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Public Service Commission


NEWS RELEASE


10/28/2011 Contact: 850-413-6482

PSC Fuel Adjustment Hearings Set for November 1-3


TALLAHASSEE — Florida’s Public Service Commission (PSC) will hold its annual fuel hearing beginning Tuesday, November 1 to determine 2012 fuel and purchased power recovery charges for customers of Florida Power & Light Company (FPL), Progress Energy Florida (PEF), Tampa Electric Company, Gulf Power Company, and Florida Public Utilities Company.

Utilities will present their projected 2012 fuel and purchased power costs and also true-up previous estimates for costs incurred in 2011 to actual costs.  Recovery of capacity, conservation, and environmental costs will also be considered.  The Office of Public Counsel will represent the interests of consumers.

Utilities may recover the fuel and purchased power costs necessary to meet customer demand but may not earn a profit on fuel purchases.  The fuel charge appears as a separate line item on customer bills.  Capacity, conservation, and environmental costs are included in the energy charge and not listed separately on customer bills.  FPL and PEF customers will also have Commission-approved nuclear cost recovery amounts included in the energy charge.

The hearing dates, time, and location are below:

Tuesday, November 1 through Thursday, November 3
Beginning at 9:30 a.m. on Tuesday
Betty Easley Conference Center
Joseph P. Cresse Hearing Room (Room 148)
4075 Esplanade Way
Tallahassee, Florida

For additional information, visit www.floridapsc.com.

Follow the PSC on Twitter, @floridapsc.



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