Florida Power & Light
On Thursday, Florida utility regulators made their position clear: they want all the facts before deciding whether they will approve FPL’s proposed rate hike.
A day after Tropical Storm Isaac passed through the area, the rains from feeder bands kept coming over Miami-Dade County leaving some areas under water.
The news is good, sort of, for customers of Florida Power and Light. Rates are still expected to increase in 2013, according to filings by the utility with the Public Service Commission, but according to FPL’s calculations, not by as much as first expected.
Florida Power and Light has received a slap on the wrist from the U.S. Nuclear Regulatory Commission over safety violations at its Turkey Point nuclear plant south of Miami.
Looking to the future, Florida Power & Light has asked Florida Public Service Commission for permission to build a new $1.2 billion power plant at Port Everglades to help meet electricity needs in South Florida and limit air pollution.
Florida Power & Light’s Turkey Point nuclear power plant near Homestead is in the midst of a one billion dollar upgrade. On Wednesday, Miami-Dade Mayor Carlos Gimenez stopped by the facility to take a tour and spoke about its economic importance to the county.
Florida Power & Light Co. wants to hike rates about seven dollars a month for the average residential customer beginning next year.
Plans to build four nuclear reactors in Florida, including two in Miami-Dade, received a boost Thursday when the Nuclear Regulatory Commission approved a new reactor design.
There will be a changing of the guard next summer at Florida Power & Light. On Monday FPL CEO Armando Olivera announced that he would be retiring in May. Senior vice president Eric Silagy has been tapped to take the helm of the state’s largest electric utility.
The new year brings good news to Florida Power & Light customers; a lower power bill.