Many who have been following the FP & L proposed rate increase of more than 30% (the largest rate increase in Florida's history) for its customers hear that these revenues will be invested in future renewable energy. However, there is no guarantee that funds will be invested in solar and other renewable sources. Unlike the Gainesville Regional Utilities, the Public Service Commission lacks the power to enact feed-in tariffs to promote solar, sought by about half of the speakers at the public hearing. This would take legislative action.
According to the Sarasota TV station mysuncoast.com
FP & L spokesperson was quoted:
"The reality is, we are projecting total bills to go down starting in January 1st, 2010. And that's because of the investments we've made in our infrastructure to make it more fuel-efficient."Speaking for the Office of Public Counsel, Earl Poucher said it is opposed to the rate increase, calling it misleading. The decision about the rate increase will be made by the Public Service Commission in November, following a series of nine public meetings.
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