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From the staff of the Tampa Bay Times

FPL offers to zero $22 million nuke fee for a year but still wants $1.33 billion rate increase



With its future nuclear construction plans on hold, and plans to seek a major rate increase, Florida Power & Light has asked to take a break from charging customers for nuclear plant development next year.

In documents filed with the Public Service Commission on June 17, FPL said it is “willing to defer consideration” of its request to charge customers $22 million in 2017 and instead will take a one-year break from collecting the “nuclear cost recovery" fee until 2018. If approved, the change could save customers who use 1,000 kilowatt hours a month 34 cents on their monthly bill in 2017.

Meanwhile, FPL is asking regulators to look favorably on two other proposals that will cost customers considerably more than the nuclear cost recovery fee.

State regulators on Tuesday gave the company 10 years to clean up a massive underground plume of saltwater threatening drinking water well fields near its Turkey Point plant. The company has said that the clean-up efforts could cost about $50 million in the first year alone and could increase the typical customer bill 25 to 50 cents a month.

In August, the company will also ask state regulators to approve a $1.33 billion rate increase over the next three years that could increase customer bills by 27 percent. According to documents filed with the PSC, FPL not only seeks to increase customer base rates, it also wants to raise fees on things like connection charges and late payments for delinquent customers.

If the PSC approves the full rate increase, a customer who uses 1,000 kilowatt hours a month will see base rates increase by $14.67 a month to $71.67 by June 2019. Story here. 


[Last modified: Thursday, June 23, 2016 9:41am]


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