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ORDER NO. PSC -2020 -0154 -PCO -EI DOCKET NO. 20200001 -EI PAGE 6 through December, the bill will be $97.69. The June through December portion (i.e., amount not included in the monthly credits) of the fuel mid -course correction reflects a reduction of $4.17 per 1,000 kWh. Non-residential classes, commercial, and industrial customers can expect a reduction of 14 to 20 percent, depending on usage. Tampa Electric stated that it will provide customers notice of the changes with its June bills and on its website. The Company also filed the tariff (First Revised 6.023) for after the credit concludes post -August 2020. Commission staff has requested administrative authority to approve this First Revised Tariff Sheet No. 6.023, effective September 2020 should we approve Tampa Electric's proposed modification. Further, Tampa Electric has represented that it has consulted with the Office of Public Counsel (OPC) about its primary proposal (factors shown on Attachment A) and that OPC is in support of the proposal. For the reasons stated above, we hereby grant Tampa Electric's petition to reduce its currently -approved 2020 fuel and capacity cost recovery factors for purposes of flowing back to customers a projected over -recovery of fuel and capacity charges during the period of June through December 2020, and issuing fuel -related bill credits in the months of June, July, and August 2020. Further, we approve the tariffs as shown on Attachment A effective June 1, 2020. Finally, we hereby give Commission staff administrative authority to approve the First Revised Tariff Sheet No. 6.023, effective September 2020. Florida Power & Light Company FPL participated in the Commission's most -recent fuel hearing which took place on November 5, 2019..The Fuel Order issued from the 2019 hearing set forth FPL's fuel, purchased power, and capacity -related cost recovery factors effective with the first billing cycle of January 2020.14 Mid -Course Correction FPL has proposed to address a projected 2020 fuel over -recovery of $206,083,515 by reducing its fuel factors in the month of May 2020. The projected 2020 over -recovery of fuel charges is specifically associated with a decline in projected fuel costs. FPL's fuel mid -course correction position following the calculation methodology in Rule 25-6.0424(1)(a), F.A.C., is 6.3 percent, which is under the 10 percent threshold prompting a noticing requirement pursuant to the same rule. FPL's original projection of natural gas costs for 2020 was formulated near the end of July 2019. At that time, FPL projected the average delivered cost of natural gas to be $4.06 per MMBtu. FPL now projects, based on March 2020 data, the average 2020 cost of natural gas will be $3.53 per MMBtu (reduction of 13 percent). FPL's re -projection of 2020 fuel costs returns an estimated over -recovery of $206.1 million. Typically, at this point in a fuel clause cycle a utility would incorporate any over- or under -recovery from the prior period (prior calendar year) into its mid -course correction request. However, FPL has proposed to address its final prior period true up amount, which is a net 14Order No. PSC-2019-0484-FOF-EI.