Florida Public Service Commission
Florida Power & Light will have more flexibility in negotiating electricity rates with some large commercial and industrial customers thanks to a proposal approved by state regulators on Tuesday.
Privately owned utilities would be penalized for failing to meet state water quality standards, if a panel’s recommendation is heeded by Florida’s Legislature.
After tweaking a controversial settlement agreement, state regulators Thursday approved a plan that will lead to Florida Power & Light increasing base electric rates by $350 million in January.
The state Public Service Commission is expected to decide whether to approve a controversial settlement proposal that would allow Florida Power & Light to raise base electric rates by $378 million in January.
An agreement was reached Thursday between FPL and key customer advocacy groups.
Floridians are continuing to turn off traditional home phone lines as they rely on wireless phones and voice services from Internet providers.
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.