Newly introduced legislation proposes tweaking the structure of Florida’s Public Service Commission. The bill would allow the PSC to operate year-over-year without seeking re-approval each fiscal year and removes a check on PSC rulemaking.
Lawmakers Could Give More Power, Less Accountability To Florida’s Utility Regulators Read More »
Florida utility customers could get some relief in 2024. The three major private electric utilities — Florida Power & Light, Duke Energy Florida and Tampa Electric Co. — plan to lower customer bills,
Florida Utilities Plan To Lower Customer Bills In 2024. Here’s How Much You Might Save Read More »
With climate change threats looming, coupled with rising operational expenses, professionals are adapting by embracing innovative sustainability strategies. By implementing innovative sustainability strategies and practices, real estate professionals can combat climate change and cut costs.
When FEMA’s new Risk Rating 2.0 pricing plan went into effect in April, the agency said it was more equitable and better reflects flood risk. The result is rate increases that will average more than 100% in coastal states like Louisiana and Florida. Some parishes in southeast Louisiana will see rates go up on average more than 500%.
States Sue FEMA Over Flood Insurance Rate Hikes Read More »
Management of building energy use has become an important CRE topic. Reducing expenses in areas like energy can contribute significantly to the bottom line.
Building Energy Management Systems Market To Hit $12.3B By 2030 Read More »
As part of its ongoing effort to improve resiliency in the face of severe weather, FPL’s investments in Doral include moving more power lines underground, strengthening overhead lines and installing more intelligent devices along the energy grid to help detect potential problems and restore power faster when outages do occur. CLICK ON THE HEADLINE FOR MORE
The Florida Supreme Court recently heard arguments in two challenges to the Florida Public Service Commission’s approval in late 2021 of the four-year settlement, which began increasing FPL customers’ rates last year. The Supreme Court typically takes months to issue rulings after hearing arguments.
Florida Supreme Court Questions State’s Approval Of Rate Hike For FPL Read More »
Florida lawmakers did not detail specific proposals for state oversight. However, concerns have been expressed about situations in which residents who are customers of municipal utilities but live outside of city boundaries can be forced to pay surcharges but can\’t vote for municipal officials — a situation likened to “taxation without representation”.
Florida Lawmakers Eye Oversight Of Local Utilities Read More »
Representing consumers in utility issues, the state’s Office of Public Counsel launched a challenge to the approval of costs that electric utilities would be able to recoup in 2023 from customers for storm-protection projects. The first step was taken in appealing to the Florida Supreme Court on a Dec. 12 order by the state Public Service Commission approving the costs.
Florida Utility Storm-Protection Costs Draw Challenge Read More »
It’s normally a time of cheer and family and celebration. But thanks to inflation, there’s a little less cheer depending on how much you jolt up your home for the holidays. And compared to last year, national kWh cost were up 13%, while prices in Florida were up 18%, thanks to increased power costs. CLICK ON THE HEADLINE FOR MORE
Rising Power Costs Add Jolt To Holiday Season Electric Bills Read More »