- Preliminary estimates for 2009 customer bills will require an increase in January of about 7 percent over the December 2008 bill.
- The primary components of the adjustment include pass-through fuel costs, previously announced investments in nuclear power generation, and energy conservation costs
- For a typical 1,000 KW customer bill, the January 2009 bill would be $8.29 more than the December 2008 bill.

Other headlines for [FPL]

• FPL 11/10/2008 10:21am
  FPL Group Inc Reaffirms FY08 $3.83-3.93 v $3.84e, FY09 $4.05-4.25 v $4.11e - filing- Note FPL has reaffirmed such forecast from 7/31 and 9/3 respectively
  
• D 10/30/2008 07:30am
  Dominion Resources Inc Reports Q3 $0.94 v $0.90e, R $4.23B v $3.55Be- Guides Q4 EPS $0.67-0.72 v $0.61e - Reaffirms FY08 EPS guidance $3.10-3.15 v $3.11e as given 07/31/08 last - Reaffirms FY09 EPS $3.30-3.45 v $3.33e more...
  
• FPL 10/29/2008 09:24am
  FPL Group Inc Shares raised to buy from neutral at a boutique firm
  
• FPL 10/28/2008 06:45am
  FPL Group Inc Price Target lowered to $44 from $48 at Merrill, maintains neutral rating
  
• FPL 10/27/2008 07:30am
  FPL Group Inc Reports Q3 $1.25 v $1.38e (ex items), R $5.39B v $4.66Be, reaffirms guidance- Reaffirms FY08 EPS guidance at "lower end" of $3.83-3.93 v $3.87e (from back on 7/31). - Reaffirms FY09 EPS guidance of more...
  

Utilities sector headlines

• NG.UK Today 02:52am
  National Grid PLC CEO Holiday: Debt may rise by £1B by end of March -conf call- UK national gas storage currently 'full to the brim' - Firm has been able to access credit markets - Interest payments are +10-15 bps more...
  
• NG.UK Today 02:02am
  National Grid PLC Reports H1 Pretax £558M v £659Me, Rev £6.07B v £5.58Be; guides FY08/09 in line with prior expectations- Net financing costs at £524M (+86% y/y) - Interim div increased to 12.64P v 11.70P previous more...
  
• SPN.AU Yesterday 04:32pm
  SP Ausnet Reports H1 EPS A$0.79 v A$2.91 y/y, Sales A$635.5M
  
• CV Yesterday 04:04pm
  Central Vermont Public Service Corp Prices 1.19M secondary shares at $19.00 (in line with the rumored price)- Note: This is 11.5% of co.'s shares outstanding
  
• UNF.SP Yesterday 08:10am
  Union Fenosa Targets 10% of Portugal liberalized power market