Florida Politics - Campaigns & Elections. Lobbying & Government.

Michael MolineMarch 20, 2017

Gulf Power Co. will settle for nearly $62 million per year in increased rates for its customers in Northwest Florida, rather than the $106.8 million it had planned to seek from the Public Service Commission, the parties announced Monday. The deal would guarantee the utility a return on investment to Gulf Power’s stockholders averaging 10.25 […]

Michael MolineAugust 22, 2016

The Florida Public Service Commission opened hearings Monday on Florida Power & Light Co.’s request for nearly $1.3 billion in rate increases during the next three years, with an array of customers on hand to oppose the hikes. The increases are “unprecedented and unwarranted,” said Patricia Christensen of the Office of Public Counsel, which represents […]

Phil AmmannFebruary 9, 2016

With falling natural gas prices, Duke Energy Florida announced it will cut monthly residential electricity rates $5.83 for a typical 1,000 kilowatt-hour customer beginning with its April billing cycle. The utility submitted its plan to the Florida Public Service Commission and is expected to be approved, reports LobbyTools. Duke uses natural gas to generate a majority of […]

Tag: Electric rates

Settlement reached in Gulf Power’s bid for $106.8 million base rate increase

PSC opens hearings on FPL rate hike

Duke Energy Florida to cut electricity rates for April