• 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 PSC Authorizes Hurricane Michael Surcharge for Peoples Gas System

Florida PSC Authorizes Hurricane Michael Surcharge for Peoples Gas System

Posted on July 9, 2019

The Florida Public Service Commission (PSC) today approved an interim storm restoration recovery charge that will allow Peoples Gas System (Peoples) to recover costs for Hurricane Michael and replenish its storm reserve.

Peoples reported recoverable costs of $3.4 million, which depleted its pre-storm reserve balance of $79,125.  With Commission approval, a Peoples’ residential bill for a customer using 12.8 therms will reflect a 76-cent surcharge beginning in August and ending in December. Peoples will notify customers of the charge via July bill inserts.

“Like many utilities, Peoples took a hit from Hurricane Michael, and we are committed to working with the company to ensure its ability to continue providing reliable service to its customers,” said PSC Chairman Art Graham.

The interim storm restoration recovery charge is subject to refund with interest pending PSC review of the utility’s actual restoration costs.  The disposition of any over or under recovery, and interest, will be considered by the PSC at a later date.

TECO Peoples Gas System, Florida’s largest natural gas distribution utility, serves about 370,000 customers across Florida. Peoples is a subsidiary of Emera Inc., headquartered in Halifax, Nova Scotia, Canada.

For additional information, visit floridapsc.com.

Follow the PSC on Twitter, @floridapsc.

Share this article! Share on FacebookShare on Twitter

Filed Under: Government Tagged With: Florida Public Service Commission

Primary Sidebar

    Submit News    

Miya’s Law, a Bill Enhancing Renter Protections, Signed into Law

“Miya’s Law,” SB 898, sponsored by Senator Linda Stewart (D – Orlando) and Representative Robin Bartleman (D – … [Read More...] about Miya’s Law, a Bill Enhancing Renter Protections, Signed into Law

House Democrats Respond to SCOTUS Overturning Roe v. Wade

Six Justices of the United States Supreme Court overturned decades of precedent today with their decision to … [Read More...] about House Democrats Respond to SCOTUS Overturning Roe v. Wade

The Florida Department of Economic Opportunity Announces $30 Million Available to Florida Rural Communities for Economic Development

The Florida Department of Economic Opportunity (DEO) today announced $30 million in available funds for … [Read More...] about The Florida Department of Economic Opportunity Announces $30 Million Available to Florida Rural Communities for Economic Development

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 2022 Capital Soup · All Rights Reserved ·