From the Desk of PSC Commissioner Lisa Polak Edgar: PSC Approves Stipulation for FPL Nuclear Cost Recovery
Florida’s Public Service Commission (PSC) by a 3 to 2 vote today approved Florida Power & Light Company’s (FPL) Motion of Stipulation and Deferral for nuclear cost recovery. The Stipulation allows the Commission to further investigate actual and proposed costs for the company’s nuclear projects while also protecting ratepayers.
Supported by the Office of Public Counsel and Florida Industrial Power Users Group, the Stipulation permits the Commission to determine prudence and reasonableness of FPL’s nuclear costs during nuclear cost recovery hearings next year. In January, a typical 1,000 kilowatt-hour FPL customer bill will reflect a monthly increase of 33 cents for carrying charges and other nuclear expenses. Costs recovered from ratepayers will be subject to refund pending further review. … Continue Reading







