TALLAHASSEE – LAWFUEL – Law News Network – Attorney General Charlie Crist today praised a decision by the Public Service Commission to reject a proposed rate increase of approximately $10 million requested by Florida Power & Light (FPL). The proposed increase would have been passed on to Florida consumers to cover the interest charges associated with gas in a new storage facility. Crist’s office appeared before the commission and argued that the increase would have been inconsistent with existing agreements between consumer representatives and FPL.
“The Public Service Commission has acted in the best interest of consumers by holding FPL to its agreement not to raise base utility rates,”
said Crist. “This is a $10- million holiday savings for millions of FPL customers.”
Added Public Counsel Harold McLean: “As in several other cases Attorney General Crist played a material role in a victory for consumers.
He is always a great advocate for consumers.”
A PSC staff recommendation indicated the proposed $10-million increase would usually appear in the base rate charged on customers’
utility bills. However, under an August 2005 agreement with Crist, the Public Counsel and others and approved by the commission, FPL is not permitted to raise its base rates until 2010. As a result, FPL asked that this rate increase be classified as a fuel service charge rather than as a base rate increase, which would have allowed it to be imposed on Florida consumers.