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News

ARTICLE

Date ArticleType
5/4/2026 4:00:00 AM Member News

Lakeland Electric to Decrease Fuel Charge Effective June 1, 2026

The Lakeland City Commission voted today to decrease the fuel charge for Lakeland Electric customers, effective June 1, 2026. The adjustment lowers the fuel charge by $5.00, from $62.00 to $57.00 per 1,000 kilowatt-hours (kWh), delivering on a commitment made in February to raise fuel charge during spring’s lower-usage months, with the goal of stabilizing reserves in time to reduce the fuel charge before high summer demand.  
 
The fuel charge will change to 5.7¢ kWh. For a residential customer using 1,000 kWh, the fuel cost equals $57.00 compared to $62.00 before this change. 

City Commissioners and Utility Committee members will continue to receive monthly fuel cost and reserve updates during the Utility Committee meeting to ensure active oversight, transparency and timely adjustments when necessary. 

Fuel costs are passed directly to customers with no markup. Like most electric utilities that generate their own power, Lakeland Electric adjusts its fuel charge to reflect actual market conditions and to maintain financial stability. 

Customers seeking ways to manage their bills are encouraged to explore energy efficiency programs, Pay As You Go and payment assistance options available at lakelandelectric.com. 

 

Residential Rates Based on 1,000 kWh 

Current? 

Rates – Effective June 2026 

Base Charge* (see below for a breakdown of charges) 

$72.06 

$72.06 

Fuel Charge????????????? 

$62.00 

$57.00 

TOTAL: 

$134.06 

$129.06 

 

?*Base Charge 

Current 

Rates – Effective June 2026 

 

Customer Charge??? 

$? 14.45/month 

$? 14.45/month 

 

Energy & Smart Grid Charges?? 

$55.76/1000 kWh 

$  55.76/1000 kWh 

 

Environmental Charge ???? 

$? 1.85/1000 kWh??? 

$? 1.85/1000 kWh??? 

 

 

Residential Rates Based on 1,200 kWh 

Current? 

Rates – Effective June 2026 

Base Charge* (see below for a breakdown of charges) 

$85.17 

$85.17 

Fuel Charge????????????? 

$74.40 

$68.40 

TOTAL: 

$159.57 

$153.57 

 

?*Base Charge 

Current 

Rates – Effective June 2026 

 

Customer Charge??? 

$? 14.45/month 

$? 14.45/month 

 

Energy & Smart Grid Charges?? 

$66.91/1200 kWh 

$  66.91/1200 kWh 

 

Environmental Charge ???? 

$? 2.22/1200 kWh??? 

$? 2.22/1200 kWh??? 

### 

 

Contact: Cathryn Lacy, Utilities Marketing Manager 
863-834-6589 | LEMarketing@LakelandElectric.com

Thank you to our top investors

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