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NEWS RELEASE


02/25/2008 Contact: 850-413-6482

Florida Public Service Commission Sets Hearing for FPUC Rate Request


TALLAHASSEE — The Florida Public Service Commission (PSC) will conduct a hearing beginning Wednesday, February 27, 2008, to address Florida Public Utilities Company's (FPUC) 2007 Storm Hardening Plan and its petition for a rate increase. FPUC is requesting a rate change to recover increasing operating costs, including insurance, pensions, maintenance, and regulatory compliance at the state and federal levels.

FPUC provides service to approximately 31,080 customers in two geographic areas. The Northeast Division, headquartered in Fernandina Beach, serves approximately 15,670 customers on Amelia Island, and the Northwest Division, headquartered in Marianna, serves approximately 15,410 customers in Jackson, Calhoun, and Liberty counties. The utility’s last full rate case was in 2004.

All members of the public who want to comment should be present at the beginning of the hearing, which is set for the following time and location:

Wednesday - Friday, February 27 - 29, 2008
9:30 a.m.
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

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 monitors safety, reliability, and service.

For additional information, visit www.floridapsc.com.



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