Kids Pages
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State of Florida Public Service Commission NEWS RELEASE |
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| 04/08/2005 | Contact: 850-413-6482 |
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Customer Service Hearing Scheduled For Storm Cost Recovery Petition by Florida Power & Light, Inc. |
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TALLAHASSEE — The members and staff of the Florida Public Service Commission will conduct a customer service hearing in Melbourne Tuesday April 12, 2005, to provide consumers an opportunity to comment on a request by Florida Power & Light, Inc. (FP&L) to recover costs associated with the 2004 hurricane season. The company is seeking permission to recover $533 million from its 4.2 million Florida customers. According to company's estimates, total damage from hurricanes Charley, Frances and Jeanne was $998 million. Insurance reimbursements totaling $108 million are deducted from the total as is $354 million that was held in a special reserve fund specifically to repair storm-related damages. The $533 million balance is the amount the utility seeks to recover. The hearing will be held at the following location and the time listed: Tuesday, April 12, 2005 ### |
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