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This is the official blog of the City of Lakeland, Florida. Check back frequently to stay up to date with all that going on in our beautiful city!


LAKELAND ELECTRIC RATINGS AFFIRMED

 

Lakeland, Florida, January 15, 2016 — Fitch Ratings, Moody’s, and Standard & Poor's Ratings Services have assigned long-term ratings of AA-, Aa3, and AA, respectively, to Lakeland Electric’s 2016 energy system bonds. At the same time, all three rating services also affirmed the same ratings on the utility's existing debt. The outlook for Lakeland Electric is stable.

Lakeland Electric fared well due to many factors, including its competitive rates - which are among the lowest in Florida - and a dependable low-cost power supply provided by the utility’s own gas- and coal-fired power plants.

“We consistently have some of the most competitive electric rates in the state,” said    Joel Ivy, General Manager of Lakeland Electric. “Thanks to our strong energy production fleet, like McIntosh 5 and 3, and our ability to diversify how we produce or procure power, we are positioned well for the future and for our customers.”

For more information on the individual rating services reports, please click here or visit our website at www.LakelandElectric.com and click on the Ratings Banner at the top of the home page.

 

For more information:

Cindy Clemmons

Lakeland Electric

863-834-6595

cindy.clemmons@lakelandelectric.com

 

 


LAKELAND ELECTRIC FUEL CHARGE DECREASE EFFECTIVE JANUARY 2016

LAKELAND, FL (December 7, 2015) - The Lakeland City Commission voted to decrease the fuel charge for Lakeland Electric customers $3.50 per 1,000 kWh effective for meters read on or after January 4, 2016.  The new fuel charge will be $40.35 per 1,000 kWh. After listening to a presentation at the Monday, December 7th Utility Committee meeting, staff recommended a decrease to the current fuel charge based on fuel forecasts in both the natural gas and coal markets.

RESIDENTIAL RATES BASED ON 1,000 kWh

Current                                              New Rates – Effective January  1, 2016

Base Charge    $  58.85                      $  58.85 (includes environmental charges)

Fuel Charge     $  43.85                      $  40.35 (includes fuel decrease)

TOTAL:              $102.70                      $ 99.20

The base rate includes environmental compliance charges that are directly related to federal and state initiatives regarding clean air and water mandates. Most of the expenses are related to energy production and include air emission controls, water quality monitoring and capital spending for equipment necessary to comply with the Environmental Protection Agency’s Clean Air Act. 

Lakeland Electric bills are broken out for customer convenience in detail to show the base charge, fuel charge and appropriate taxes and service charges.  The fuel charge on a utility bill is exactly that, the actual costs for fuel used to generate the amount of electricity used within your residence.  Most utilities subscribe to the same billing practice and break out the base rate and the fuel charge for their customers. There is no mark-up in fuel.  In fact, fuel is a straight pass-through charge to customers. 

Based on Florida Municipal Electric Association data, Lakeland Electric’s residential rates after the January 1, 2016 fuel charge decrease will be the continue to be one of the lowest in the state. Visit www.lakelandelectric.com for more information on Lakeland Electric services and visit www.publicpower.com to see residential rate comparisons.


LAKELAND ELECTRIC FUEL CHARGE DECREASE EFFECTIVE OCTOBER 2015

LAKELAND, FL (September  8, 2015) - The Lakeland City Commission voted to decrease the fuel charge for Lakeland Electric customers $1.00 per 1,000 kWh effective for meters read on or after October 1, 2015.  The new fuel charge will be $43.85 per 1,000 kWh. The environmental charge was also decreased by 79 cents per 1,000 kWh effective October 1, 2015. After listening to a presentation at the Tuesday, September 8th Utility Committee meeting, staff recommended a decrease to the current fuel charge based on fuel forecasts and staff recommended a decrease to the environmental charge based on compliance.  

RESIDENTIAL RATES BASED ON 1,000 kWh

Current                        New Rates – Effective October 1, 2015

Base Charge    $  59.64                       $  58.85 (includes environmental charges)

Fuel Charge     $  44.85                       $  43.85 (includes fuel decrease)

TOTAL:             $104.49                       $102.70

The base rate includes environmental compliance charges that are directly related to federal and state initiatives regarding clean air and water mandates. Most of the expenses are related to energy production and include air emission controls, water quality monitoring and capital spending for equipment necessary to comply with the Environmental Protection Agency’s Clean Air Act. 

Lakeland Electric bills are broken out for customer convenience in detail to show the base charge, fuel charge and appropriate taxes and service charges.  The fuel charge on a utility bill is exactly that, the actual costs for fuel used to generate the amount of electricity used within your residence.  Most utilities subscribe to the same billing practice and break out the base rate and the fuel charge for their customers. There is no mark-up in fuel.  In fact, fuel is a straight pass-through charge to customers. 

Based on Florida Municipal Electric Association data, Lakeland Electric’s residential rates after the October 1, 2015 fuel charge decrease will be the continue to be one of the lowest in the state. Visit www.lakelandelectric.com for more information on Lakeland Electric services and visit www.publicpower.com to see residential rate comparisons.


CITY OF LAKELAND/LAKELAND ELECTRIC PREPS FOR TROPICAL STORM ERIKA

LAKELAND, FL (August 28, 2015) - Tropical Storm Erika’s projected path continues to bring the storm closer to Florida. Governor Rick Scott issued Executive Order 15-173 declaring a state of emergency in every county within the state of Florida in preparation for Tropical Storm Erika.
 
As of the 2 p.m. update on Friday, the National Hurricane Center says Erika was located near latitude 17.7 North, longitude 70.2 West. Erika has been moving westward near 18 mph for the past several hours. A motion toward the west-northwest is expected to begin later Friday afternoon or Friday night and continue through Sunday.
 
Maximum sustained winds are near 50 mph with higher gusts. Some weakening is forecast this afternoon and tonight as Erika moves over land, followed by little change in strength through Saturday night. Tropical storm force winds extend outward up to 150 miles to the east of the center.
 
There is still a lot of uncertainty in the long range forecast. For now, the intensity will be kept as a tropical storm and not a hurricane. Polk County is still in the cone of concern. Keep in mind that the models could shift again west on east.
 
For now, the big impact days for the area could be Monday and Tuesday depending on the track. A track going into the Gulf keeps inland areas in tropical storm conditions.
 
In preparation for a storm, Lakeland Electric would like customers to know that when an outage occurs, thanks to Smart Meter technology, Lakeland Electric is notified within seconds of approximately 90% of all outages with the help of this technology and action to resolve the outage begins immediately. However, Lakeland Electric customers are still encouraged to call (863-834-4248) if they lose power.
 
Customers can sign up for Outage Notifications online.  With these notifications, customers can receive texts or emails advising that their power was interrupted and a follow-up text or email notification that power has been restored.
 
To sign up for outage notifications and to view an interactive outage map, please visit www.lakelandelectric.com/outage-info.
 
Lakeland area residents should know that due to the recent wet weather, the ground is saturated in many areas. In fact, during the month of August, Lakeland has received 11.5” of rain.  Erika is expected to deliver additional rainfall making trees are more susceptible to being uprooted. When trees fall, the potential for outages increases as trees can cause direct damage to the power system, as well as to our customer’s homes and other personal property.
 
Follow the City of Lakeland on Facebook at www.facebook.com/CityofLakeland and share your storm related photos and information to help keep the community informed. For more information please visit www.lakelandgov.net.