FPL has requested a $9 billion increase in customer rates over the next four years from the Florida Public Service Commission. The request has raised alarms among affordability advocates, who warn that it could become one of the largest rate hikes in U.S. history.
A seemingly insignificant decision in an arcane corner of Wall Street rippled out to the real world. A new label for a set of utility bonds spurred a fight with state utility regulators and crept into home electricity bills.
Bonds Got Relabeled. Now Millions Of Americans Get Higher Electric Bills. 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 »
The state’s biggest utility is building a 176-mile line that may be unsuitable or even unneeded. Its design minimized scrutiny. Critics see a pattern. CLICK ON THE HEADLINE FOR MORE
How A Florida Power Project Flew Under The Regulatory Radar Read More »
Customers could be paying about 15% more for their electricity by 2025. The company says the rate increases will be necessary to help pay for more than $29 billion FPL is investing during the four-year period from 2019 through 2022. CLICK ON THE HEADLINE FOR MORE
FPL Wants To Raise Your Rates To Generate $2 Billion In New Revenue Read More »
Two votes by the Florida Public Service Commission could have a significant impact on customer electricity bills: one to set rules for charging customers billions to bury power lines and another to wipe out energy conservation incentives that utilities say are unneeded. CLICK ON THE HEADLINE FOR MORE
Florida Utility Regulators Prepare To Raise Energy Bills, Reduce Conservation Measures Read More »
The 4-1 decision by the Florida PSC came after months of hearings in which FPL urged regulators to let them charge customers for costs of the postponed project to build two new nuclear reactors at their Turkey Point facility in south Miami-Dade County. CLICK ON THE HEADLINE FOR MORE
State Rejects FPL Bid To Charge Users $49 Million For Nuke Plant It May Never Build Read More »
After analyzing dozens of decisions made by the Florida Public Service Commission, an independent research organization concluded that the watchdog has been captured by the utility industry and it\’s costing consumers. CLICK ON THE HEADLINE FOR MORE
Report: Review Shows Florida\’s Utility Watchdog Has Become A Lapdog Read More »
A Federal Energy Regulatory Commission compliance order could result in higher electricity rates for utility customers to pay for transmission line projects outside the state that won\’t benefit Florida. CLICK ON THE HEADLINE FOR MORE.
The Port Everglades Power Plant will be demolished on July 16, 2013, to make way for a new, high-efficiency, clean power plant that will offer significant benefits including fuel savings, reliability, reduced emissions, job creation and increased tax revenue. CLICK ON THE HEADLINE FOR MORE.
Countdown To Energy Independence: FPL Announces Port Everglades Power Plant Demolition Read More »