Industry

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

State regulators Tuesday approved a plan by Duke Energy Florida to recoup money from customers for two solar power plants in Columbia and Hamilton counties. Duke sought approval from the state Public Service Commission to collect about $29.2 million a year for the 74.9-megawatt facilities in the... Continue Reading

After hurricanes during the past three years knocked out electricity for millions of Floridians, lawmakers are moving forward with regulatory changes that could lead to more underground power lines. But it would come at a cost. A House panel approved a bill (HB 797) that would create a new process... Continue Reading

With no questions, the Senate Innovation, Industry and Technology Committee supported the confirmations of Florida Public Service Commission members Julie Brown and Gary Clark. Brown, a Tampa attorney, has served on the utility-regulatory panel since 2011 and was reappointed in August by... Continue Reading

In what the company said will be the largest system of its type in the world, Florida Power & Light announced plans to build a battery facility in Manatee County that will store solar-generated energy. The facility, which is expected to start operating in late 2021, will be charged by an... Continue Reading

Duke Energy Florida has filed a proposal with the state Public Service Commission seeking to pass along costs to customers for three solar-power projects in Gilchrist, Highlands and Volusia counties. The filing Monday is an outgrowth of a 2017 base-rate settlement that allows Duke to recover... Continue Reading

Gulf Power wants to wait a few more months before starting to collect money from customers to cover costs related to Hurricane Michael. The Pensacola-based utility last week filed a request at the Florida Public Service Commission indicating that it wants to begin recouping the money in July,... Continue Reading