Comments on: Utility regulators reject FPL profit-making request http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/ News about politics and government in Florida Sat, 25 May 2013 16:05:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Rise & Shine: January 14, 2010 | Sweet Solar Home http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-24371 Rise & Shine: January 14, 2010 | Sweet Solar Home Fri, 22 Jan 2010 23:33:59 +0000 http://www.postonpolitics.com/?p=13708#comment-24371 [...] Utility Regulators Reject FPL Profit Making Request The Public Service Commission dealt another blow to Florida Power & Light, this time unanimously rejecting a 12.5 percent return on equity sought in its $1.2 billion-a-year rate hike request. [...] [...] Utility Regulators Reject FPL Profit Making Request The Public Service Commission dealt another blow to Florida Power & Light, this time unanimously rejecting a 12.5 percent return on equity sought in its $1.2 billion-a-year rate hike request. [...]

]]> By: BettyK http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-23291 BettyK Fri, 15 Jan 2010 15:08:50 +0000 http://www.postonpolitics.com/?p=13708#comment-23291 Dear fpl employee, I am sure you are retired and will not have to worry about being laid off if in fact they do come to fruition. That is why you post such a remark. Most companies are all about profits, show me one that isn't. Not happy about paying more for anything in this world of ours but most we have not control over. The PSC are puppets, and Charlie Crist is the master, so it seems. Dear fpl employee, I am sure you are retired and will not have to worry about being laid off if in fact they do come to fruition. That is why you post such a remark. Most companies are all about profits, show me one that isn’t. Not happy about paying more for anything in this world of ours but most we have not control over. The PSC are puppets, and Charlie Crist is the master, so it seems.

]]> By: fplemployee http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-23130 fplemployee Thu, 14 Jan 2010 17:50:53 +0000 http://www.postonpolitics.com/?p=13708#comment-23130 FPL uses the statement that they have not had a base rate increase in over 20 years. The facts are that back then the base rate was the only that FPL could collect money from it’s customers but now they have fuel adjustment costs and many other pass through costs. Pass through meaning that if there is a fuel increase they pass the cost on to the customers. Plus they are claiming they will not be able to do their projected system improvements and maintain their facilities. The truth is we already pay for those improvements in our current bill. The CEO got an 11 million dollar bonus last year and the company made over ¾ of a billion dollars profit last in 2008. If they really needed the money I would have been all for the increase I do not believe they needed the money and neither did the PSC. Give back your bonus FPL uses the statement that they have not had a base rate increase in over 20 years. The facts are that back then the base rate was the only that FPL could collect money from it’s customers but now they have fuel adjustment costs and many other pass through costs. Pass through meaning that if there is a fuel increase they pass the cost on to the customers.
Plus they are claiming they will not be able to do their projected system improvements and maintain their facilities. The truth is we already pay for those improvements in our current bill. The CEO got an 11 million dollar bonus last year and the company made over ¾ of a billion dollars profit last in 2008. If they really needed the money I would have been all for the increase I do not believe they needed the money and neither did the PSC.
Give back your bonus

]]> By: theloneconsumer http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-23092 theloneconsumer Thu, 14 Jan 2010 14:17:34 +0000 http://www.postonpolitics.com/?p=13708#comment-23092 I wish I could say we have a new PSC. We have the Director who controlled the staff recommendations who spent alot of time being pro business. Mray Bane leaing was because her staff recs and the skewed natural gas projections for the state were shown to be a lie. For most of you, you could not comprehend reading archives of over 6 yrs of 20 different attys, copmmissioners general counsels' emails from the PSC. And the review of Mary Bane's staff changes starting with Lila Jaber and Harold McLean. It would be nice to think that Comijmssioner Argenziano made this happen. But she's had PIN communications ex parte violations during hearings. And she DID VOTE for the 2006 Energy bill, like a lemme during Jeb Bush's governorship. As Argenziano AND Fasano voted for the bill, it's a little too late to say they didnt read it, something was slipped in at the last minute. The bill's ramifications were published in the Miami herald a WEEK before the final vote in April 28, 2006. Tired of the dog and pony show. I wish I could say we have a new PSC. We have the Director who controlled the staff recommendations who spent alot of time being pro business. Mray Bane leaing was because her staff recs and the skewed natural gas projections for the state were shown to be a lie. For most of you, you could not comprehend reading archives of over 6 yrs of 20 different attys, copmmissioners general counsels’ emails from the PSC. And the review of Mary Bane’s staff changes starting with Lila Jaber and Harold McLean.
It would be nice to think that Comijmssioner Argenziano made this happen. But she’s had PIN communications ex parte violations during hearings. And she DID VOTE for the 2006 Energy bill, like a lemme during Jeb Bush’s governorship. As Argenziano AND Fasano voted for the bill, it’s a little too late to say they didnt read it, something was slipped in at the last minute. The bill’s ramifications were published in the Miami herald a WEEK before the final vote in April 28, 2006. Tired of the dog and pony show.

