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NEWS RELEASE


10/14/2009 Contact: 850-413-6482

PSC to Consider Nuclear Cost Recovery on Friday


TALLAHASSEE — Florida’s Public Service Commission (PSC) will convene a Special Agenda Conference on Friday, October 16, 2009, to consider costs related to the construction of Florida Power and Light Company’s (FPL) Turkey Point Units 6 and 7 and Progress Energy Florida’s (Progress) Levy Units 1 and 2.  Costs related to the uprate of existing nuclear power plants will also be addressed by the Commission.

Progress filed a petition seeking recovery of costs associated with the uprate of their existing nuclear generating plant at Crystal River, and the construction of new nuclear power plants, Levy Units 1 & 2.  Completion of these projects will add 2,380 MWs of new nuclear base load generation to the Progress system.

FPL filed a petition seeking recovery of costs associated with the uprate of existing nuclear generating plants Turkey Point Units 3 & 4 and St. Lucie Units 1 & 2, and the construction of new nuclear power plants, Turkey Point Units 6 & 7.  Completion of these projects will add 2,614 MWs of new nuclear base load generation to FPL’s system.

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

Friday, October 16, 2009
9:30 a.m.

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

The meeting is available online at www.floridapsc.com by 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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