Does Freeport profit from the FAC?

No, the FAC reflects the actual cost of energy. These costs are passed on directly to the customer, and Freeport does not profit from them. Alternatively, when costs are very low customers will see a credit on their bills.

Show All Answers

1. What is the Fuel Adjustment?
2. How long has Freeport had the FAC on our bills?
3. How is the FAC rate calculated?
4. Does every utility calculate the FAC the same way?
5. How is the FAC applied?
6. Does Freeport profit from the FAC?
7. But I thought we get most of our power from Niagara Falls?
8. What are congestion charges?
9. What about the new power plant?
10. Freeport’s rates are higher than LIPA’s!
11. Some Key Points: