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Clint Bullock on Orlando's Renewable Energy

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Industry

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Clint Bullock on Orlando's Renewable Energy

The latest Florida Chamber Bottom Line features Clint Bullock, Chief Executive Officer of Orlando Utilities Commission (OUC), discussing the innovations that OUC is implementing to help their communities move into the future. “It was an honor to have the mayor on-site to show him some of... Continue Reading

by Garnie Holmes
05/17/2019


FPL Backed by Tax Cuts, Irma Costs

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FPL Backed by Tax Cuts, Irma Costs

State regulators Tuesday approved a plan by Florida Power & Light to use federal tax savings to cover costs of restoring power after Hurricane Irma, despite criticism that the tax money should be used to lower customers’ base electric rates. The decision by the Florida Public Service... Continue Reading

by Garnie Holmes
05/15/2019


Money Keeps Flowing in Energy Ballot Drive

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Money Keeps Flowing in Energy Ballot Drive

With a Florida Supreme Court battle looming this summer, backers of a proposed constitutional amendment to overhaul the state’s electric industry continued spending heavily in April, a new finance report shows. The political committee Citizens for Energy Choices spent $252,000 during the... Continue Reading

by Garnie Holmes
05/14/2019


Gulf Power Gets OK to Collect Storm Costs

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Gulf Power Gets OK to Collect Storm Costs

Seven months after Hurricane Michael knocked out electricity for tens of thousands of Panhandle residents, the Florida Public Service Commission on Tuesday approved allowing Gulf Power to recoup an estimated $342 million in storm-related costs. The Pensacola-based utility will collect the money... Continue Reading

by Garnie Holmes
05/14/2019


Regulators Poised to Decide FPL Tax, Storm Case

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Regulators Poised to Decide FPL Tax, Storm Case

Florida Power & Light should be able to use federal tax savings to cover the costs of restoring power after Hurricane Irma, despite objections from attorneys for consumers and business groups, according to a recommendation by staff members of the state Public Service Commission. The Public... Continue Reading

by Garnie Holmes
05/7/2019


Gulf Power Hurricane Hike Backed

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Gulf Power Hurricane Hike Backed

Staff members of the Florida Public Service Commission are recommending approval of a plan that would lead to Gulf Power collecting extra money from customers to pay costs stemming from Hurricane Michael. The commission next week is scheduled to take up the Pensacola-based utility’s request... Continue Reading

by Garnie Holmes
05/6/2019


Lawmakers Give Final Approval to Underground Power Line Bill

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Lawmakers Give Final Approval to Underground Power Line Bill

With memories of massive outages after Hurricane Irma, Hurricane Michael and other storms, state lawmakers Thursday gave final approval to a bill that could lead to an expansion of underground power lines. The Senate voted 39-1 to pass the measure Thursday, a day after the House signed off in a... Continue Reading

by Garnie Holmes
05/3/2019


Duke Customers Could Be Shielded from Storm Hikes

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Duke Customers Could Be Shielded from Storm Hikes

Duke Energy Florida wants to use savings from a 2017 federal-tax overhaul to cover the costs of restoring power after Hurricane Michael, potentially sparing customers from higher monthly electric bills. The utility filed a proposal Tuesday at the state Public Service Commission that centers on... Continue Reading

by Garnie Holmes
05/1/2019


FPL Income Up in First Quarter of 2019

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FPL Income Up in First Quarter of 2019

Amid investments in power plants and a larger number of customers, Florida Power & Light saw its net income increase in the first three months of 2019. FPL had net income of $588 million, or $1.22 per share, during the quarter, up from $484 million, or $1.02 per share, during the same period... Continue Reading

by Garnie Holmes
04/23/2019


FPL Storm Costs, Tax Cuts Spark Debate

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FPL Storm Costs, Tax Cuts Spark Debate

After more than an hour of arguments Tuesday, state regulators next month will decide a high-stakes battle stemming from Florida Power & Light’s costs to restore power after Hurricane Irma and a federal tax overhaul that has saved the utility hundreds of millions of dollars. The state... Continue Reading

by Garnie Holmes
04/17/2019


Regulators Sign Off on Duke Solar Projects

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Regulators Sign Off on Duke Solar Projects

State regulators Tuesday approved a plan by Duke Energy Florida to recoup money from customers for two solar power plants in Columbia and Hamilton counties. Duke sought approval from the state Public Service Commission to collect about $29.2 million a year for the 74.9-megawatt facilities in the... Continue Reading

by Garnie Holmes
04/3/2019


PSC Members Breeze Though Confirmnation Hearing

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PSC Members Breeze Though Confirmnation Hearing

With no questions, the Senate Innovation, Industry and Technology Committee supported the confirmations of Florida Public Service Commission members Julie Brown and Gary Clark. Brown, a Tampa attorney, has served on the utility-regulatory panel since 2011 and was reappointed in August by... Continue Reading

by Garnie Holmes
04/2/2019