The City of Bushnell’s electric rates are at their lowest point since May 2009, having dropped 24.4%!
The cost of energy represents a substantial portion of a household's budget. Lowering rates helps everyone keep more money in their pockets in these tough times.
“We’re delighted our rates are lower,” said Vince Ruano, City Manager for the City of Bushnell. “Our locally owned electric utility is committed to providing our community efficient, safe and reliable electricity at a reasonable cost.”
In the past decade, natural gas prices were extremely high, creating a negative impact on the economy. According to Barry Moline, Executive Director of the Florida Municipal Electric Association, “The economic downturn across our country triggered a drop in electric demand, causing fuel prices to fall. In addition, we’ve secured more natural gas supply, which has increased the amount of fuel available. The resulting price drop is great news for consumers.”