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FPL vote a win for the consumer, Crist says

Thursday, January 14th, 2010 by Dara Kam

Gov. Charlie Crist took credit for the Public Service Commission’s unanimous decision yesterday to grant FPL a $75 million-a-year rate hike, just a fraction of $1.2 billion the Juno Beach-based utility had sought.

Crist revamped the panel with two new appointments, Commissioners David Klement and Benjamin “Steve” Stevens,” late last year and appointed Chairwoman Nancy Argenziano and Nathan Skop in 2007. Crist’s appointments were intended to create a more consumer-friendly commission that in previous years when PSC votes were considered to lean more toward the utilities it regulates.

Asked if he had an impact on yesterday’s vote, Crist said: “It’s fairly obvious, isn’t it?”

The FPL decision came on the heels of a vote Monday in which the PSC denied Progress Energy Florida’s $500 million rate hike request and ordered them to repay $23 million in depreciation costs to consumers.

Crist last year effectively fired two commissioners by not reappointing them and the PSC delayed votes on the issues until the new commissioners took office this month.

Crist dismissed Florida Power & Light Co. President Armando Olivera’s assertion that the PSC vote will cost the state 20,000 new jobs from projects it is now putting on hold.

“Well we certainly don’t hope for that. I don’t think that’s going to be the case. I think that what happened is the Public Service Commission is an independent body that has a duty to perform their job. I think they did exactly that,” Crist said.

More than 1 million Floridians out of work; jobless rate still rising

Friday, December 18th, 2009 by Dara Kam

Florida’s unemployment rate jumped again last month, climbing to 11.5 percent with more than 1 million workers out of a job.

The state’s unemployment rate climbed .2 percent from October’s jobless rate and is 4.8 percentage points higher than it was in November last year.

Florida’s unemployment rate is 1.5 percent higher than the nation’s jobless rate and is the highest in 34 years. (more…)

Florida unemployment holds steady

Friday, August 21st, 2009 by Dara Kam

Florida’s jobless rate remained at 10.7 percent in July, 1.3 percent points higher than the national unemployment rate of 9.4 percent, the Agency for Workforce Innovation reported today.

The unemployment rate in June and July is the highest in the past 34 years. In October 1975, the jobless rate was 11 percent.

The rate remained steady although the state has already spent more than $944 million of federal stimulus money on unemployment benefits and resources.

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