Wire ServicesJune 7, 2021
2min1046
The proposal calls for a $1.1B increase in base-rate revenues next year.
Tag: Florida Power & Light Co.
Wire ServicesJune 7, 2021Wire ServicesOctober 6, 2020
5min329
Utilities have moved forward with plans to turn off electricity for non-payment.
Michael MolineNovember 27, 2018
6min713
The Public Service Commission voted unanimously Tuesday to approve Florida Power & Light Co.’s purchase of the City of Vero Beach’s electric utility. The $185 million deal took roughly a decade to negotiate but promises lower rates for customers. Commissioner Julie I. Brown said the switchover was clearly in the public interest — for customers of FPL […]
Michael MolineJune 5, 2018
5min326
Florida Power & Light Co. customers will have to wait for their average $3 rebates from a hurricane response fund, but the delay will allow a group of heavy power users to express qualms about a settlement agreement involving the account. The Public Service Commission gave Jon Moyle, an attorney for the Florida Industrial Power […]
Phil AmmannJune 15, 2017
5min417
It’s a sunny future for Florida Power & Light Co., as construction is now well underway on all eight of the utility’s planned solar power plants. New 74.5-megawatt solar power plants, with 2.5 million panels offering a joint capacity of 600 MW, are on track for completion by early 2018, making it one of the […]
Staff ReportsFebruary 24, 2017
1min208
The Florida Supreme Court has declined to hear Florida Power & Light Co.’s appeal of a lower court ruling blocking the company’s plan to build two new nuclear power reactors at Turkey Point. The court issued an order declining to accept jurisdiction in the case. The move leaves intact a ruling by the 3rd District Court […]
Staff ReportsFebruary 20, 2017
4min962
Florida Power & Light Co. is doubling down on solar power, announcing Monday a significant expansion of renewable energy production through next year. FPL, currently the largest generator of solar energy in Florida, will build eight new universal solar power plants by early 2018 – boosting its production with more than 2.5 million solar panels. […]
Michael MolineNovember 29, 2016
7min197
The Public Service Commission on Tuesday approved a compromise rate increase for Florida Power & Light Co. that will cost customers $811 million over four years. The utility had sought $1.3 billion, but agreed to the compromise with large customers and the Office of Public Counsel, which represents ratepayers before Florida’s utility regulating body. The […]
Michael MolineNovember 2, 2016
4min324
The Florida Public Service Commission signed off Wednesday on a moratorium on hedging of natural gas purchases by Florida’s major public electric utilities, pending negotiations over how the practice could stop costing ratepayers so much. The stipulated agreement calls for the commission to oversee one or more workshops beginning early next year in which the […]
Michael MolineOctober 27, 20162min419
There’s a hefty green energy element to Florida Power & Light Co.’s proposed $811 million electric rate increase, now before the Public Service Commission. The proposed settlement in the rate case would allow the power company to expand an experiment with battery technology, with the company absorbing $115 million in development costs. “We think it makes […]