LCEC to hold rates steady

CREATED Dec. 6, 2013

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CAPE CORAL, Fla. - LCEC announced it will keep its rates stable for 2014.  The announcement comes on the heels of a $5 rate hike granted to FPL.

LCEC says it h as not raised electric rates since 2008.  The company in a release said that although the cost of materials, labor and purchased power has risen over the past few years, a calculated business strategy has helped LCEC manage operating costs.