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Public Service Commission


NEWS RELEASE


09/09/2008 Contact: 850-413-6482

Nuclear Cost Recovery Clause Hearing Set to Begin Thursday


TALLAHASSEE — Florida’s Public Service Commission (PSC) will hold a hearing on recovery of costs for nuclear facilities being constructed and upgraded by Florida Power & Light Company and by Progress Energy Florida.  This is the first annual nuclear cost recovery proceeding under the newly adopted rule 25-6.0423, F.A.C., pursuant to Florida Statute.  The hearing will cover nuclear development in Florida, including expedited cost recovery.

The hearing is set for the following location and times:

Thursday, September 11 and Friday, September 12, 2008
and
Wednesday, September 17 and Thursday, September 18, 2008

9:30 a.m.

Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

The starting time for each hearing date after September 11 will be announced at the conclusion of the hearing preceding it.  The hearing may be adjourned early if all testimony is concluded.

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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