Vote on FPL’s proposed $1.2 billion rate hike put off until Januaryby Dara Kam | October 27th, 2009
Gov. Charlie Crist got his way with the Public Service Commission today after the panel decided to delay a vote on FPL’s proposed $1.2 billion rate hike until next year.
Regulators voted unanimously to delay a decision on FPL’s rate hike, originally scheduled for Dec. 21, until Jan. 13.
Regulators rejected their staff’s recommendation that they vote on the rate hikes this year as originally planned to comply with state law.
Instead, they agreed to vote on the amount of FPL’s rate hike on Jan. 13 and Progress Energy’s on Jan. 11.
The votes on the breakdown of the rates among different classes of customers will come on Jan. 28 for Progress and Jan. 29 for FPL.
Crist asked the commission to defer the vote on FPL’s rate case and Progress Energy Florida’s proposed $500 million rate increase until after his two new panelists take office on Jan. 1.
One of Crist’s new commissioners, David Klement, got an early start at the PSC in time to participate in today’s crucial vote.
Klement, a former newspaper editorial writer, was sworn in on Friday to fill in for former Commissioner Katrina McMurrian, who quit her job earlier this month after Crist failed to reappoint her to a second term.