Monday, March 1, 2010

Survey Says

JEA Survey Shows MLGW to Have 5th Lowest Electric Rates in Nation

MLGW customers pay some of the lowest residential electric rates in the nation, according to a recent quarterly survey of 55 public and private utilities completed by Jacksonville Energy Authority (JEA). MLGW’s residential electric rates are the fifth lowest among the surveyed utilities.

The JEA survey compared the cost for 1,000 kilowatts of electricity (a universal standard of measure) and not average utility bills. MLGW customers pay $81.83 per 1,000 kilowatts, or $31.94 less than JEA customers. Other cities with higher electric rates than MLGW include Atlanta, Chattanooga, Philadelphia, Miami, Raleigh, and Portland. Fairbanks, AK residents have the highest cost of cities surveyed, paying $199.73 per 1,000 kilowatts. AmerenUE customers in St. Louis have the lowest cost, at $63.09 per 1,000 kilowatts.

The quarterly survey can be found here.

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