An administrative law judge Thursday recommended a key approval for a Tampa Electric Co. power-plant project that includes shifting to a greater use of natural gas to generate electricity. Judge Francine M. Ffolkes issued an 88-page recommended order that said Gov. Ron DeSantis and the Florida... Continue Reading
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The state Public Service Commission should approve a proposal that would lead to Duke Energy Florida using $223.5 million in federal tax savings to pay costs related to Hurricane Michael and to replenish a storm reserve, commission staff members recommended Thursday. The commission is... Continue Reading
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
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
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
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
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
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
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
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
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
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