On Wednesday, March 30, 2005, the staff of the Florida Public Service
Commission (PSC or Commission) will conduct a customer hearing to accept
comments and answer questions from consumers about a petition filed by Progress
Energy Florida, Inc. (PEF or utility). In its petition, PEF seeks approval of
a Storm Recovery Clause that would allow it to recover extraordinary
expenditures related to Hurricanes Charley, Frances, Jeanne, and Ivan. The purpose
of the new clause would be to recover the storm damage costs that exceeded the
utility’s Storm Damage Reserve during the 2004 hurricane season.
PEF serves approximately 1.5 million retail customers
in its service area in Florida, which is comprised of approximately 20,000 square
miles in 35 of the state’s 67 counties. In addition, the utility supplies
electricity at retail to approximately 350 communities and at wholesale to
about 21 Florida municipalities, utilities, and power agencies.
All customers of this utility are invited to attend
the hearing, which will be held at the following time and location:
Wednesday, March 30, 2005
Florida Public Service Commission
Betty Easley Conference Center, Room 148
4075 Esplanade Way
PSC staff is currently scheduled to file its recommendation
to the Commission concerning this petition on June 2, 2005.
The Commission is currently scheduled to consider the staff’s recommendation
and vote on this matter at its June 14,
2005, Agenda Conference.