Florida Public Counsel raises initial objection to Duke’s $818M rate hike request

By Bruce Ritchie | 02/29/2024 06:27 AM EST

The objection could require additional proceedings in advance of Duke filing its testimony April 2.

TALLAHASSEE, Florida — The Office of Public Counsel has filed an initial objection to Duke Energy Florida’s three-year rate hike request on procedural grounds.

The details: Public Counsel Walt Trierweiler, in a Feb. 22 letter to the Florida Public Service Commission, objected to Duke Energy basing its rate hike request for three separate years of future earnings starting in 2025.
The details:
a Feb. 22 letter

The objection could require additional proceedings in advance of Duke filing its testimony April 2. Trierweiler also indicated his office is considering a separate legal challenge on the issue.

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Duke Energy wrote in a Jan. 31 letter that basing the rate increase on three “test” years would avoid multiple rate requests. The utility also said that its last two rate settlements included multiple year increases.

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