Press release from Gainesville Regional Utilities
GAINESVILLE, Fla. – GRU is increasing its electric fuel adjustment from 45 mills to 50 mills beginning March 1 to continue recovering millions of dollars in additional fuel expenses caused by natural gas shortages during this record-breaking winter.
GRU does not make money on the electric fuel adjustment portion of a customer’s bill, instead passing through its costs with no profit added. GRU regularly evaluates this charge and increases or lowers it based on market conditions…