]]> By: Betty http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-23084 Betty Thu, 14 Jan 2010 13:57:46 +0000 http://www.postonpolitics.com/?p=13708#comment-23084 People private jets have nothing to do with getting and keeping your power on! Be glad you have power. The people of Haiti would love to have the luxury right now. Stop complaining and if you can't pay your 500. electric bill, CUT back and turn the thermostat up~like I do. Everyone wants conservation but that starts at home! Have you forgotten that? Too much waste in our society. Everyone has gotten too comfortable. Not one of us really knows what it is like to do without. Be thankful. People private jets have nothing to do with getting and keeping your power on! Be glad you have power. The people of Haiti would love to have the luxury right now. Stop complaining and if you can’t pay your 500. electric bill, CUT back and turn the thermostat up~like I do. Everyone wants conservation but that starts at home! Have you forgotten that? Too much waste in our society. Everyone has gotten too comfortable. Not one of us really knows what it is like to do without. Be thankful.

]]> By: Evie http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-23078 Evie Thu, 14 Jan 2010 13:32:51 +0000 http://www.postonpolitics.com/?p=13708#comment-23078 Mr. Gist, you are what is wrong with the world. Get over it~ get tough. You will be the first one to cry like a baby after a hurricane when you have no AC. Let's see you get out and do this work for peanuts! It is dangerous and not at all a job anyone can do. I for one am appreciative having electric on at the flick of a switch and any little outage, big deal. Go call the PSC again why don't you. I imagine you are first one to complain about any and everything. I pay my bill and get service and am happy to do so. And out of work~don't care to pay more for services either but fact of life. Everything goes up, it is expected. Mr. Gist, you are what is wrong with the world. Get over it~ get tough. You will be the first one to cry like a baby after a hurricane when you have no AC. Let’s see you get out and do this work for peanuts! It is dangerous and not at all a job anyone can do. I for one am appreciative having electric on at the flick of a switch and any little outage, big deal. Go call the PSC again why don’t you. I imagine you are first one to complain about any and everything. I pay my bill and get service and am happy to do so. And out of work~don’t care to pay more for services either but fact of life. Everything goes up, it is expected.

]]> By: Tweets that mention Utility regulators reject FPL profit-making request | Post on Politics -- Topsy.com http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22984 Tweets that mention Utility regulators reject FPL profit-making request | Post on Politics -- Topsy.com Thu, 14 Jan 2010 00:45:55 +0000 http://www.postonpolitics.com/?p=13708#comment-22984 [...] This post was mentioned on Twitter by SayfieReview.com, PostOnPolitics.com, ernie fidanza , Adam Rivera, bernznet and others. bernznet said: Utility regulators reject FPL profit-making request: “Looking at that and looking at the current economic situa.. http://bit.ly/67jOig [...] [...] This post was mentioned on Twitter by SayfieReview.com, PostOnPolitics.com, ernie fidanza , Adam Rivera, bernznet and others. bernznet said: Utility regulators reject FPL profit-making request: “Looking at that and looking at the current economic situa.. http://bit.ly/67jOig [...]

