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Public Service Commission


NEWS RELEASE


02/02/2012 Contact: 850-413-6482

Florida PSC Enhances Public Access and Participation in PEF Settlement Agreement Process


TALLAHASSEE — Florida’s Public Service Commission (PSC) will consider the Progress Energy Florida (PEF) Settlement Agreement (Agreement) proposing January 2013 rate changes on February 20 to accommodate the utility’s request for an expedited review.  Because of PEF’s broad Agreement requests, the PSC is taking additional steps to ensure an open and transparent public process.

“Public participation is always an integral part of the PSC decision-making process,” said PSC Chairman Ronald A. Brisé.  “Because of the unprecedented nature of this particular case, we are taking extraordinary steps to ensure the public has the opportunity to provide input in the PSC process of reviewing this Agreement.”

The public can participate during the hearing.  PSC staff will be available before the hearing begins to sign up customers who want to comment.  Customers can also comment in writing by e-mailing contact@psc.state.fl.us and referencing docket number 120022.  Additionally, for this petition only, the PSC is allowing public computer access to depositions and discovery in dockets affected by the Agreement.  Computer access is available from 8:00 a.m. to 5:00 p.m., Monday–Friday through February 17 at the PSC’s Office of Commission Clerk, located in the Betty Easley Conference Center, 4075 Esplanade Way, Tallahassee.  Further information in the affected dockets is available on the Commission’s Web site, www.floridapsc.com; select the “Dockets” menu and enter the docket number.

PEF’s proposed Agreement is comprehensive since it seeks to resolve many PEF issues currently before, or about to be before, the Commission.  The Agreement increases base rates by $150 million, sets and keeps residential nuclear cost recovery at $3.45 per 1,000 kilowatt hours for five years, removes the Crystal River 3 (CR3) nuclear plant from customer rates until it’s either repaired or decommissioned, and refunds $288 million in fuel and purchased power costs for CR3 over five years.

Parties to the Agreement include the Office of Public Counsel, the Florida Industrial Power Users Group, the Florida Retail Federation, White Springs Agriculture Chemicals, Inc., and the Federal Executive Agencies.

The February 20 hearing will begin at 1:00 p.m., or immediately following a previously scheduled hearing on another matter, whichever occurs later, at the Betty Easley Conference Center.  The hearing will continue on Wednesday, February 22, if needed.

For additional information, visit www.floridapsc.com.

Follow the PSC on Twitter, @floridapsc.



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