The Florida Public Service Commission (PSC) will hold a Cost Recovery Clause hearing at 1:30 p.m. on Monday, November 5, 2018. The hearing will determine 2019 fuel and purchased power, as well as other recovery charges for customers of Florida Power & Light Company; Duke Energy Florida, LLC; Tampa Electric Company; Gulf Power Company; and Florida Public Utilities Company.
Under Florida Statute, utilities may recover the fuel and purchased power costs necessary to meet customer demand but may not earn a profit on fuel purchases. The fuel charge appears as a separate line item on customer bills. Capacity, conservation, and environmental costs are included in the energy charge and not listed separately on customer bills.
The Cost Recovery Clause hearing is scheduled for the following time and location:
Monday, November 5, 2018
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
In addition, November 6-7, 2018, are reserved to continue the hearing, if needed. The starting time of the next day’s session will be announced at the conclusion of each day.
The hearing will be broadcast on the Florida Channel (check your local listings) and is available online at floridapsc.com (look for the “Watch Live Broadcast” icon on the left side of the web page).