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Progress Energy

PSC approves FPL’s request to charge customers $34 million in nuclear costs next year

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The Florida Public Service Commission on Monday granted Florida Power & Light Co.’s request to charge its customer base $34.2 million in nuclear power plant projects for 2016. Public utilities can charge their customers in advance of building nuclear power plants thanks to a state law passed in 1996 — but nuclear cost recovery remains extremely controversial in Florida. “Despite overwhelming arguments to the contrary, the Commission again gave FPL what they want at the expense of Florida’s businesses and families for increasingly speculative nuclear reactors…

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Nancy Argenziano comes to Tiger Bay

in Statewide/The Bay and the 'Burg by

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…

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Charlie Crist appointee to PSC promotes drug use, sexism and simulated sex acts at club

in Statewide by

Gov. Charlie Crist called the Herald/Times today to underscore his interest in having the Public Service Commission postpone its ruling on the rate case and to comment on the uproar over his nominee, Steve Stevens, who owns a bar and lounge. Crist critics are circulating ads from Rick’s Cabana Lounge advertising “Lingerie Fantasy Fests,” “Wet Dream Shots,” and a “Get ‘Layed’ Sunday Night Luau.’ “It’s really despicable,” Crist said. “They’re doing it because they’re frustrated, because they can’t raise rates…That…

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Jeff Lyash at Tiger Bay

in Statewide/The Bay and the 'Burg by

They say power corrupts. Yet as Florida continues to grow in the future, it will need even more….power. With Fossil fuels projected to be readily available to burn for electricity no more than 20 more years, the power industry must make long-term plans now for its future. In Florida, Jeff Lyash, President & CEO of Progress Energy, has his company betting on a new nuclear plant, as well as several smaller alternative energy projects such as a new solar energy…

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