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From the staff of the Tampa Bay Times

Rubio doesn't like electric rate increase, or does he?



Marco Rubio weighed in today on the question of the rate increases sought by Florida Power & Light and Progress Energy. Sort of.

He says: "I don't think any of us think this is a good time to see rate increases, understanding that those businesses have certain models that they have to set into place in order for financing'' but he doesn't say he supports the rate case either.

"The national market looks at that in terms of investment, the health of those companies, and we need to understand we do want healthy utility companies in Florida because utilities are an importanrt part of the infrastructure of our economy. But I don't think any of us think it's an ideal time to raise the cost of doing business or of living in Florida right now."

Rubio is Gov. Charlie Crist's Republican opponent for U.S. Senate. Crist has come out in opposition of the rate increases. See the full Rubio interview by St. Pete Time's Adam Smith here.

[Last modified: Thursday, September 9, 2010 1:08pm]


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