front for a new power plant so that they can make more profit without any risk to them. If Progress Energy decides that the project is not worth it or that it will not be profitable, they don't have to build a new power plant or return the money they charged us to build it. Then to add insult to injury, Progress Energy was approved for a 25 percent increase in rates.

Those lucky enough to still have jobs or retirees will not get a 25 percent increase in their pay or pension. If the local baker wanted to expand his business and make more profit, he would be considered crazy if he asked his customers to lay out the money in advance so that he could build a larger store.

The reason our economy is in such poor shape today is because of the greed and uncontrolled profiteering of executives, investors and stockbrokers. We read every day how the working people of large corporations are losing their jobs and benefits, while the executives walk away with huge bonuses. Making the citizens pay up front so that Progress Energy can expand and make more profit is an unfair burden in times of a good economy and even more so now with a bad economy.

The newspapers have reported that population growth in Florida has slowed and even gone into the negative. Do we really need another power plant? If the executives of Progress Energy and the state of Florida feel that more power plants are necessary, let Progress Energy invest the money as any other business would, as they are going to make the profit.

If the state of Florida wants to subsidize Progress Energy in their expansion, the state should use bonds instead of taking hard-earned money from its citizens at a time like this.

Claus and Maureen Claussen, Homosassa
Anonymous Coward (OP)
User ID: 554739
United States
11/19/2008 03:22 PM
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Re: Progress Energy rates going UP 25%
Alot of people in Florida are going to lose electric, because of greed.

The main excuse for the big increase is due to high fuel costs, which is BS !
Anonymous Coward (OP)
User ID: 554739
United States
11/19/2008 03:26 PM
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Re: Progress Energy rates going UP 25%
OrlandoSentinel.com
Progress Energy can hike rates 25%
The Associated Press

November 13, 2008

TALLAHASSEE

Progress Energy, a key electricity provider in Central Florida, received approval to boost rates 25 percent, the largest in a series of approvals Wednesday.

A customer using 1,000 kilowatt-hours a month will see the bill rise by $27.28, to $137.87.

It was one of four of Florida's investor-owned power companies to win such approval. A decision was delayed on the state's fifth investor-owned utility -- and the state's largest -- Florida Power & Light Co.

The Public Service Commission ordered that the new rates -- from 5 percent to 25 percent -- go into effect in January.

Rates will go up 11 percent for Florida Public Utilities Co. customers in the Marianna area and 5 percent in Fernandina Beach; 12 percent for Tampa Electric Co.; and 9 percent for Gulf Power Co. in the Panhandle.

Copyright © 2008, Orlando Sentinel
Anonymous Coward
User ID: 552645
United States
11/19/2008 03:31 PM
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Re: Progress Energy rates going UP 25%
shit man we already pay like 400$ dollars a month for electricity... this is crazy
1-2-Follow

User ID: 341826
United States
11/19/2008 03:32 PM

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Re: Progress Energy rates going UP 25%
ouch! what happened to "energy rates will be 30% cheaper this year"...
"As of 10:18 a.m. EST, on the 23rd day of July, I officially declare this the day your DOW DOOM died. 9000 has just been breached." - the 1-2

Truth is schilling in the empire of retards.

"Yep but for now we dub you toast guy." - AC520845

*PROCLAIMED PROPHET OF THE DOW* ®
Anonymous Coward
User ID: 521575
Canada
11/19/2008 03:33 PM
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Re: Progress Energy rates going UP 25%
So much for deflation.
Anonymous Coward (OP)
User ID: 554739
United States
11/19/2008 03:33 PM
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Re: Progress Energy rates going UP 25%
shit man we already pay like 400$ dollars a month for electricity... this is crazy
 Quoting: aznwarlord

At 25% rate increase...you are looking at $500.00
Anonymous Coward
User ID: 551311
United States
11/19/2008 03:34 PM
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Re: Progress Energy rates going UP 25%
I had a bill from my electric coop.... TVA in TN.... for 220.00 this month but my GAS SURCHARGE WAS 55.00 that's right 55.00 gas surcharge.....supposidly that is for coming out to ready my meter. HAHAHAHAHAHAAH asswholios
Anonymous Coward
User ID: 551311
United States
11/19/2008 03:35 PM
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Re: Progress Energy rates going UP 25%
Oh forgot since April 12th they have rasied out kilowat rate ......32%........ How ya like them apples?
Anonymous Coward (OP)
User ID: 554739
United States
11/19/2008 03:49 PM
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Re: Progress Energy rates going UP 25%
This will effect millions. So much for Christmas shopping
Anonymous Coward
User ID: 577846
United States
12/22/2008 08:07 PM
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Re: Progress Energy rates going UP 25%
Check [link to jflenihan.com] for some other information.
TheyMustBeStopped!
User ID: 613790
United States
02/12/2009 08:44 PM
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Re: Progress Energy rates going UP 25%
Update: call the Florida Public Service Commission if you have Progress Energy and register a complaint. Details Below:

TO EVERYONE WHO HAS PROGRESS ENERGY:
PLEASE BE AWARE THAT YOU ARE NOW PAYING OVER 25% MORE FOR YOUR ELECTRICITY THAN CUSTOMERS OF FLORIDA POWER AND LIGHT CO.

WE CAN TRY TO HAVE THIS INCREASE OVERTURNED BY FILING A COMPLAINT WITH THE FLORIDA PUBLIC SERVICE COMMISSION. IT IS VERY EASY; ALL YOU HAVE TO DO IS CALL 1-800-342-3552. YOU DON'T HAVE TO GIVE THEM YOUR NAME, BUT IT MAY BE BETTER TO DO SO.

ALL YOU NEED TO DO IS PRESS 2, THEN A CUSTOMER SERVICE REP WILL ANSWER, TELL THEM YOU'D LIKE TO PROTEST PROGRESS ENERGY'S 25% INCREASE. THEY WILL ASK YOUR NAME & ZIP CODE - THAT'S IT!
THE WHOLE CALL LASTED ME 1 MIN 23 SECONDS!!!

THERE WILL BE A MEETING IN MARCH, SO THE SOONER YOU DO THIS THE BETTER. THEY HAVE HAD THOUSANDS OF CALLS ABOUT THIS INCREASE, SO EVERY CALL WILL BE COUNTED. THIS CALL WILL ONLY TAKE A COUPLE OF MINUTES OF YOUR TIME, BUT COULD SAVE YOU AN AVERAGE OF $50.00 OR MORE PER MONTH!!!!!

PLEASE, PLEASE, MAKE THE CALL AND FORWARD THIS EMAIL TO EVERYONE YOU KNOW IN THE STATE OF FLORIDA . EVEN IF YOU DO NOT HAVE PROGRESS ENERGY, FORWARDING THIS EMAIL COULD HELP SOMEONE ELSE.

PROGRESS ENGERY HAS HUNDREDS OF THOUSANDS OF CUSTOMERS IN THIS STATE AND ALL OF THEM COULD BENEFIT FROM READING THIS E-MAIL AND MAKING THE CALL. WE NEED TO LET THE COMMISSION KNOW THAT THIS INCREASE IS UNACCEPTABLE.

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