FPL customers could foot bill for nuclear plant expansion

[FPL Crooks]

You should all see the massive helicopter that takes off twice daily from the FPL corporate office rooftop in Juno Beach with executives that do not wish to drive.
This is where your money goes to.

[Eli Lilly]

Why don't they just split our bill into two line items: operating expenses and profit? Profit can just be a flat 30% of expenses?

[YODA- The Master]

If we foot the bill, the Government should demand we recv stocks based on our contribution.

FPL should have the option of purchasing those options, but we should control teh decision. I'll give them some money as an investment....but can they really make us pay for it, and then run millions in profit?

OH YEah...I forgot about comcast....I guess they can.

[YODA- The Master]

Actually they have learned that burning money is cheaper than fuel, they dump the money stright into the generators and in turn the thing cranks out billions in profit.

Hurricane damage, don't worry, the people will pay to fix it, and we can charge them more because we are "stressed"

Need a new plant, charge them more (becasue we are stressed) and make them pay to build it.

Whe I was a kid, I wondered what it would take to get a dollar from every person in the world...I was an under achiever....I should have started a power company or got into City Government...

They have figured a way to get us all to pay way more than a 1, over, and over, and over...maybe I am not as smart as I thought....

FPL Crooks wrote:

You should all see the massive helicopter that takes off twice daily from the FPL corporate office rooftop in Juno Beach with executives that do not wish to drive.
This is where your money goes to.

[what a surprise]

david wrote:

I suggest that every consumer in Florida just stops paying their bills
What is FPL going to do - shut off the electric to every home and business
This is bull crap and do you honestly think our LYING GOVERNOR will help us out?

Count me in. As far as I'm concerned, they can shut it off. I know how to live without it.

[lab-rat]

The US Government should issue a stern warning to FPL over their plan to extend their nuclear program.

How can we be so sure that they will use the nuclear power peacefully?

[lab-rat]

Wavy Gravy wrote:

I would be happy to pay for a coal fired plant right next to the Everglades.
Ok. Not really, but it would be fun to watch all the eco-freaks have a fit at the thought...

Now that I think about it, it would probably be more efficient to have a manatee-fired plant...

[freddy]

not only do we have to pay for there system up keep and repair now we have to pay them to build new poor plants you gotta be kidding what kind of crape is this,what the hell is wrong with the psc,I guess they are bought and paid for,more for the rich and screw everybody else,and they wonder why everybody that can is leaving this dump.

[Silly Government Jokes]

This is one again.

I am in business and when we expand we have to invest or borrow the $$.

However FPL can extort the money for expansion from it's customers aided and abetted by the FL pols.

We need competition like GA. There my electric supplier is a cooperative and we customers own it. It pays a dividend most years from it's profits less a set aside for future costs.

Anyhow just turn off some lights, or up the AC to 72 and there goes their extortion profit.

[Eric]

Mark1967 wrote:

big suprise there, the customer foots the bill.

Wow, just like it's done at every other business on the planet! FPL is a business, not a charity.

[THE BLAME GAME]

We knew this was a given... just your everyday monopoly. You buy a Hi bred you need FPL to charge it. They have you coming and going. And THE PSC is at FAULT for letting this happen because who is going to benefit? Not us. Where barely making it as it is. Do you really want to send us all to the POOR FARM? WHERE BETTER OFF BEING HOMELESS, ATLEAST THIS WAY YOU DON'T HAVE ANY BILLS TO PAY AND THAN LITTLE BY LITTLE THEY WILL LOSE SO MUCH MONEY THAT ALOT OF THERE EMPLOYESE WILL BE LAYED OFF DUE TO LACK OF FUNDS TO PAY THERE PAYROLL....

[waverider]

what a surprise wrote:

<quoted text>Count me in. As far as I'm concerned, they can shut it off. I know how to live without it.

then why dont you? if you just shut yours off, then why would you even care what fpl does to everyone else?

[Joe Sixpack]

What else is new? Florida Plunder and Loot needs more money. Most everybody else has to pay for new business. FPL just raises the bills. You have to remember their business model. Don't use profits or investor money. If you need more money you find some reason to raise the bills. Oops we might have a hurricane, raise the bills, oops the sky is falling need more money for protection. The investors need more money, raise the bills.

[dave]

No Way excess enerings say the company and stockholders can pay tor in improvments!

