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 Florida utilities

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updated Wed. February 21, 2018

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gulf, Duke, Tampa Electric and a smaller utility, Florida public utilities Co., entered into rate settlements last year at the Public Service Commission that included provisions about passing through tax savings to customers. But those agreements were negotiated before Congress and President Donald Trump ...
Just five months ago, he adds, Wall Street was preoccupied with rising tensions in North Korea, diminishing chances Congress could pull off tax reform, and a string of hurricanes that battered Texas, Louisiana, Florida and Puerto Rico. That uncertainty helped utilities post monthly gains in October and ...

Florida Gov. Rick Scott, in conversations with major Republican donors over the past week, has signaled that he is moving closer to challenging Sen. Bill Nelson ... NextEra Energy is one of several groups interested in buying Santee Cooper after the state-owned utility and South Carolina Electric & Gas Co.
COLUMBIA -- Two utilities, Florida's NextEra Energy and Greenville's Pacolet Milliken, are willing to offer roughly $10 billion each to buy state-run Santee Cooper's electric business, a source with knowledge of the negotiations told The Post and Courier Thursday. A third utility that the source declined to ...
Media outlets reported that NextEra Energy is one of several groups interested in buying Santee Cooper after the state-owned utility and South Carolina Electric & Gas Co. abandoned construction of two nuclear reactors last summer. The two South Carolina utilities spent more than $9 billion, blaming the ...
The Midwestern utility giant Xcel Energy recently sought proposals to build huge power plants in Colorado using wind turbines and solar panels. ... Florida regulates its utilities and is one of the few states that prevents independent power producers from competing against them. Backed by a friendly ...

The fast-changing utility market could make it possible for the city to sell JEA at a price that would make financial sense for the long-term finances of the city, according to a draft report by Public Financial Management, a firm hired by JEA to assess whether the time is ripe to put the utility up for sale in the private market.
TALLAHASSEE -- With tax savings already expected to cover nearly $2 billion in hurricane-related costs, Florida regulators Tuesday began moving forward with a process to determine how utility customers should benefit from the federal tax overhaul. Electric, gas and private water and wastewater utilities ...
Andrew Fay, a chief deputy to Attorney General Pam Bondi, was named Friday by Gov. Rick Scott to the state's utility regulatory board. Scott chose Fay from among four finalists for a seat on the Florida Public Service Commission. Former state lawmaker Ritch Workman had been appointed to start serving in ...
As gulf Power officials consider how to address the corporate tax savings, the state Office of Public Counsel -- created by the Legislature in 1974 to represent the public in utility-related matters -- has filed a petition with the PSC asking that all investor-owned utilities in Florida be required to adjust rates ...
The announcement comes eight days after Florida Power & Light Co., the state's largest utility with 54,000 customers in Central Florida, dropped plans to seek $1.3 billion in storm recovery costs through a $4 monthly surcharge to customers. But if Irma never happened, customers with four Florida utilities ...
"Today, Floridians are paying utility rates that were intended to give utility companies a specified rate of return on their equity after having paid a higher corporate tax rate," Smith said. "But under the new tax law, Florida utilities companies could realize significant savings. Now it's important that the Florida ...
Gainesville officials previously said the change would have serious ramifications for local government, since the city-owned utility helps fund general government. Mayor Lauren Poe on Monday called the move to deregulate Florida utilities "disruptive" and "chaotic." In November, he said if a utility lost a ...
The utility industry will pay an estimated $4.4 billion in taxes in 2018, more than $1 billion less than it would have paid without the tax changes, according to ... The rate settlements of other Florida utilities, including TECO, Duke Energy Florida, gulf Power, and Florida public utilities Co. have provisions that ...
There are signs that the way Florida's utilities are viewing alternative investments is changing. In October, JEA, the municipal utility that serves Jacksonville, introduced a rebate program that will offset 30% of the cost of behind-the-meter battery systems up to a cap of $2,000 per system. The rebate is part of ...
Utility companies across Southeast Georgia and Northeast Florida are scrambling to restore power to thousands of customers who are desperately in need of heat as a winter storm rages Wednesday. Heavy icing on trees has caused multiple power outages due to trees and limbs down all over St Simons ...
Palm Bay Utilities does not solicit customers for payment and will never ask for personal information such as social security information or credit card payment over the phone, according to the city. Customers who want to pay their bill they may call the automated phone number 321-952-3420 and select ...

