Florida Public Service Commission

Regulators Back Tampa Electric Rate Deal

Nov 7, 2017

For the second time in less than two weeks, state regulators Monday approved a settlement agreement that will limit base electric rates for customers of a major utility.

State regulators are rejecting Duke Energy’s request for a mid-year rate hike to cover an unexpected rise in the cost of fuel.

Florida power companies may soon be able to charge customers to fund out-of-state fracking projects under a measure that is moving ahead in the Florida Legislature.

Public Service Commissioner Lisa Edgar won’t seek a fourth term.  That may give the inside track to Governor Rick Scott’s favored insurance commissioner nominee.

Since the start of session lawmakers have been using the state’s utility regulators, the Public Service Commission as something of a whipping boy. A measure billed as a PSC crackdown has passed the House and is waiting for approval in the Senate.

FPL To Buy, Close Coal-Fired Plant

Mar 9, 2015
Wikipedia Commons

Pointing to what it says will be long-term savings for customers, Florida Power & Light said Friday it is seeking to buy a coal-fired power plant in Jacksonville --- and then shut down the plant within two to three years. 

FPL, which is asking for approval from the Florida Public Service Commission, entered into a long-term contract in 1988 to purchase power from the Cedar Bay Generating Plant. But the utility said in a news release that it can now generate electricity at a "much lower cost" than what the contract requires it to pay.