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The Florida Public Service Commission began what could be a two-week hearing as FPL seeks to increase base electric rates.
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Gov. Ron DeSantis on Wednesday appointed former state Rep. Bobby Payne and veteran regulatory official Ana Ortega to serve on the Florida Public Service Commission.
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Opponents of the proposed settlement want the Florida Public Service Commission to consider the counter proposal. Commission Chair Mike La Rosa on Sept. 12 denied the request.
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Opponents of a proposed settlement that would increase Florida Power & Light’s base electric rates want state regulators to take another look at a “counter proposal.”
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As they consider a proposed settlement that would increase Florida Power & Light's base electric rates, state regulators will not take up a "counter proposal" offered by opponents.
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Ratcheting up a battle about a proposed Florida Power & Light rate settlement, opponents have offered a "counter proposal" that would trim potential increases over the next four years.
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The state Office of Public Counsel, which is designated by law to represent consumers, opposed a newly proposed Florida Power & Light rate settlement Thursday, saying it would increase FPL's revenues by an "unconscionable" amount.
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Florida Power & Light and numerous groups and businesses have hammered out a proposed settlement that would increase base electric rates over the next four years — but not by as much as the utility originally sought.
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State regulators Monday paused a closely watched case about increasing Florida Power & Light’s base electric rates after the utility and numerous parties announced Friday they had reached a “settlement in principle.”
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Several state groups have not agreed to the potential settlement with FPL and want to move forward with a Monday hearing to discuss the Florida utility company's base rate plan.