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Florida Power & Light Co.

Florida Power & Light’s sunny future, major solar expansion on track

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It’s a sunny future for Florida Power & Light Co., as construction is now well underway on all eight of the utility’s planned solar power plants. New 74.5-megawatt solar power plants, with 2.5 million panels offering a joint capacity of 600 MW, are on track for completion by early 2018, making it one of the largest solar expansions ever in the eastern U.S. Once completed, the plants will contribute enough low-emissions energy to the FPL grid to power nearly 120,000…

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FPL to build 8 new Florida solar energy plants, add 2.5M panels by 2018

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Florida Power & Light Co. is doubling down on solar power, announcing Monday a significant expansion of renewable energy production through next year. FPL, currently the largest generator of solar energy in Florida, will build eight new universal solar power plants by early 2018 – boosting its production with more than 2.5 million solar panels. “We have been working hard to drive down the costs of adding solar,” said FPL President/CEO Eric Silagy, “so we can deliver even more zero-emissions…

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PSC approves one-year halt to hedging of natural gas prices by utilities

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The Florida Public Service Commission signed off Wednesday on a moratorium on hedging of natural gas purchases by Florida’s major public electric utilities, pending negotiations over how the practice could stop costing ratepayers so much. The stipulated agreement calls for the commission to oversee one or more workshops beginning early next year in which the power companies, major customers, and the Office of Public Counsel will seek a more cost-effective way to insure against rising gas prices. “Hedging needs to…

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Contested FPL rate settlement would boost alternative energy sources

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There’s a hefty green energy element to Florida Power & Light Co.’s proposed $811 million electric rate increase, now before the Public Service Commission. The proposed settlement in the rate case would allow the power company to expand an experiment with battery technology, with the company absorbing $115 million in development costs. “We think it makes sense to get ahead of the curve and understand what value can accrue to the system by deploying batteries — whether it be to large…

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AARP mounts defense against $811 million rate deal for FPL customers

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The Florida Public Service Commission heard testimony Thursday on a compromise four-year, $811 million electric rate increase for Florida Power & Light co., including a denunciation of the deal by AARP. “There’s nothing in the record, in our opinion, to reflect any need for any increase by Florida Power & Light. In fact, we believe that a reduced rate is appropriate for 2017 and no increase for 2018,” said Jack McRay, a lobbyist for the group. The settlement between the…

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State Supreme Court allows oral argument for Smart Solar amendment

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The Florida Supreme Court on Monday granted requests for oral argument on a hotly contested proposed constitutional amendment on solar power. The court scheduled argument at 9 a.m. May 5 for the amendment called “Rights of Electricity Consumers Regarding Solar Energy Choice” and backed by Consumers For Smart Solar. Among other requirements, proposed amendments to the state constitution must be OK’d by the court to ensure they cover only one subject and that their ballot title and summary aren’t misleading. The proposed summary now reads: This…

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Justices hear arguments on proposed solar power amendment

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Florida Supreme Court justices on Tuesday heard both sides of a proposed constitutional amendment on solar-generated electricity. Lawyers for its proponents and opponents presented their cases to the court as part of a required legal review. Proposed amendments can deal with only one subject and the summary that voters see on the ballot can’t be misleading. The amendment is aiming to get on the 2016 ballot. Bob Nabors, lawyer for amendment sponsor Floridians for Solar Choice, told the court the question isn’t about the…

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