LCEC announces Power Cost Adjustment decrease

watch/warning is in effect

■ Fertilizer cannot be used within 15 feet of any body of water

■ Phosphorus fertilizer is prohibited any time of year unless a soil test in the past two years identifies a phosphorus deficiency

■ The percentage of slow-release nitrogen content in any fertilizer used during the remainder of the year (October-May) must be at least 50 percent

■ No grass clippings or vegetative d e b stormwater drains, conveyances, bodies of water, sidewalks, or roadways F net

A Power Cost Adjustment decrease of approximately 9 8% (average bill of 1,000 kWh) will be implemented for LCEC customers on June 1 The decrease is the result of cost recovery forecasts and budget projections related to purchased power costs passed on from the LCEC power supplier, cost to generate power rises and falls

PCA charges are determined to adjust for or anticipate costs for purchased power

Since 2014, there have been five PCA decreases There are no margins (profit) earned on the power cost portion of the customer bill, it is simply a pass-through to FPL.

Power cost adjustments are not unique to LCEC Energy suppliers have adjust- ments based on variable fuel costs related to power production

Residential Customer Bill per 1,000 kWh

Customer Charge -- $18 kWh Cost -- $81.20

Power Cost Adjustment -- $41

Total -- $140 20 (decrease of 14 50)

In order to assist customers having a hardship with their electric bills, LCEC partners with United Way to offer energy assistance through the Power to Share Program The program is funded by LCEC employees and customers to help qualified customers in need of electric bill payment assistance Those able to round up their monthly bill to the nearest dollar can contribute to the fund by visiting https://customer lcec net/LCEC public/pages/roundu p/billroundup xhtml