[Solarman]

david wrote:

This is total BS
They just showed record profits and now they want us to pay more.
The consumer pays through the nose for everything that FPL wants and our politicians approve it
Makes you wonder if some of the money is being shifted to our lying politician POCKETS
By the way I need a new house can I charge my neighbors?

I looked up a couple of sites the Florida DEP and the solar program under the energy act of 2006 sets out dollars for rebates for installing solar photovoltaic and solar water heating. There's even rebates in the FP&L service area under the plan. It's called the sun funds program. What I find interesting is that on the DEP page they state the allotment for 2007-2008 are already used up and there are applications for 3,309,468.00 for next year 2008-2009 starting July 1,2008. There seems to be a LOT of people in Florida wanting to generate their own power or go to a grid tied installation. Perhaps the disenfranchised here could send an e-mail to a company www.nanosolar.com . They have a solar product that they claim can be sold for 99 cents a watt when their production is at full capacity. Tell them in Florida you NEED IT NOW!!!!

[Browneyedflalady]

So whats next we support all the immigrants that come in, we are screwed at the gas pump, our governor didn't come through on his big tax savings he promised, affording a gallon of milk for our children is fading fast and healtchare and food cost keeps rising, something is wrong with this picture when I get my raise at work it doesn't even cover the cost of a can of soda anymore the dam vedning machines keep going up and and now FPL wants to stick it to us right before hurricane season begins and they will find some other excuse to let us have it again. When do we get to pass our cost on to all the big CEO's just raking it in?? How much more can you squeeze out of us>>

[Wow_here we go again]

Lets not forget all those lovely bonus packages that the managment teams get as well....

Guarenteed profit.... would'nt we all like to have a company that has that little benefit?

Loss of usage fee... how about that one????

While we where without power... FPL got to charge us for NOT USING power.... so while they fiddled around fixing substandard poles that they installed... we foot the bill.

[Wow_here we go again]

Eric wrote:

<quoted text>
Wow, just like it's done at every other business on the planet! FPL is a business, not a charity.

Uh genius... no it is not... its a monopoly that has a GUARANTEED PROFIT from the idiot /criminals at the PSC.

YOu may wish to do some research prior to spouting off at the mouth.

Hell... during wilma I and many MANY others lost power for weeks and in some cases months and the crooks at FPL where allowed to charge EVERYONE that includes you sport... a LOSS OF USAGE fee in our bills to compensate for substandard poles that broke and time that they where not billing for power consumption.

[Wow_here we go again]

Brian wrote:

Let me explain to all of you how this works. FPL is a regulated utility. They are only allowed to make a certain percentage of profit. Any more than that has to be returned to the ratepayers. FPL has to have any rate changes approved by the PSC. An unregulated utility can do anything they want and they can charge anything they want with no approvals needed.
When a regulated utility builds a new plant or expands an existing plant, the cost is added to the rate base after getting PSC approval. An unregulated utility will just raise the rates as necessary to pay for the plant and will make as much profit as it can.

Brian,
You forget one important fact... FPL is allowed to tell the PSC just what is considered profits as well as openly hiding money in the form of inflated "Costs" and "bonus packages" for the managment staff. Lets not forget that wonderful helicopter they have for the executives... the cost of that comes off the list of profits... they are not stupid... they do not pay dividends outside of FPL employees.

[Ridiculous]

Just Plain Vic wrote:

Do they not teach economics in this state or do they just import refugees who want a return of the Soviet?
A corporation, like FPL or Walmart or Shell, is not a person nor is it a philanthropist. It is in business to provide a service for profit, which it uses to pay its employees, repay the speculators who loaned it money by purchasing stocks and to grow itself. That is true even for a regulated industry like a power company. It's job is to make money, just like your's is.
If FPL operated at a loss, as you apparently want it to do, it could not pay its thousands of employees. It could not generate power nor build and repair infrastructure. No one would invest in a losing proposition and there would be no new power or expanded power generation. The soon bankrupt FPL would pay no taxes and the government would no longer be able do all of the things you want it to do (which down here seems to be anything that strikes your fancy at the moment). If FPL operated at a loss it could not build that new power plant so you could run your sprinkler pump and have a green lawn nor could it invest in or develop your fantasy alternative energy sources. They just paid the government over $360 Million in taxes; want to do without that?
Sure, let's stop paying the executives of the company exorbitant salaries. I'm sure they would be glad to work for peanuts, just like you would be happy to work for the pleasure of helping your fellow man rather than take money for your job.

Well said.