]]> By: NativeRealist http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22979 NativeRealist Wed, 13 Jan 2010 23:57:57 +0000 http://www.postonpolitics.com/?p=13708#comment-22979 How much has the cost of gas for your vehicle gone up in the last 15-20 years? How about the cost of a gallon of milk? Or even the cost of a Snickers bar? Then check the records and find how many times the base electric rate has increased...you may be surprised. Tallahassee is full of folks in power on agendas for their personal betterment, not the betterment of the public...it's a fact. Sometimes you can't see the forest for the trees...and that's just the way the lobbyist and politicians want it to stay. Congrats on causing another 300 fellow Floridians to be laid off...and even worse, causing a number of new jobs to go by the wayside. Yeah, the commission staff and panel are certainly looking out for the little people. You can dispute this if you want, but it's fact....like it or not. How much has the cost of gas for your vehicle gone up in the last 15-20 years? How about the cost of a gallon of milk? Or even the cost of a Snickers bar? Then check the records and find how many times the base electric rate has increased…you may be surprised. Tallahassee is full of folks in power on agendas for their personal betterment, not the betterment of the public…it’s a fact. Sometimes you can’t see the forest for the trees…and that’s just the way the lobbyist and politicians want it to stay. Congrats on causing another 300 fellow Floridians to be laid off…and even worse, causing a number of new jobs to go by the wayside. Yeah, the commission staff and panel are certainly looking out for the little people. You can dispute this if you want, but it’s fact….like it or not.

]]> By: William Gist http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22978 William Gist Wed, 13 Jan 2010 23:52:28 +0000 http://www.postonpolitics.com/?p=13708#comment-22978 All I am saying is that everyone wants: increased capacity, newer and greener technology, new jobs to help our economy rebound, a power grid that won't break down in a crisis; however, not many want to pay more to get it. I don't want to pay any more for my electricity than I have to but I hope I have the perspective to realize that the bigger picture is that FPL was willing to make significant investments in our state. With today's decision, that investment will be far less and thus, the decision will most likely have a negative, not a positive, impact on our long term effort to grow our economy and our need to embrace new energy technology. All I am saying is that everyone wants: increased capacity, newer and greener technology, new jobs to help our economy rebound, a power grid that won’t break down in a crisis; however, not many want to pay more to get it. I don’t want to pay any more for my electricity than I have to but I hope I have the perspective to realize that the bigger picture is that FPL was willing to make significant investments in our state. With today’s decision, that investment will be far less and thus, the decision will most likely have a negative, not a positive, impact on our long term effort to grow our economy and our need to embrace new energy technology.

]]> By: LicensedToSteal http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22976 LicensedToSteal Wed, 13 Jan 2010 23:48:51 +0000 http://www.postonpolitics.com/?p=13708#comment-22976 Ten percent profit is still too high. As a geographic monopoly providing are needed service to the public, they should only be allowed seven percent profit. There is a great deal of operating inefficiencies and salaries are way too high. If they need more money, they can start there. Getting rid of the corporate jet will bring them the millions initially and save them millions more in maintenance and operation. Ten percent profit is still too high. As a geographic monopoly providing are needed service to the public, they should only be allowed seven percent profit. There is a great deal of operating inefficiencies and salaries are way too high. If they need more money, they can start there. Getting rid of the corporate jet will bring them the millions initially and save them millions more in maintenance and operation.

]]> By: yankees09 http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22973 yankees09 Wed, 13 Jan 2010 23:30:28 +0000 http://www.postonpolitics.com/?p=13708#comment-22973 $1.2M is probably too much and I do not want to pay more but what I do know is this company is a well run, progressive organization and I am paying much less since moving into FPL's territory. $1.2M is probably too much and I do not want to pay more but what I do know is this company is a well run, progressive organization and I am paying much less since moving into FPL’s territory.

]]> By: krisp http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22965 krisp Wed, 13 Jan 2010 22:55:24 +0000 http://www.postonpolitics.com/?p=13708#comment-22965 FPL needs to put their own profits into their own equipment and less in there pockets, the greedy SOB's. And as to FPL's threats about power outtages, look at this way, if the meters are not spinning they are not making money so they will only be hurting themselves.I think it's time we get some competition in this state for power. FPL needs to put their own profits into their own equipment and less in there pockets, the greedy SOB’s. And as to FPL’s threats about power outtages, look at this way, if the meters are not spinning they are not making money so they will only be hurting themselves.I think it’s time we get some competition in this state for power.

