Rule allowing FPL to recover some cos...

Rule allowing FPL to recover some costs before plant goes onlin...

There are 16 comments on the South Florida Sun-Sentinel story from Feb 13, 2007, titled Rule allowing FPL to recover some costs before plant goes onlin.... In it, South Florida Sun-Sentinel reports that:

State regulators Tuesday adopted new rules that allow investor-owned utilities like Florida Power & Light Co.

Join the discussion below, or Read more at South Florida Sun-Sentinel.

Freedom Lover

United States

#1 Feb 13, 2007
It seems to me that FPL investors should be footing these charges. If it is a good investment to invest and build nuclear power, then build it. If it isn't then don't build it. Either way, it is a decision and a cost for investors... not another cost to be passed on to FPL customers while investors, who didn't put any of their capital on the line, reap the benefits.
Dave

Boca Raton, FL

#2 Feb 13, 2007
In the future you can expect to see the word "surcharge" on every damn bill you get each month... Are the investors going to see a loss in profit levels during those years if these plants are proceeded with ??? I doubt it!!

ARJ

“Can't stop smiling”

Since: Dec 06

Fort Lauderdale

#3 Feb 13, 2007
I think it's time to invest in FPL. It just seems like we're footing everything. Storm repair, nuclear reactors, or anything else.
MyNewAlias

West Palm Beach, FL

#4 Feb 13, 2007
This is taxation without representation.
Enough

Miami, FL

#5 Feb 13, 2007
I agree.
fed up

Hollywood, FL

#7 Feb 13, 2007
gee and we thought we recieved a reprieve for the 'discounts' we have been getting the past month as they CLAIM. I aint surprised and I wont be then either, its all a scam to screw all of us, while the investors have NO RISK AT ALL. And do all you people also think that the 'great insurance reduction' as they call it will actually last? spare us all, its just a crock liek all these other 'refunds'. And wait yet still, when all these property tax bills adjust to meet the NEW ideas of double homestead and other rate controls, those of us that still have a 'resonable' tax bill will be footing the rest of the money those others wont be paying when they make it 'fair' for everyone, where do you think the money is going to come from?? Darned right, right from all of us who have lower bills now, WAKE UP PEOPLE and realize whats going on.
Shocked

Hollywood, FL

#8 Feb 13, 2007
Here goes the electric prod up my butt again.
wrong move

Pompano Beach, FL

#9 Feb 13, 2007
Getting f'd again and I did not even enjoy it.
wrong move

Pompano Beach, FL

#10 Feb 13, 2007
I want to make improvements to my house. Who can I hit up for money that I will not have to pay back? Do you think that FPL will pay for the solar energy system that I want to install?
Tim

San Jose, CA

#11 Feb 13, 2007
If the power is so cheap?? Why don't they carry full liability insurance for any accidents or other mishaps??

Answer, the nuclear industry has special exemption(federal law) limiting maximum damages to ~8 billion dollars in the form of a post accident levy!! On average they only carry a hundred million dollars in insurance.

A meltdown or terrorist attack on such a plant could easily make ALL of Florida (and most of Georiga) a un-inhabitable, radioactive, wasteland for several hundred years!!

What's that? 0.01 to 0.0001 cents of insurance to cover each dollar of damages?? Oh, and Good luck collecting from the Feds, you'll get the short end of that stick as well !
problem with FPL

Miami, FL

#12 Feb 13, 2007
That's the ticket FPL is playing! A very lucrative business with all the benefits! First they are guaranteed 12% profit no matter what will happen, then they are allowed by the state to collect as much money as they can to finance their projects, and they can charge customers for any type of increase - fuel, infrastructure, etc.

We have seen decrease in both oil and natural gas prices and we have never seen a decrease on our fuel surcharge, but when everything increases, PSC grants FPL a way to charge customers to the ying-yang. I'm glad Gov. Crist got rid of the two PSC commissioners, and should start getting rid of all of them and put a more "consumer-friendly" people on the seat. These PSC are a bunch of beaurocrats and just fall head-over-heels when FPL is in front of them!

I would love to have the same benefit as a private company as FPL is getting - too many good benefits they're getting. Best to send FL PSC, Gov letters demanding for better treatment of the consumers.
8244comment

Boca Raton, FL

#13 Feb 13, 2007
psc been and alway will work for fpl or any other BIG company that want to pass the buck to the people. this is NOTHING new.
javier

Miami, FL

#14 Feb 13, 2007
Alternative sources are needed in this state, maybe I should rephrase. Affordable energy sources are needed in this state. we have the sun, tide, waves, wind, thermal. surely there is an invester with deep pockets that can fund this.
Winded

Lake Worth, FL

#15 Feb 13, 2007
So don't all of you add the extra 9.95 a month to use the wind/solar power ? What a great deal....they play on the people to help the environment and then screw them anyway.

Way to go FPL ! You have a great business plan (aka Screw the people you serve and smile !)
MyNewAlias

West Palm Beach, FL

#16 Feb 13, 2007
javier wrote:
Alternative sources are needed in this state, maybe I should rephrase. Affordable energy sources are needed in this state. we have the sun, tide, waves, wind, thermal. surely there is an invester with deep pockets that can fund this.
Look at what runs along the Turnpike- high tension power lines that carry power out of the state!!!This state exports power. Why build an un-needed power plant?
Freedom Lover

United States

#17 Feb 14, 2007
MyNewAlias wrote:
<quoted text>
Look at what runs along the Turnpike- high tension power lines that carry power out of the state!!!This state exports power. Why build an un-needed power plant?
Because Floridians are too stupid to protest paying for this endeavor.

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