New Florida Bill Would Change PSC Membership, Rate-Making Process

With a key legislator behind it, a proposal (PCB EUS 17-01 ) that would revamp regulation of Florida’s electric utilities – with respect to both the composition of the Public Service Commission and the process for rate-making – passed by a vote of 11-2 on March 8 in the State House of Representatives, according to a report by the Sarasota Herald-Tribune.

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…

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