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Public Service Commission


NEWS RELEASE


04/04/2005 Contact: 850-413-6482

Customer Service Hearings Scheduled For Storm Cost Recovery Petition by Florida Power & Light, Inc.


TALLAHASSEE — The members and staff of the Florida Public Service Commission will conduct two customer service hearings in Southwest Florida Wednesday April 6, 2005,  to provide consumers an opportunity to comment on a request by Florida Power & Light, Inc. (FP&L) to recover costs associated with the 2004 hurricane season.

The company is seeking permission to recover $533 million from its 4.2 million Florida customers. According to company's estimates, total damage from hurricanes Charley, Frances and Jeanne was $998 million.  Insurance reimbursements totaling $108 million are deducted from the total as is $354 million that was held in a special reserve fund specifically to repair storm-related damages.   The $533 million balance is the amount the utility seeks to recover.

Hearings will be held at the following locations and the times listed:


Wednesday, April 6, 2005
10:00 a.m.-2:00 p.m.
School Board of Lee County
Board Room
Dr. James A. Adams Public Education Center
2055 Central Avenue
Ft. Myers, Florida

Wednesday, April 6, 2005
6:00 p.m.-9:00 p.m.
Charlotte County Commission Chambers
Room 119
18500 Murdock Circle
Port Charlotte, Florida

 

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