Article reposted with permission from The News Service of Florida. Pointing to issues such as growth and a need to continue expanding its system, Florida Power & Light on Monday said it will propose a four-year plan to raise base electric rates. FPL will seek increases of about $1.55 billion... Continue Reading
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Article reposted with permission from The News Service of Florida. After facing a barrage of hurricanes, Duke Energy Florida and Tampa Electric Co. on Friday filed proposals to collect about $1.55 billion from customers to cover costs of restoring power and replenishing storm reserves. The... Continue Reading
Article reposted with permission from The News Service of Florida. State regulators Thursday signed off on a plan that will lead to a $184.9 million increase next year in base electric rates for customers of Tampa Electric Co. The Florida Public Service Commission, with little discussion,... Continue Reading
Article reposted with permission from The News Service of Florida. In a win for Florida Power & Light, the state Supreme Court on Monday declined to take up a dispute stemming from allegations that the utility did not meet obligations to help prevent power outages during 2017’s... Continue Reading
Article reposted with permission from The News Service of Florida. State utility regulators on Tuesday approved a new three-year base rate for Tampa Electric Co. that is set to increase residential customer bills starting in January. Changes to the base rate initially sought by the company... Continue Reading
Article reposted with permission from The News Service of Florida. Customers of Florida’s largest power company will see a bump of about $12 in monthly bills next year to cover restoration costs from the 2024 hurricane season. The state Public Service Commission on Tuesday unanimously... Continue Reading
Article reposted with permission from The News Service of Florida. Florida Power & Light should be able to recover about $1.2 billion from customers to cover costs of restoring power after hurricanes Debby, Helene and Milton and to replenish a storm reserve fund, state Public Service... Continue Reading
Article reposted with permission from The News Service of Florida. The Florida Supreme Court on Thursday rejected a challenge to state regulators’ approval of long-term utility plans aimed at bolstering the electric system to better withstand hurricanes. Justices unanimously upheld decisions... Continue Reading
Article reposted with permission from The News Service of Florida. Duke Energy Florida’s costs of restoring power after three hurricanes this year could total about $1.1 billion to $1.3 billion, with the utility planning to seek state approval to recoup money from customers. The... Continue Reading
Article reposted with permission from The News Service of Florida. Florida Power & Light customers likely will face increased monthly bills in 2025 after the utility Tuesday requested approval to collect nearly $1.2 billion to cover costs of restoring power after hurricanes Debby, Helene and... Continue Reading
Article reposted with permission from The News Service of Florida. Florida Power & Light expects to seek approval to collect about $1.2 billion from customers in 2025 to cover costs of restoring power after hurricanes Debby, Helene and Milton and to replenish a storm reserve fund. FPL will... Continue Reading
Article reposted with permission from The News Service of Florida. Investors have appealed a federal judge’s dismissal of a securities-fraud lawsuit alleging Florida Power & Light and its parent company made misleading statements about involvement in funding "ghost" candidates to... Continue Reading