PSC wraps up Progress Energy’s nuke hearings

in Uncategorized by

The state Public Service Commission finished hearing arguments Wednesday about Progress Energy Florida’s request to pass along about $140 million in costs to customers next year for nuclear projects, reports the News Service of Florida. The commission is expected to decide Oct. 24 whether to grant Progress’ request, along with a $196 million nuclear-cost request by Florida Power & Light. The Progress hearing started Tuesday and focused on the utility’s plan to build two nuclear reactors in Levy County. If approved, the Progress proposal would cost $4.65 a month for residential customers who use 1,000 kilowatt hours of electricity. About $135 million of the request would help pay for early stages of the Levy County project, while the rest would be used for an already-existing nuclear plant at Crystal River. FPL’s request focuses on upgrading already-existing plants in Miami-Dade and St. Lucie counties. The commission held a hearing last week on that proposal, which would cost $2.09 a month for residential customers who use 1,000 kilowatt hours of electricity.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.