Progress Energy Rates to Rise in 2012

Customers of Progress Energy can expect to see higher bills next year. However, the Public Service Commission decided to give customers a bit of a break by delaying the repayment of some nuclear costs.

The average bill is projected to rise by about $3.92 to $123.26 a month for 1,000 kilowatt hours, down from the $6.11 increase Progress had requested, according to Tampabay.com.

Read more about the rates, and the future of the Levy County nuclear plant on Tampabay.com.