AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Decision expected on storm surcharge.
Byline: Kristi E. Swartz
Jul. 19--Florida Power & Light Co. has been collecting $2.09 a month from its customers since February to pay for last year's hurricane expenses.
Today, state regulators will decide whether the company can continue to do so.
FPL, owned by Juno Beach-based FPL Group Inc. (NYSE: FPL, $43.54), spent nearly $1 billion to restore power after Hurricanes Charley, Frances and Jeanne, well above the $354 million it had in storm reserves. The utility has asked the Public Service Commission to recover the remaining $533 million in expenses not covered by insurance in the form of a surcharge over three years.
FPL has been …
-
- Phone Customers Vent over Rate Increase in Palm Beach County, Calif.
-
News wire article from: The Palm Beach Post (West Palm Beach, FL)
December 18, 2003
700+ words
-
- Senate panel OKs public counsel authority, budget boost.
-
News wire article from: The Palm Beach Post (West Palm Beach, FL)
March 15, 2006
700+ words
-
- House passes insurance reform bill.
-
News wire article from: The Palm Beach Post (West Palm Beach, FL)
April 29, 2005
700+ words
-
- Florida Public Advocate Seeks Stop to Area Power Transmission Organization.
-
News wire article from: The Palm Beach Post (West Palm Beach, FL)
October 11, 2002
700+ words
-
- Firm to set up storm bond program for Florida utilities.
-
News wire article from: The Palm Beach Post (West Palm Beach, FL)
October 14, 2005
700+ words
