Wednesday, March 29, 2017

FPL Customers About To Take It Deep

The Florida House Subcommittee on Energy and Utilities on Tuesday will hear the proposal sought by Florida Power & Light to allow the company to expand its rate base by charging customers for investments in natural gas fracking operations in other states. here
 If the bill is approved, It would be the first time in the nation that a utility company would be allowed to shift the risk of an exploratory drilling to customers, instead of shareholders, without determining whether the investment is prudent.

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