FPL last-minute gotcha on $1.2 billion rate hike opponents
The Public Service Commission and opponents of Florida Power & Light Co.’s proposed $1.2 billion rate hike grilled the utility’s officials about stacking the deck at customer service hearings...
View ArticleFPL $1.2 billion rate case will wrap up today
UPDATE: Read the story from The Palm Beach Post on here Enough already. Public Service Commission Chairman Matthew Carter pronounced that Florida Power & Light Co.’s prolonged $1.2 billion rate...
View ArticleFormer utility regulator defends FPL’s $1.2 billion rate hike request
UPDATE: Read the story from The Palm Beach Post on here The last day of Florida Power & Light Co.’s proposed $1.2 billion rate hike hearing is winding down late as its final expert gets grilled...
View ArticleVote on FPL vote kicks off with new commissioner
The Public Service Commission began its 9:30 a.m. meeting on time by welcoming Commissioner David Klement, appointed by Gov. Charlie Crist and sworn in last week. Klement is a former newspaper...
View ArticleRegulators poised to put off $1.2 billion FPL rate hike vote
The Public Service Commission is poised to give in to Gov. Charlie Crist’s demand to delay votes on the state’s two largest utilities’ cumulative $1.7 billion rate hike requests. The regulators have...
View ArticleUPDATE: PSC Chairman: Enough about Wall Street
Public Service Commission Chairman Matthew Carter apparently heard enough about the financial community’s worries about regulators’ decision on FPL’s proposed $1.2 billion rate hike. Florida Power...
View ArticleVote on FPL’s proposed $1.2 billion rate hike put off until January
Gov. Charlie Crist got his way with the Public Service Commission today after the panel decided to delay a vote on FPL’s proposed $1.2 billion rate hike until next year. Regulators voted unanimously to...
View ArticleUtility regulators deal blow to FPL
The Florida Public Service Commission created what could be yet another public relations nightmare for the state’s largest utility yesterday. Utility regulators ordered Florida Power & Light Co. to...
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More studying, fewer Bladder Busts for Crist PSC appointee?
Could Gov. Charlie Crist’s Public Service Commission appointee be trying to distance himself from the perception he’s actively involved in managing a bar where they offer “Free Beer Til Someone Pees”...
View ArticleFormer PSC lawyer goes back to the legislature
The Public Service Commission’s former general counsel Booter Imhof, who resigned after less than a year on the job during the fray over a proposed $1.2 billion Florida Power & Light Co. rate hike,...
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Argenziano new head of utility reg panel
Public Service Commissioner Nancy ArgenzianoThe Florida Public Service Commission unanimously elected Nancy Argenziano as chairwoman today for a two-year term beginning Jan. 2, 2010. Argenziano will be...
View ArticleRevamped utility reg panel back at work today
A consumer-friendly former legislator with a reputation for bucking the system takes over as head of the panel that sets billions of dollars in utility rates, including a pending $1.2 billion Florida...
View ArticleNew utility reg chairwoman says big changes not likely
Public Service Commission Chairwoman Nancy Argenziano began her first day as head of the utility regulatory panel by suggesting that her colleagues conduct themselves like judges. Argenziano, a former...
View ArticleFPL rate hike case kicks off
The Florida Public Service Commission will spend the day deciding on how much – if any – Florida Power & Light Co. deserves of the $1.2 billion rate hike it seeks. Today’s proceeding, expected to...
View ArticleUtility regulators start turning down FPL
Utility regulators began today’s proceedings on Florida Power & Light’s proposed $1.2 billion rate hike by saying “no” to two important items included in the 100-plus decisions related to the...
View ArticleUtility regulator blasts FPL $1.2 billion rate hike request
Public Service Commissioner Nathan Skop took a swipe at Florida Power & Light for requesting a $1.2 billion-a-year rate hike before the utility regulators broke for lunch. “This rate case seems to...
View ArticleAnother $150 million lopped off FPL’s $1.2 billion rate hike request
Utility regulators just chopped off another $150 million from Florida Power & Light’s $1.2 billion rate hike request. So far, they’ve cut the staff’s recommendation on the utility’s rate request –...
View ArticleUtility regulators reject FPL profit-making request
The Public Service Commission dealt another blow to Florida Power & Light, this time unanimously rejecting a 12.5 percent return on equity sought in its $1.2 billion-a-year rate hike request. The...
View ArticleFPL prez: ‘Politics trumped economics’
Florida Power & Light Co. President Armando Olivera accused utility reagulators risking customers’ electrical service by slashing Florida Power & Light’s requested $1.2 billion rate increase by...
View ArticleFPL gets just $75 million rate hike out of $1 billion request
The Public Service Commission granted Florida Power & Light a $75,470,948 annual rate hike – just a fraction of the $1 billion rate hike it sought for this year. Based on a typical customer’s bill...
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