After years of debate and negotiations, Florida Power & Light said Monday it has completed a $185 million deal to acquire the city of Vero Beach’s electric utility. FPL said it will provide service to about 35,000 customers in Vero Beach and other areas of Indian River County.
The state Public Service Commission on Nov. 27 gave final approvals for the deal, which FPL says will lead to lower electric bills for the former Vero Beach utility customers. “After nearly a decade of work together, we were able to overcome every obstacle and help the city achieve its goal of reducing electricity costs,” FPL President and Chief Executive Officer Eric Silagy said in a prepared statement Monday.
State regulators Tuesday approved proposals that will allow Tampa Electric Co. and Peoples Gas System to disconnect or refuse service to customers who threaten utility workers.
The companies, which are part of TECO Energy, requested approval from the Florida Public Service Commission because of what they said were numerous incidents of threats to employees, according to commission staff recommendations. The approval Tuesday added threats to employees to a series of other circumstances in which service can be disconnected or refused, such as failure to pay bills and tampering with meters.
In a high-stakes case, attorneys for consumers and two business groups are asking state regulators to require Florida Power & Light to refund as much as $736 million to customers and are calling for a review of the utility’s base electric rates.
The state Office of Public Counsel, which represents consumers in utility issues, the Florida Retail Federation and the Florida Industrial Power Users Group filed a petition Wednesday at the state Public Service Commission. In part, the petition focuses on tax savings under last year’s federal tax overhaul and a contention that FPL has exceeded a limit on profits included in a 2016 rate settlement.
FMEA would like to acknowledge our newest Associate Member: Citelum. Welcome to Florida’s public power network!
Please always remember the companies who support FMEA and the Florida Public Power community first when you need to purchase goods or services!
FMEA’s Associate Member of the month for December is Downes Associates.
Since 1968, Downes Associates, Inc. (DAI) provides engineering and management consulting services that truly excel. Through careful planning, development, and execution, they can help utilities make the right decisions at the right time. DAI’s “partnership for success” approach has made them a valuable member of the Florida Public Power community for years.