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NEWS RELEASE


09/03/2010 Contact: 850-413-6482

Nuclear Cost Recovery Hearing Continues Tuesday


TALLAHASSEE — The Florida Public Service Commission (PSC) will continue a hearing on nuclear cost recovery beginning Tuesday, September 7.  Commissioners voted to continue the proceeding to hear from all witnesses, including Florida Power & Light Company (FPL), intervenors, and PSC staff.

Commissioners will consider questions related to FPL’s nuclear cost testimony and examine actual and projected costs related to the construction of FPL’s Turkey Point Units 6 and 7.  Costs related to the uprate of FPL’s St. Lucie nuclear plant will also be considered.  Discussion of Progress Energy Florida’s nuclear costs has concluded.

The hearing, set for the following time and location, could last up to four days: 

Beginning Tuesday, September 7, 2010
9:30 a.m.
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

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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