Nancy Argenziano comes to Tiger Bay
Not so long ago stock analysts praised the “reliable” regulatory climate for Florida’s big power companies – that is to say consistently pro-industry. There is a new sheriff in town, though. Chairman Nancy Argenziano took charge at the start of 2010 along with several like-minded commissioners appointed by Governor Charlie Crist. They just said no this January to the customary generous rate increase requests from Progress Energy and Florida Power and Light. The howls of protest from executives of the…