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Public Service Commission


NEWS RELEASE


11/01/2018 Contact: 850-413-6482

Florida PSC Cost Recovery Clause Hearing Set for Monday


TALLAHASSEE — The Florida Public Service Commission (PSC) will hold a Cost Recovery Clause hearing at 1:30 p.m. on Monday, November 5, 2018. The hearing will determine 2019 fuel and purchased power, as well as other recovery charges for customers of Florida Power & Light Company; Duke Energy Florida, LLC; Tampa Electric Company; Gulf Power Company; and Florida Public Utilities Company.

The hearing will also determine 2019 purchased gas and natural gas conservation recovery charges for customers of Florida City Gas; Peoples Gas System; and Florida Public Utilities Company’s Indiantown Division, Fort Meade, and its Florida Division of Chesapeake Utilities Corporation.

Under Florida Statute, utilities may recover the 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:

Monday, November 5, 2018
1:30 p.m.
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

In addition, November 6-7, 2018, are reserved to continue the hearing, if needed.  The starting time of the next day’s session will be announced at the conclusion of each day.

The hearing will be broadcast on the Florida Channel (check your local listings) and is available online at www.floridapsc.com (look for the “Watch Live Broadcast” icon on the left side of the web page).

For additional information, visit www.floridapsc.com.

Follow the PSC on Twitter, @floridapsc.