3 days ago
Florida regulators agree to halt utility rate case hearing
TALLAHASSEE, Florida — State regulators on Monday agreed to delay a hearing on Florida Power & Light's $2.5 billion rate hike request after the company and several commercial customer groups announced a preliminary deal last week.
Details: The Office of Public Counsel and energy justice groups are not part of the deal and opposed delaying the two-week hearing that was set to start Monday. But those groups appeared to soften their stance after members of the Public Service Commission said they shared legal due process concerns.
Settlement details were not released Friday by FPL or the commercial groups joining in, including the Florida Retail Federation, the Florida Industrial Power Users Group and the new Florida Energy for Innovation Association representing data center developers. FPL said the agreement will be filed no later than Aug. 20.
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Lawyers representing the utility and groups involved in the deal said delaying the hearing would avoid awkward or inaccurate sworn testimony this week on details of a rate request that may substantially change.
