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Public Service Commission


NEWS RELEASE


12/12/2008 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 Florida Public Service Commission (PSC) at the Tuesday, December 16, Agenda Conference:

ITEM 4: Docket No. 080278-TLJoint Petition for show cause proceedings against Verizon Florida LLC for apparent violation of Rule 25-4.070, F.A.C., Customer Trouble Reports, and impose fines, by the Office of the Attorney General, Citizens of the State of Florida, and AARP.  The Commission will address a staff recommendation on the joint petition requesting the Commission to direct Verizon to show cause why it should not be fined for the apparent rule violation.

ITEM 9: Docket No. 070432-EIPetition for authority to use deferral accounting and for creation of a regulatory asset for prudently incurred preconstruction costs associated with development of a clean coal project, by Florida Power & Light Company.  The Commission will consider a staff recommendation addressing FPL’s petition for recovery of a portion of the preconstruction costs associated with the Glades Power Park.

ITEM 10: Docket No. 080001-EI Fuel and purchased power cost recovery clause with generating performance incentive factor.  The Commission will consider a staff recommendation which addresses recovery of the replacement fuel costs involved with a 2006 incident at Turkey Point Unit 3.

ITEM 14: Docket No. 080006-WSWater and wastewater industry annual reestablishment of authorized range of returns on common equity for water and wastewater utilities pursuant to Section 367.081(4) (f), F.S.  The Commission will consider a staff recommendation addressing a leverage formula to be used in calculating a reasonable range of returns on equity for water and wastewater utilities.

The Agenda Conference is scheduled for the following time and location:

Tuesday, December 16, 2008
9:30 a.m.
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

The Agenda Conference is broadcast on the Florida Channel (check your local listings) and is available online by going to www.floridapsc.com and selecting Commission Calendar on the top right of the Web page.

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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