At Peoples Gas, we’re always working to serve you better. In preparation for system enhancements, it was necessary for us to reschedule the month when we credit cash deposit interest to customer statements.
Following the Florida Public Service Commission (FPSC) tariff requirements, Peoples Gas pays interest annually on any customer cash deposit. This interest has historically been credited each year on August bills when it was applicable.
Going forward, these annual deposit interest credits will be applied on December bills, rather than August. As such, customers with a cash deposit on record for more than six months (per FPSC guidelines) received a deposit interest credit on their August 2016 bill. They will also receive a credit on their December 2016 bill for interest accrued between the period of September and December of this year.
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