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Deal wins customers a rate cut with FPL; Bills for a household that uses 1,000 kilowatt hours a month will drop $5.64, from $81.86 to $76.22.(A SECTION)

Sarasota Herald Tribune

| March 15, 2002 | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: LAUREN MAYK lauren.mayk@heraldtribune.com

Consumers will get a break on their energy bills under an agreement announced Thursday between Florida Power & Light and the state's public counsel.

The deal, negotiated by the utility, Florida Public Counsel Jack Shreve and a coalition of some of the state's largest energy users, represents a 7 percent base-rate reduction and savings of about $1 billion for FPL's 3.9 million customers during the next four years.

A fuel clause also requires FPL to return about $200 million to consumers. That money already was collected when FPL expected fuel costs would be even higher.

"This is a good …

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