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NEWS RELEASE


01/11/2010 Contact: 850-413-6482

Florida Public Service Commission to Consider Florida Power & Light Company's Revenue Request


TALLAHASSEE — The five-member Florida Public Service Commission (PSC) will hold a Special Agenda Conference on Wednesday, January 13, 2010, to consider a staff recommendation addressing the revenue requirements in Florida Power & Light Company’s (FPL) requested rate increase.

FPL filed a petition with the PSC requesting a base rate increase in March 2009.  The Commission held nine customer service hearings throughout FPL’s service territory in June, where PSC Commissioners heard from hundreds of customers about the utility’s proposed rate increase and its quality of service.  Technical hearings were held in Tallahassee over several weeks in August, September, and October, where the Commission heard evidence and testimony from witnesses for FPL and intervenors in the case.

FPL, the largest electric provider in Florida, serves approximately 4.5 million customers.  The utility’s last general base rate increase was granted in 1985.

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

Wednesday, January 13, 2010
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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