Ratepayers to Save Big Bucks As PSC Gives FPL Approval to Buy and Close Indiantown Plant

Florida Power & Light (FPL) received approval (Docket No. 150154-EI/Order No. PS-16-0419-CFO-EI) from the Florida Public Service Commission (PSC) on October 3 – after the members had deliberated for less than 30 minutes – to buy a second coal-fired power plant that it eventually intends to close, according to a report in the Miami Herald.

FPL to Buy and Phase Out Coal-Powered Plant, Saving Customers $129M

Florida Power & Light Company (FPL) filed a petition (Docket No. 160154-EI) on June 20 with the Florida Public Service Commission (PSC) to request approval to purchase a coal-fired power plant with operations in Indiantown, Florida, with which FPL has an existing long-term contract. If approved, the proposal is projected to save FPL’s 4.8 million customers in the Sunshine State an estimated $129 million.

Florida PSC Upholds Fuel Price Hedging for Another Year

Despite over $6 billion in losses since 2002, Florida’s Public Service Commission (PSC) approved the continuation of existing fuel price hedging programs (Docket No. 50001-EI – Fuel) on December 3 for Florida’s five investor-owned electric utilities(IOUs): Duke Energy Florida (DEF), Florida Power & Light Company … Read more…

Walmart, Others Seek to Back Out of Florida Energy-Efficiency Program

Walmart, Others Seek to Back Out of Florida Energy-Efficiency Program

Walmart and the Florida Industrial Power Users Group, which represents large electricity users, have submitted a proposal to the Florida Public Service Commission (PSC) that would allow them to opt out of the state’s 35-year-old conservation program, South Florida’s NMC-2.com reports. The proposal would separate … Read more…

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