Danny McAuliffeJune 11, 2019
3min279
Duke will use tax savings instead of increased monthly bills to pay for Hurricane Michael.
Tag: PSC
Danny McAuliffeJune 11, 2019
Drew WilsonMarch 18, 2019
3min239
The new filing asks for the $8-per-month surcharge to start in July.
Michael MolineDecember 6, 2018
3min364
Florida Power & Light Co. should return to ratepayers as much as $736.8 million in its savings under the Tax Cuts and Jobs Act of 2017, the federal tax reduction OK’d by the Republican Congress, according to a petition filed with the Public Service Commission. “FPL’s retail customers are entitled to refunds and to rate […]
Michael MolineNovember 27, 20186min713
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 MolineNovember 5, 2018
5min263
The Public Service Commission on Monday said OK to Florida Public Utilities’ plan to front restoration costs to the 1,100 Panhandle customers whose homes are too damaged to reconnect to the company’s grid. However, the commission took a pass on the utility’s proposal to pass along the costs to other ratepayers if customers renege on […]
Michael MolineOctober 30, 2018
3min238
Gulf Power Co. will return $9.6 million in its savings from the 2017 federal tax cuts under a deal the Public Service Commission approved Tuesday. The “flow-back,” effective Jan. 1, follows more than $103 million in tax savings the company already began returning to its ratepayers. The settlement followed negotiations between Gulf Power, the Office of […]
Michael MolineOctober 18, 2018
7min330
A citizens group challenging the takeover of Vero Beach’s electric utility by Florida Power & Light Co. questioned the accounting underlying the deal Thursday as hearings opened before the Public Service Commission. The commission has already preliminarily OK’d the transfer — that happened on July 2. Thursday’s hearing centered on the Civic Association of Indian River […]
Michael MolineAugust 29, 20187min361
The Public Service Commission agreed Wednesday to consider allowing three major electric utilities to boost the “economic development” fees they’re allowed to collect from customers by millions of dollars. The change would allow Florida Power & Light Co. to collect as much as $26.7 million annually by 2023. Tampa Electric Co. would collect $4.9 million, and […]
Drew WilsonAugust 21, 2018
2min214
The Florida Public Service Commission approved a rate cut Monday that will see Tampa Electric customers save a few bucks on their utility bills. PSC Commissioners attributed the cut, which will work out to a $6.50 savings for residential consumers who used 1000 kWh per month of electricity to TECO’s savings from the Tax Cut […]
Jim RosicaAugust 17, 2018
2min454
Incumbents Julie Brown and Gary Clark are staying on the Florida Public Service Commission. Gov. Rick Scott on Friday said he had reappointed the two to serve another four-year term each. His picks are subject to confirmation by the Florida Senate. The five-member panel regulates the state’s investor-owned utilities. Clark, 50, of Chipley, had been Deputy Secretary of land […]