Orlando, Fla. - Central Florida power companies are prepared to provide extra power to heat homes Wednesday as temperatures in some areas dip below freezing. Orlando Utility Co. officials said the company is ready to provide extra power for heating during the cold front and extra crews are standing ...
Tampa, Fla. (AP) -- A federal agency says Tampa Electric Co. ignored its own rules when performing a dangerous maintenance job at one of its plants that left five workers dead. On Thursday, the Occupational Safety and Health Administration slapped the company with its most serious citation -- a willful ...
Tampa, Florida -- A federal agency says Tampa Electric Company ignored its own rules when performing a dangerous maintenance job at one of its plants that left five workers dead. On Thursday, the Occupational Safety and Health Administration slapped the company with its most serious citation -- a ...
Bullies, texting, hurricanes and juvenile detention facilities are some of the issues that will get attention when the Florida Legislature's session begins Jan. 9. Gov. Rick Scott and legislative leaders always have different spending priorities and it's a high-stakes election year, so the annual battle of the budget ...
Florida utilities eye recovery of Hurricane Irma costs ... The largest utility in Florida will not immediately file for recovery, however, according to Platts. ... Florida utilities sped recovery times in the face of September's storms, but now utilities are looking at the costs and determining how best to be prepared for ...
It seems there's a really big hurry to rebuild our water system, and that big hurry, with its attendant extravagance, may be a bonus for investors in public water utilities. Please address your financial questions to Malcolm Berko, P.O. Box 8303, Largo, FL 33775, or email him at mjberko@yahoo.com. To find out ...
Many of us dread getting our utility bill in the mail and, this month, the sting might be even worse for Jacksonville residents. ... News4Jax tried to get information from Florida Power & Light, which serves parts of Northeast Florida, about potential bill spikes its customers are seeing, but we have not heard ...
The town, Florida public utilities and their contractors are cooperating more closely to eliminate or at least reduce the number of gas-line strikes that have occurred during digging to bury utility lines in the South End and far North End, a town official said. So far, the closer cooperation appears to be working.
Florida public utilities will relocate its Florida headquarters to Wildlight, the new town under development in Nassau County. Developer Raydient Places + Properties said the Florida energy provider is building an 18,000-square-foot office in the community's commercial district next to the headquarters of ...
Florida's anti-rooftop solar and anti-efficiency policies are fervently guarded in Tallahassee by a powerful lobbying presence from the utilities. Florida Power & Light is the largest of the regulated utility monopolies in the state. As the nation's 3rd largest IOU, it has nearly 5 million customers. In 2016, it turned ...
Tampa, Fla. (AP) -- A federal agency says Tampa Electric Company ignored its own rules when performing a dangerous maintenance job at one of its plants that left five workers dead. On Thursday, the Occupational Safety and Health Administration slapped the company with its most serious citation -- a ...
Florida utility buys 102.5-MW biomass plant ... the deal, it was sold to Gainesville Regional Utilities (GRU), GREC said on Wednesday.
It comes after a long-running debate about utility service in Indian River County -- a debate that included a Florida Supreme Court ruling last ... an agreement to buy wholesale power from the Orlando Utilities Commission.
As Palm Beach's controversial utility burial project continues, it's interesting to note that some South Florida communities where lines are ... 6,000 electrical customers on Longboat Key, near Sarasota, thanks to buried utilities.
COLUMBIA -- A major Florida power provider, NextEra Energy, is an ... Santee Cooper's suitors are among the largest utilities in the Southeast.
The Florida Public Service Commission approved a wide-ranging settlement with Duke Energy, bringing an end to the utility's proposed Levy ...
... over the length of power outages after Hurricane Irma, the Coral Gables commission says it will sue Florida Power & Light to force the utility to ...
New Florida muni solar program cuts NEM rates, includes battery storage incentives ... The utility's plan will add 250 MW of utility-scale solar to its system, ... 300 MW total to serve customers -- making it one of the utilities with ...
Florida Power & Light proposes new $888M gas unit ... According to the utility, the gas plant would be almost $1.3 billion cheaper than ...
electric utility in Florida lobbies against solar for regular people, but uses ... electricity utilities "use a little bit of political jiu-jitsu" to steal the sun.
Florida has come a long way since the busy 2004 and 2005 hurricane seasons. With 24 named storms hitting the Sunshine State between the ...
Editorial: Review of utilities during Irma begins ... The Florida Public Service Commission is cranking up to examine how investor-owned utilities, ... What do customers think about their utility's preparedness and response?
solar: Florida's JEA utility is dismantling its net metering policy while ... Energy in South Carolina, saying its utilities hinder large-scale solar ...
The Florida Keys took another hit -- head-on collision shuts down ... going northbound and a utility line truck -- on the Overseas Highway near ...
JEA is the largest municipal utility in Florida with about 450,000 ... is an apples-to-apples comparison of solar development by utilities across ...
Utility companies are now using the high-tech devices to help restore power faster and more efficiently in the wake of natural disasters like ...
State regulators yesterday denied a request by Florida Power ... last year allowed deferral of cost recovery, and allowed the utility to wait until ...
Candidates are better off not taking utility money, but if the utilities are funneling money into committees or through parties, the candidates will ...
Duke, other utility customers complain of sky-high power bills despite ... have complained about higher bills from a variety of utilities despite going without ... caused by Hurricane Irma, which battered Central Florida last month.
NextEra Energy is the parent company of Florida Power And Light, one of the largest regulated utilities in the country. Florida Power serves 10 ...
Almost 40 years ago, the Florida Legislature tried to take politics out of ... which takes millions in utility money, the very legislature responsible ...
Florida's PSC is now working on assessing utility responses. The agency is reviewing utilities' hurricane preparedness and restoration actions ...
Florida's PSC is now working on assessing utility responses. The agency is reviewing utilities' hurricane preparedness and restoration actions ...


 

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