]]> By: Rocky http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22962 Rocky Wed, 13 Jan 2010 22:42:04 +0000 http://www.postonpolitics.com/?p=13708#comment-22962 Bill, are you serious? “Everyone wants to go to heaven but nobody wants to die to get there!!!! What the eff does that have to do with the FPL monopoloy? or are you one of the shareholders that won't get a dividend? FPL needs to cut back like other companies and gov't agencies...at least this is a step in the right direction Bill, are you serious? “Everyone wants to go to heaven but nobody wants to die to get there!!!! What the eff does that have to do with the FPL monopoloy? or are you one of the shareholders that won’t get a dividend? FPL needs to cut back like other companies and gov’t agencies…at least this is a step in the right direction

]]> By: The Judge http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22961 The Judge Wed, 13 Jan 2010 22:37:46 +0000 http://www.postonpolitics.com/?p=13708#comment-22961 William Gist, Cry me a river. It's like you are saying the Police are not going to come because they did not get a raise... or firefighters are not going to put our fires. The monopoly FPL has a very sweet deal here, and should be GRATEFUL to the citizens of Florida for being such lambs. If there are problems with electric, I'll call the PSC, not FPL. William Gist,
Cry me a river. It’s like you are saying the Police are not going to come because they did not get a raise… or firefighters are not going to put our fires. The monopoly FPL has a very sweet deal here, and should be GRATEFUL to the citizens of Florida for being such lambs. If there are problems with electric, I’ll call the PSC, not FPL.

]]> By: William Gist http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22951 William Gist Wed, 13 Jan 2010 21:42:35 +0000 http://www.postonpolitics.com/?p=13708#comment-22951 I will keep my fingers crossed next time there is peak demand for electricity that there will not be an outage in my neighborhood. I also hope there are other businesses and industries stepping up to the plate to invest in our economy and create the jobs that FPL was going to do if the rate increase was approved. As my grandfather always said, "Everyone wants to go to heaven but nobody wants to die to get there." I will keep my fingers crossed next time there is peak demand for electricity that there will not be an outage in my neighborhood. I also hope there are other businesses and industries stepping up to the plate to invest in our economy and create the jobs that FPL was going to do if the rate increase was approved.
As my grandfather always said, “Everyone wants to go to heaven but nobody wants to die to get there.”

]]> By: WPB Resident http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22950 WPB Resident Wed, 13 Jan 2010 21:39:19 +0000 http://www.postonpolitics.com/?p=13708#comment-22950 The PSC finally did something right on the behalf of the Florida Residents/Consumers. The PSC finally did something right on the behalf of the Florida Residents/Consumers.

]]> By: willie http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22949 willie Wed, 13 Jan 2010 21:35:05 +0000 http://www.postonpolitics.com/?p=13708#comment-22949 Sad thing it will be the reliability of the current power plants that will suffer. Run to failure just got amplified ten fold while the so called leadership shoves more and more into their own pockets. Yahoo finance. Sell for 50 buy for 30. Only this cast of con artists. No one in the public will ever win. Sad thing it will be the reliability of the current power plants that will suffer. Run to failure just got amplified ten fold while the so called leadership shoves more and more into their own pockets. Yahoo finance. Sell for 50 buy for 30. Only this cast of con artists. No one in the public will ever win.

]]> By: mark white http://www.postonpolitics.com/2010/01/utility-regulators-reject-fpl-profit-making-request/comment-page-1/#comment-22942 mark white Wed, 13 Jan 2010 21:08:21 +0000 http://www.postonpolitics.com/?p=13708#comment-22942 Poor FPL is just crying and crying. PGN got slammed and now they know they are next. They need to put a limit on how many times a utility can request a rate hike. They havent even been rejected for this and they are already requesting another one. UNBELIEVABLE Poor FPL is just crying and crying. PGN got slammed and now they know they are next. They need to put a limit on how many times a utility can request a rate hike.

They havent even been rejected for this and they are already requesting another one.

UNBELIEVABLE

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