Tallahassee Electric Rates Trending Downward

By: Tallahassee Reports; Eyewitness News Email
By: Tallahassee Reports; Eyewitness News Email

[UPDATE] by Lanetra Bennett April 18, 2011 -

Reese Goad with City of Tallahassee utilities, said, "On April 1st, we had a decrease in our electric and natural gas rates. In particular to our electric customers, rates decreased by three and a half percent, which represented a 22 percent reduction since March 2009."

Goad added, "We use natural gas to fuel our electric generators, kind of like gasoline in your car. The price for natural gas has been falling. In fact, we have long-term contracts. We're all proud to have savings and be able to pass those along to our customers."

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Tallahassee, Florida - April 18, 2011 -

A Tallahassee Reports comparison of electric rates over the last three years shows COT electric rates have decreased more than any other of the seven utilities included in the comparison group.

Using data from the Florida Municipal Electric Association for December, 2008, December 2009, and December 2010, Tallahassee Reports compared monthly residential rates for 1000 KWH of electric usage. The comparison includes all municipalities that generate their own electricity. It does not include cities like Bushnell or Bartow that must buy a majority of their electricity from power producers and it does not include investor owned utilities like Progress Energy or Gulf Power.

A table at TallahasseeReports shows that of the eight municipal utilities, Tallahassee and Gainesville are tied for the highest rates at approximately $127 per 1000 KWH. However, a closer look shows that the COT has made the biggest move towards lower rates since 2008 than any of the other municipal utilities.

Read more at TallahasseeReports.

WCTV will have more on the report later today.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by anon on Apr 19, 2011 at 10:59 PM
    Ok... if I am reading the article correctly, the rates have gone down but are still the highest in the state. We all agree something must be done but COT is owned by the government and we all know how that goes. They take the money and spend it on WHAT??? Tallahassee residents are getting a lesson in economics of the government. I feel very sorry for ederly adults who are faced with these high electic bills year after year.
  • by PrezNixon on Apr 18, 2011 at 01:24 PM
    and that is just the electric rates...we also got water, sewer, fire, fees on the money, tax on the money, and fuel adjustments. And the fire fee is after they charged us for fire on our home taxes....what a great scam....maybe the commish should give themselves another raise and make a new retirement package for theselves....and get payed from some other business to pass contracts to them...they make the mafia look infants
  • by PrezNixon on Apr 18, 2011 at 12:48 PM
    Please remember at election time
  • by Bon Location: Tallahassee on Apr 18, 2011 at 12:17 PM
    So our rates have dropped the most, but are still the highest... All that means is that COT rates are currently overpriced, but where even more overpriced a few years ago!
  • by Anonymous on Apr 18, 2011 at 12:10 PM
    Wow, still tied for the highest in the state even after lowering the cost. Makes you wonder how much higher than everyone else they really were. They are still the highest when you add all the other fees and taxes on that the city and county approve.
  • by Genius on Apr 18, 2011 at 11:02 AM
    What a great article to post when it's nearing our summer weather. COT is going to get rich off this.
  • by Buddy Garity Location: tallahassee on Apr 18, 2011 at 10:59 AM
    Laura, you have my vote for county commissioner. How much dies the city give talquun to re-sell their power?
  • by Laura Location: Tallahassee on Apr 18, 2011 at 10:24 AM
    And for those of us who live just outside the city limits in Bradfordville, on top of the high electric rates imposed by city officials we can't even vote for, we are surcharged 15 - 20% for city electric. Taxation without representation is unconstitutional.
  • by bb213 Location: tally on Apr 18, 2011 at 10:18 AM
    What! COT is a joke, their rates are high and continue to rise, give back the reserves you're holding on to. We deserve a break too!
  • by PrezNixon Location: tally on Apr 18, 2011 at 09:54 AM
    And still people vote for the same clowns over and over and.......maybe a corrolation why this county is so different from the rest of the state at election time and the way we have the highest taxes and most expensive utilities....think blue as in domocrats and socialist.
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