• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About
  • Advertise
  • Submit News
  • Contact Us

Capital Soup

Florida News Straight From the Source

  • Soup Du Jour
  • People
  • Government
  • Campaign
  • Business
  • Education
  • Insights
  • Video
You are here: Home / Government / Florida Chamber of Commerce Disagrees With State Estimating Conference’s Indeterminate Findings on Proposed Energy Regulation

Florida Chamber of Commerce Disagrees With State Estimating Conference’s Indeterminate Findings on Proposed Energy Regulation

Posted on March 15, 2019

Florida Chamber of Commerce President and CEO Mark Wilson today released the below statement following news that the Financial Impact Estimating Conference (FIEC) did not determine the impact an effort to drastically change Florida’s electricity market would have on Florida’s communities and our state.

“The Florida Chamber of Commerce disagrees with the FIEC’s conclusions, particularly in light of the empirical evidence presented by expert economists showing the likelihood of significant increased costs.

“Studies by Charles River Associates and others shows that the proposed changes to Florida’s electricity market would have the very damaging financial impact on state and local governments of more than $1.2 billion per year in increased costs and reduced revenues. That means less funding for vital local services, including fire departments and first responders, and higher taxes for consumers and small businesses.

“We cannot secure Florida’s future with regulatory policies that will make our state less competitive and electricity more expensive. Voters deserve to know the facts – this price-hiking electricity related amendment is a drastic and costly proposal that will drive up costs on Florida’s families, consumers and local businesses.”

Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit FloridaChamber.com for more information.

Share this article! Share on FacebookShare on Twitter

Filed Under: Government Tagged With: Florida Chamber of Commerce

Primary Sidebar

    Submit News    

Democratic Lawmakers Condemn GOP Legislation Targeting Civil Rights Protests

Prominent Democratic lawmakers on Thursday sharply condemned Republican-backed legislation filed for the … [Read More...] about Democratic Lawmakers Condemn GOP Legislation Targeting Civil Rights Protests

MEGA MILLIONS jackpot increases to $625 million ahead of tonight’s draw

MEGA MILLIONS® and POWERBALL® Combined Jackpots climb to $1.1 Billion! Players have a chance to win big this … [Read More...] about MEGA MILLIONS jackpot increases to $625 million ahead of tonight’s draw

Southeast Florida Behavioral Health Network Partners with Law Enforcement to Reduce Opioid Deaths

In response to the rising opioid epidemic, Southeast Florida Behavioral Health Network is working with the … [Read More...] about Southeast Florida Behavioral Health Network Partners with Law Enforcement to Reduce Opioid Deaths

Keep in Touch

  • Email
  • Facebook
  • Twitter

Newsletter signup

Stay in the loop! Subscribe to our weekly newsletter to receive a brief recap of the week's most popular stories.

Footer

News

  • Soup Du Jour
  • People
  • Government
  • Campaign
  • Business
  • Education
  • Insights
  • Video

About Us 

  • About
  • Advertise
  • Submit News
  • Contact Us

Keep in Touch

  • Email
  • Facebook
  • Twitter

Copyright © 2021
Terms & Conditions

© Copyright 2021 Capital Soup · All Rights Reserved ·