FPL files to purchase Jax power plant, could save customers $70M
Florida’s largest electric utility is asking the state for permission to buy a coal-fired power plant that it had been purchasing electricity from for 17 years. Florida Power & Light Company (FPL) petitioned the Florida Public Service Commission (PSC) today for approval to acquire the power plant that since 1988 has contracted with to purchase power. Cedar Bay Generating Plant is a 250-megawatt coal-fired facility located in Jacksonville. If approved, FPL will end the contract, reducing the plant’s operations by 90…