Press release from Gainesville Regional Utilities
GAINESVILLE, Fla. – GRU is increasing its electric fuel adjustment from 35 mills to 40 mills in January, as cold temperatures across the country have caused the price of natural gas to increase.
GRU does not profit from the fuel adjustment. The fuel adjustment is a pass-through charge that covers the amount GRU pays for the fuel it uses to produce electricity. The utility regularly evaluates this charge and increases or lowers it based on market conditions. Winter increases are common as utilities in colder climates use more heat and increase the demand for fuel…