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Public Service Commission


NEWS RELEASE


04/11/2005 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 Southeast Florida Wednesday April 13, 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 13, 2005
10:00 a.m.
Jane Thompson Memorial Chambers
Palm Beach County Governmental Center
301 N. Olive Avenue
West Palm Beach, Florida

Wednesday, April 13, 2005
6:00 p.m.
Holiday Inn-Downtown
1209 S. Federal Highway
Stuart, Florida

          Customers are urged to arrive as close to the opening of the hearings as possible.  Hearings may be adjourned after the last customer testifies.

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