On Wednesday, November 1, 2023, at 9:30 a.m., the Florida Public Service Commission (PSC) will begin its Cost Recovery Clause hearing to determine 2024 recovery charges for fuel and purchased power, environmental, conservation, and other costs for customers of Florida Power & Light Company; Duke Energy Florida, LLC; Tampa Electric Company; and Florida Public Utilities Company.
In addition, the Commission will determine 2024 purchased gas and natural gas conservation recovery charges for customers of Florida City Gas; Peoples Gas System, Inc.; St. Joe Gas Company, Inc.; and Florida Public Utilities Company.
Under Florida Statute, utilities may recover 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:
Wednesday, November 1, 2023
9:30 a.m.
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida
Hearing continuation, if necessary, is scheduled through November 3.
A live broadcast of the hearing will be available on the PSC’s website (click “Watch Live and Archived PSC Events”) and may be broadcast on the Florida Channel (check your local listing).
For additional information, visit www.floridapsc.com.
