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Public Service Commission


NEWS RELEASE


04/09/2007 Contact: 850-413-6482

FLORIDA PUBLIC SERVICE COMMISSION CONSIDERS ITEMS OF INTEREST AT UPCOMING AGENDA CONFERENCE


TALLAHASSEE — The following items are among those scheduled for consideration by the Commission at the April 10, 2007, Agenda Conference:

ITEM 3: DOCKET NO. 070011-EI – PROPOSED AMENDMENTS TO RULE 25-6.0143, F.A.C., USE OF ACCUMULATED PROVISION ACCOUNTS 228.1, 228.2, and 228.4, (STORM ACCOUNTING RULE). The Commission will consider a staff recommendation proposing a rule amendment to establish a single, uniform methodology for determining which storm damage restoration costs can appropriately be charged to Account 228.1, Accumulated Provision for Property Insurance.

ITEM 4: DOCKET NO. 070150-TL – INVESTIGATION AND DETERMINATION OF APPROPRIATE METHOD FOR ISSUING TIME-OUT-OF-SERVICE CREDITS TO ALL AFFECTED CUSTOMERS OF VERIZON FLORIDA LLC. The Commission will consider a staff recommendation to accept Verizon’s proposal to issue a refund to affected customers beginning with the first billing cycle in April 2007, for failing to issue automatic rebates to customers who experienced out-of-service conditions for more than 24 hours, as required by Rule 25-4.070(3)(a), F.A.C., from June 1, 2005, through February 7, 2007.

The PSC is committed to making sure that Florida's consumers receive their electric, natural gas, telephone, water, and wastewater services in a safe, affordable, and reliable manner. The PSC exercises regulatory authority over utilities in the areas of rate base/economic regulation; competitive market oversight; and monitoring of safety, reliability, and service.

For additional information, visit www.floridapsc.com.

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