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Eric Silagy, the CEO of Florida Power & Light unexpectedly announced his retirement. The company said the move was not connected to a burgeoning political spending scandal.
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It comes after documents leaked to two newspapers accused the company of hiring a political consulting firm that ran sham candidates to siphon votes.
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One legislator compared customers paying surcharges while not being able to vote for municipal offices as “taxation without representation.”
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Under the proposals, the increases would mean around 20% higher electric bills for Duke customers and about 10% for TECO customers.
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Florida Power & Light is asking the state Public Service Commission to approve collecting more than a billion dollars from customers to recoup costs related to Hurricane Ian and Hurricane Nicole, and high natural gas costs.
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Alabama Power and Florida Power & Light hired the consulting firm Matrix to help shape their fortunes. Matrix funded six sites that covered politics, filling a void left by the decline of local news.
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The Florida Public Service Commission approved proposals by companies including Duke Energy and Tampa Electric.
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Duke customers are expected to see increased electric bills in 2023, but the proposal would ease that rise.
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Crews from 30 states have converged on Southwest Florida to restore power after Hurricane Ian devastated the area. The work is precise and dangerous.
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The Public Service Commission approved the plans but expressed concerns about how the costs could impact future utility bills.
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Ian knocked out power to 2.6 million customers across Florida. Since then, crews have been feverishly working to restore electricity infrastructure.
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There is a shortage of distribution transformers that take electricity from high-voltage lines and reduce it to levels that can be used in homes and businesses