LUCELEC Announces A Reduction In the Basic Tariff
LUCELEC Announces A Reduction In the Basic Tariff
Submitted by cjoseph on Fri, 2014-02-14 12:20
The basic tariff for electricity has been reduced. Starting with bills for February and continuing the remainder of the year, the basic electricity tariff will be 2.6 cents less than the tariff for 2013.
The basic tariff is what LUCELEC customers pay per unit of electricity without the fuel surcharge. It is reviewed in January of every year in accordance with the Electricity Supply Act and reflects the average price of fuel for the preceding 12 months.