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The Key West Citizen
Key West, Monroe County, Florida
What is this article about?
Florida's Railroad and Public Utilities Commission schedules April 4 hearing in Miami on Southern Bell Telephone Co.'s request for permanent rate hikes yielding $4.8M more annually. Temporary $1.6M increase granted; $1M bond posted.
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TALLAHASSEE, Fla., March 23 (AP)—The Railroad and Public Utilities Commission has scheduled public hearing in Miami on April 4 on the Southern Bell Telephone Company's request to raise its rates to Florida subscribers.
The telephone company requested another hearing to present new evidence why it should be allowed to increase rates permanently to bring in approximately $4,800,000 more revenue a year.
The utilities board granted Southern Bell temporary rate increases which will net it $1,600,000 more from subscribers this year. It was about 60 per cent of what the company requested at that time.
Meantime, Southern Bell has posted a $1,000,000 bond for repayment to subscribers if the commission decides against the rate increase.
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Where did it happen?
Domestic News Details
Primary Location
Miami, Fla.
Event Date
April 4
Outcome
temporary rate increases granted netting $1,600,000 more this year; $1,000,000 bond posted for possible repayment.
Event Details
The Railroad and Public Utilities Commission has scheduled a public hearing in Miami on April 4 on the Southern Bell Telephone Company's request to raise its rates to Florida subscribers for approximately $4,800,000 more revenue a year. The company requested another hearing to present new evidence for permanent increase.