As the demand for energy rises, your electric utility is committed to providing electricity at the lowest possible cost. Both LCEC and FPL are among the lowest cost providers in the state of Florida.
As other popular consumer products increase in price, electricity remains a good buy. A kilowatt-hour of electricity in the LCEC service area is only about 9 cents, well below the 13 cent national average. Meanwhile, the cost of other everyday items such as a gallon of gasoline, a loaf of bread or a dozen eggs has increased steadily. For example, a gallon of gasoline that cost 16 cents in 1946 is nearly $4.00 in 2012, according to the US Bureau of Labor Statistics.
Compared to other consumer goods, the cost of electricity has increased the least amount from the 2000-2010. LCEC has not raised rates in four years and does not intend to do so anytime soon.
Overall, more electricity is being used to power more items. Home computers, digital picture frames, televisions and larger air conditioning units lead to increase use in electricity. Customers still maintain the power to reduce electric bills by conserving electricity whenever possible. LCEC offers a free online Calc-U-Saver to help customers analyze their energy usage and energy-saving tips that truly make a difference to the bottom line. Additionally, LCEC and FPL offer free energy surveys and additional online energy management tools. Visit www.lcec.net to learn more about how you can make small changes to your usage habits and see big reductions in your electric bill.